Canada is a Growing Market for Litigation Finance
Woodsford’s recent announcement that it is expanding into Canada underscores the interest global funders have in America’s neighbor to the north.
U.S. Claims Closes $50 Million Deal
DELRAY BEACH, Fla., Nov. 12, 2019 /PRNewswire/ — DRB Financial Solutions, LLC (DRBfinancial.com), and its wholly-owned subsidiary U.S. Claims (USClaims.com), America’s premier pre-settlement funding company, today announced the two-year renewal of a $50M pre-settlement revolving credit facility. The renewal comes amidst a string of financial transactions that have helped the company improve its offerings and foster further growth.
63% of In-House Counsel Report Increased Pressure to Reduce Costs Amidst a Lack of Resources
A new survey by Konexo, the alternative legal services department of Aussie law firm Eversheds Sutherland, has found that nearly 2/3 of in-house counsel surveyed report increased pressure to reduce costs, while resources continue to dwindle. Yet despite this, GCs are loathe to outsource work to external counsel, instead looking for alternatives to the traditional law firm model.
Momentum Funding Welcomes New Regional Account Executive, with a Focus on Central Florida
ORLANDO, Fla., Nov. 12, 2019 /PRNewswire/ — Momentum Funding, a premier legal, medical, and transportation finance company, is excited to announce and welcome Kaitlynn Diaz as a new Regional Account Executive. She will oversee business in Central Florida. She comes to Momentum with a Juris Doctorate from Ave Maria School of Law and has worked in the legal industry for the past six years.
Legal-Bay Announces $105MM Fund to Pay for Negligence Claims in California Wildfires
PARADISE, Calif., Nov. 12, 2019 /PRNewswire/ — Legal Bay Lawsuit Funding reports that residents of northern Californiawho have been affected by the slew of recent wildfires can apply for aid through the Wildfire Assistance Program. The $105 million fund was approved by the judge during PG&E’s Chapter 11 case, and will be made available via the company’s cash reserves.
Why the Construction Industry is Ripe for Litigation Finance
The global construction industry is one that is utilizing litigation finance to greater and greater degrees. With heavy CapEx, a high rate of legal disputes and low margins, construction firms and contractors are finding solace in third party litigation finance.
Woodsford Litigation Funding enters the Canadian market with three key hires
LONDON 11 November 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team and entry into the Canadian market with the appointment John G. Booth, Ekin Cinar and Richard Asselin as Consultants.
Legal-Bay Pre Settlement Funding Preparing For Numerous Bayer Lawsuit
JERSEY CITY, N.J., Nov. 9, 2019 /PRNewswire/ — Legal-Bay LLC, The Pre Settlement Funding Company, announced today that they have recently seen an increase in Essure birth control lawsuits, and are preparing for numerous presettlement payouts in the coming months.
Time Running Out to Join Liti-Link Retrocession Claim
Litigation funder Liti-Link is backing a UK ‘retrocession’ claim against Swiss banks UBS and Credit Suisse. However, British investors only have until the end of this year to join the claim.
Leading dispute financiers IMF Bentham and Omni Bridgeway complete merger transaction
SYDNEY (November 11, 2019) Leading dispute resolution financier IMF Bentham Limited (IMF Bentham) (ASX:IMF) announces that it has completed the merger with Omni Bridgeway Holdings BV (Omni Bridgeway) previously announced on October 15, 2019.
