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Economy

Alexander Of Assyria

(7,839 posts)

1. One can sell litigation rights? And then transfer them to a favorite jurisdiction? Who knew?

Reply to peppertree (Original post)

Sat Apr 1, 2023, 04:19 PM

Apr 2023

Capitalism has its own rules…and they all favor capitalists.

No wonder so many nations are turning their backs on the West and looking East.

Argentine State, Argentine oil company, Argentine oil…American judge??

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Argentina found liable in multi-billion-dollar suit over 2012 YPF oil firm takeover [View all] peppertree Apr 2023 OP

One can sell litigation rights? And then transfer them to a favorite jurisdiction? Who knew? Alexander Of Assyria Apr 2023 #1

Well said - ESPECIALLY in Burford's case, who paid $18 million and now wants $18 BILLION peppertree Apr 2023 #2

So the citizen of Argentina are on the hook to pay Farmer-Rick Apr 2023 #3

Exactly. But given the kangaroo courts in Wall Street, it would've surprised me to see anything else peppertree Apr 2023 #4