TBA Law Blog

Posted by: Stacey Shrader Joslin on Jul 1, 2014

A new Tennessee law targeting loans to finance the costs of lawsuits is leading an Illinois company to leave the state, WDEF reports. Oasis Legal Finance, one of the country’s largest consumer legal funding services, issues loans to consumers while they wait for settlements in their case. The company announced it is leaving the Tennessee market as the law goes into effect this week.