Bloomberg Law
Aug. 26, 2016, 9:15 PM UTC

Litigation Financier (Backed by Peter Thiel) for the Little Guy

Casey Sullivan

Ever since Peter Thiel bankrolled the lawsuit that forced Nick Denton to sell Gawker Media, it seems some litigation financiers are on the defensive .

That also seems to be the case for Thiel Fellow Eva Shang, who was among 29 young people awarded with $100,000 each to help finance their various forms of entrepreneurship.

Here’s the thing: Shang’s idea of entrepreneurship is starting a litigation finance firm of her own: Legalist. And she’d like it to be known for improving access to justice. [The Thiel Foundation provides financing and fellowships to support young people who drop out of school to ...

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