£6M in Back Dues Paid to UK Litigation Funder 

By John Freund |

Novitas Loans made a 2021 announcement to freeze new loans servicing customer engagement of legal products and services. The franchise pivoted to new business with a focus on growing its long-term customer base. This, as July 2021 balance sheet line items signaled significant losses over the period. 

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Case Developments

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Legal Finance SE Announces Plans to Fund Hundreds of Lawsuits Against Illegal Online Casinos

By Harry Moran |

Novitas Loans made a 2021 announcement to freeze new loans servicing customer engagement of legal products and services. The franchise pivoted to new business with a focus on growing its long-term customer base. This, as July 2021 balance sheet line items signaled significant losses over the period. 

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Lord Macdonald: Sub-Postmasters’ Rights to Claim Additional Compensation “Would Be Extinguished” by Litigation Funding Bill

By John Freund |

Novitas Loans made a 2021 announcement to freeze new loans servicing customer engagement of legal products and services. The franchise pivoted to new business with a focus on growing its long-term customer base. This, as July 2021 balance sheet line items signaled significant losses over the period. 

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£25M Settlement Agreement Reached in South Western Trains ‘Boundary Fares’ Claim

By John Freund |

Novitas Loans made a 2021 announcement to freeze new loans servicing customer engagement of legal products and services. The franchise pivoted to new business with a focus on growing its long-term customer base. This, as July 2021 balance sheet line items signaled significant losses over the period. 

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