In my Fall 2003 article, A Marketplace Trial, published in the litigation supplement to the American Lawyer, I argued that one could apply financial techniques to value and hedge lawsuits. The market may have taken a big step in that direction. 

Investing in Lawsuits, for a Share of the Awards (New York Times, 3 June 2009) is a front page business section article about investment companies such as Juridica Investments, which invest in lawsuits.

According to Juridica’s website, it is

“a limited liability, closed-ended investment company registered in Guernsey*, that has raised