Don’t fear foreign investment in lawsuits ...Middle East

Remember the hysteria when Japanese investors bought Rockefeller Center and threatened the American car industry with obliteration? Recent commentary served as the latest example in a long line of xenophobic scare tactics by claiming that “foreign adversaries” are funding “frivolous litigation” to “weaken critical industries” or to obtain trade secrets or intellectual property. Then, as now, the fearmongering should be seen for what it is. Foreign money is an essential ingredient to American prosperity, as are the financial tools of risk sharing that are now in the mainstream of America’s justice system. Historically, lawsuits were funded (on both sides) by litigants themselves o

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