Chevron Ecuador Lawsuit News
Crowdsourcing Comes to the Booming World of ‘Litigation Finance’ – BusinessWeek
If Chevron settled for $100 million, for example, Donziger’s financiers would get paid $69 million off the top—a healthy profit exceeding 100 percent, according to a forensic analysis done at the oil company’s behest by the accounting firm KPMG. Attorneys and other advisers, including Donziger, would share $22 million. Administrative expenses would consume $8 million. That would leave just $1.5 million for rain forest reparations. Read more>>
If Chevron settled for $100 million, for example, Donziger’s financiers would get paid $69 million off the top—a healthy profit exceeding 100 percent, according to a forensic analysis done at the oil company’s behest by the accounting firm KPMG. Attorneys and other advisers, including Donziger, would share $22 million. Administrative expenses would consume $8 million. That would leave just $1.5 million for rain forest reparations. <a href="http://www.businessweek.com/articles/2014-11-20/lexshares-crowdsourcing-comes-to-the-litigation-finance-world" target="_blank">Read more>></a>
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