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The Risky Business of Investing in Lawsuits

If they lose, the lawyers are on the hook not only for their own costs but also for the other side's defence

June 26, 2012

When lawyers in Canada take on a case such as the proposed class action against scandal-plagued Sino-Forest Corp., they usually assume a multimillion-dollar risk: If they lose, the lawyers are on the hook not only for their own costs but also for the other side's defence.

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The Risky Business of Investing in Lawsuits
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