Glossary

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  • Third-Party Litigation Funding / TPLF

    Third-party litigation funding (TPLF) shall enable a claimant to litigate or arbitrate without having to pay for it. A third party funder can pay some or all of the costs/expenses associated with a dispute in return for a share of the proceeds of the dispute if it is successful. In case the litigation is not successful, the funder is generally not paid.