Litigation funding investors earn contingent returns when funded claims resolve successfully. Here is how the contracts, payment waterfalls, risks, and due diligence work.

Mobile apps have changed the way people do almost everything online, from watching movies and checking sports scores to gaming and following live events. Sports betting is part of that same shift. As more betting activity moves onto phones, users are also becoming more particular about the experience. An app …

Third-party litigation funding lets an outside investor cover the cost of a lawsuit in exchange for a share of any recovery. Here is how the arrangements are structured, who uses them, and how regulation differs by jurisdiction.