Parabellum Looking to Raise $350-$500MM for New Fund
Parabellum Capital is pursuing a $350-$500MM fundraise, just months after a hiring binge in which the funder added a trio of new directors, in addition to a senior advisor….
Legal-Bay Pre-Settlement Funding Company Braces For Busy Holiday Season
JERSEY CITY, N.J., Dec. 10, 2018 /PRNewswire/ — Legal-Bay, the Pre-Settlement Funding Company, announced today that they have extra staff preparing for the busy Christmas season, when clients looking for pre-settlement lawsuit funding picks up. Legal-Bay is one of the leading lawsuit funding companies in the industry, and they have a fast approval process.
Parabellum Capital Expands Intellectual Property Offerings, Enhances Underwriting Through Strategic Partnership with PatentVector
NEW YORK–(BUSINESS WIRE)–Parabellum Capital LLC (“Parabellum”), an innovator in litigation finance, today announced a new strategic partnership with PatentVector LLC, the industry leader in big data patent analytics. PatentVector will provide patent data analytics to Parabellum, who will be the exclusive recipient among litigation financiers. In addition, Professor Andrew Torrance, PatentVector’s CEO and Co-Founder, will serve as Parabellum’s Special Advisor for Data Science.
Why Manolete Won’t Be the Next Juridica
Manolete Partners is set to float on the UK’s Alternative Investment Market (AIM) exchange this week. The IPO corresponds with fellow AIM-listed funder Juridica’s fall into receivership. Juridica was once a promising company – the first publicly listed funder – but a series of miscues, case backlogs and internal executive struggles doomed the fledgling company. Although…
Court Orders UK Post Office to Explain Encrypted File in Therium-Funded Claim
Therium Capital Management is funding a claim by 550 postmasters against the UK Post Office, alleging that the Post Office’s broader accounting errors led to their being fined, and in some cases even imprisoned. The High Court hearing the case has ordered the Post Office to reveal why certain encrypted files have yet to be…
IMF Bentham announces closing of Fund 4
SYDNEY (December,10 2018) – IMF Bentham Limited (ASX: IMF) is delighted to share news that just one week after announcing the launch of Fund 4, we have closed the fund with investors from family offices and endowments.
IMF Bentham Returns to Europe with Launch of IMF EMEA in London
Australian-based IMF Bentham will enter the European funding market, as the company launches a London-based subsidiary labelled IMF EMEA. The new firm will have $300M of seed capital to deploy across the European continent….
Validity Poaches Pair of Bentham Employees
Validity Finance – the company founded by Ralph Sutton, who helped launch the US subsidiary of IMF Bentham – has poached two Bentham professionals….
American Tort Reform Association Calls Out Wall Street Investment into Litigation Funding
The American Tort Reform Association (ATRA) has posted its annual list of ‘judicial hellholes’ and NYC ranked third on the list overall, but first in cities. Only two states – Florida and California, were ranked higher. One reason for The Big Apple’s high ‘hellhole’ ranking? Wall Street’s involvement in the litigation funding sector….
Litigation Funder Declines New Cases
UK-based Calunius has announced that its latest fund has completed deployment, and that the funder will not be accepting new cases for the time being….
