Graduation Year

2020

Date of Submission

12-2019

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Eric Helland

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© 2019 Vinodh Srikanth

Abstract

Multidistrict litigation serves as a pretrial mechanism that aims to reduce the financial and time costs of mass tort litigation. Its practice has grown tremendously during the course of the early 21st century, so much so that over half of the United States federal docket is composed of multidistrict litigation cases. In the past decade, the presence of third party litigation funding in multidistrict litigation has dramatically increased, sparking concerns regarding the extent of the influence of third party financiers in these legal proceedings. This thesis explores the impact of the presence of third party litigation funding on the percentage of cases dismissed in a multidistrict litigation docket. The results suggest that its presence does not significantly effect this percentage, although the small nature of the sample of cases examined limits the conclusiveness of the findings. The performance of similar regression analysis and hypothesis testing on a larger sample of cases is necessary in order to confirm this null effect.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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