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The Risky Business of Investing in Lawsuits

The Risky Business of Investing in Lawsuits

June 26, 2012 | Bridgepoint Financial |Posted in News

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

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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