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Third Circuit Opinion Mostly Vacates Settlement Funding Prohibition

April 26, 2019
Sheilla Dingus

On Friday the Third Circuit Court of Appeals delivered a precedential ruling regarding a district courts authority over third-party settlement funders.   As a result of the ruling, many NFL settlement class members will once again find themselves on the hook for advances on their settlement awards.  I explain the ruling, in the following thread:

Here’s the order in its entirety:

I did a second thread on the funder issue including some articles that published after my initial tweets, which include comments from Chris Seeger and attorneys for the lenders.

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