Litigation Finance: Legal Framework in Spain (I)
Spain is an attractive market for litigation funders, and proof of this is the growth in competition of the last five years. In fact, an increasing number of funds seek to increase their presence in Spain through satellite offices. Notwithstanding the foregoing, the market is at a point of saturation, fact that does not come as a surprise. Spain is a very advantageous country for litigation funding because it offers a friendly regulatory framework. Spain is not restricted by the medieval figures of maintenance and champerty, typical figures of common law jurisdictions, and offers a lot of flexibility. Furthermore, art.…



