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Texas Publication Criticizes Litigation Funding’s ‘Incalculable’ Cost to Society: ‘It Used To Be A Crime. Now We Celebrate It?’

The headline sums it up: ‘It Used To Be A Crime.  Now We Celebrate It?”  That’s from the Southeast Texas Record, lamenting the arrival of a litigation funding company, and the erosion of proscriptions against champtery, in an opinion piece that is available in full here.  The writer says that, “[t]he hope of discouraging frivolous lawsuits, protecting the integrity of our judicial system, and keeping unscrupulous lenders from preying on potential plaintiffs seems to have gone by the wayside.”