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Litigation funders have seen an uptick in demand for third-party funding for bankruptcy cases.
Though federal intervention has kept the worst of bankruptcies at bay, experts expect more to come.
Four litigation finance firms told Insider why they re making bets on bankruptcy.
More than a year into the global coronavirus pandemic, businesses across the United States are still filing for bankruptcy at high rates. Investors who make bets on litigation are eyeing the economic turmoil with visions of big returns.