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"Litigation finance" -- for people getting divorced



You might expect that particular innovation here, but it's actually being reported in the U.K., where banks are offering something called a "matrimonial dispute loan" advancing funds on the expectation that you will be able to extract the money for repayment from your soon-to-be-ex-spouse. Financial Rounds wonders whether the next step is to securitize the loans.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.