Litigation
Jun. 1, 2016
A tax hypo, funded by Silicon Valley
Of course, investing in lawsuits sounds strange. Selling off pieces of a suit does, too. But it is increasingly common. And legal and tax rules are developing for how to deal with the issues. By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
The recent story that billionaire PayPal cofounder Peter Thiel has been secretly funding Hulk Hogan as he sues Gawker got a lot of people excited. Not too many people seem to be rushing to defend Gawker, or hoping that Gawker weathers this legal and financial storm and can keep publishing. But the titillating news is prompting new discussions about litigation funding.
Regardless of who is paying for what, of course, Hogan h...
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