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Europe Daily Bulletin No. 13020

14 September 2022
EUROPEAN PARLIAMENT PLENARY / Justice
European Parliament calls for directive to regulate third party funding of trials
Strasbourg, 13/09/2022 (Agence Europe)

The parties to the case need protection from private investors who want to make a profit, according to MEPs. On 13 September, they adopted the motion for a resolution by Axel Voss (EPP, German) by 504 votes to 57 with 65 abstentions.

There is a rapidly expanding global trend of hedge funds investing in legal proceedings to make enormous profits on the back of people who seek justice after suffering wrong”, said rapporteur Axel Voss. 

In the resolution, it is suggested that the...

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