Washington, D.C. — Last week, the Minnesota Supreme Court affirmed consumer litigation funding in Minnesota, finding that champerty, the English common law doctrine prohibiting disinterested third parties from providing money to plaintiffs in exchange for an interest in their case no longer applies.

“The American Legal Finance Association (ALFA) applauds the Minnesota Supreme Court’s decision to eliminate the application of this outdated doctrine to consumer legal funding. Minnesota is joining the ranks of states that understand the important role of consumer legal funding in helping victims access justice.” said Kelly Gilroy, Executive Director of ALFA.

Despite a lower court decision…


Albany, NY — Last week, the New York Legislature adjourned without passing legislation to regulate the consumer legal funding industry in the state. The American Legal Finance Association (ALFA) supports robust regulation of funding companies requiring licensure, registration, and disclosure, among other consumer protections. ALFA urges lawmakers to prioritize legislation addressing this issue in the next session.

ALFA Executive Director Kelly Gilroy released the following statement:

“We saw a great deal of support for consumer legal funding regulation in the New York Legislature this session. While we had hoped this would lead to the passage of legislation, we are encouraged…


Washington, D.C., June 6, 2019 — This week, Democratic Nevada Governor Steve Sisolak signed into law S.B. 432, which would regulate consumer legal funding in the state. By defining key terms relevant to consumer legal funding and setting strict requirements for licensure and non-interference, the bills will benefit victims seeking justice through the courts.

“The American Legal Finance Association applauds Governor Sisolak and the Democrat-led Nevada legislature for enacting this law,” said Kelly Gilroy, Executive Director of ALFA. “ALFA has long advocated for strong regulation and oversight of consumer legal funding. We hold our members to the highest ethical standards…


Washington, D.C. — This morning, the Georgia Supreme Court released their decision on Ruth et al. v. Cherokee Funding, LLC et al. This ruling will preserve consumer access to legal funding in Georgia and sets an important precedent for regulation of consumer legal funding in other states.

“The American Legal Finance Association (ALFA) applauds the Georgia Supreme Court’s decision today recognizing the fundamental differences between pre-settlement advances and loans,” said Kelly Gilroy, Executive Director of ALFA. “As detailed in our amicus brief for the case, the consumer legal funding industry needs appropriate standards and regulation — such as those we…


ALBANY, NY — The American Legal Finance Association (ALFA) thanks New York Assemblyman Erik Dilan (D-Brooklyn) and New York Senator Michael Ranzenhofer (R-Amherst) for their commitment to preserving consumers’ access to legal funding and for their efforts to develop smart regulation of this industry. ALFA Executive Director Kelly Gilroy released the following statement after lawmakers failed to reach a consensus on legal funding legislation.

“We’re grateful to Assemblyman Dilan and Senator Ranzenhofer for their leadership in developing legislation for robust regulation of legal funding in New York. We would also like to thank all of the New York Leadership for…


Today, ALFA introduced a new video series telling the unique stories of two women, Petronila Malaves and Debra Anderson, who used legal funding as they sought justice after they were injured at work. Petronila and Debra both faced powerful defendants in cases that took years to settle. During the pendency of their cases, they independently sought legal funding to assist with everyday expenses like medical bills and mortgage payments.

Most Americans lack the funds to pay for a $500 unexpected expense. As plaintiffs await the outcome of their legal battle, they often face financial challenges such as medical bills or…


In a world where it feels like the little guy never wins, legal funding gives David a fair shot to beat Goliath. Fortunately, some New York lawmakers understand this and have proposed smart legislation that will enable consumers across the Empire State to benefit from legal funding, while establishing strict regulations to protect them against exploitation and abuse.

The benefits of legal funding are clear. Everyone knows the odds are stacked against the average victim going up against an influential, deep-pocketed organization. …


A single mom is injured operating faulty machinery. A husband is involved in a serious car accident. A retiree breaks her hip due to a store’s negligence. Suddenly faced with mounting medical bills and unable to work, they struggle to afford basic personal expenses. While they can take legal action against the responsible party, it could take years before they received financial compensation for damages. In the meantime, they worry how they’ll survive until a decision is reached. In these real-life situations, legal funding offered a lifeline.

The defendants in cases like these, frequently multi-billion dollar corporations, can use their…

American Legal Finance Association (ALFA)

ALFA represents the leading consumer legal funding companies across the country. We promote fair, ethical & transparent funding standards in our industry.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store