Author Archives: John Freund
Legal-Bay Lawsuit Funding Focusing On Wrongful Termination Cases
NEW YORK, Nov. 7, 2019 /PRNewswire/ — Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports today that they are focusing a large portion of their pre-settlement cash advance funding capital toward victims of wrongful termination due to racial, gender, or age-related discrimination. With the many payouts plaintiffs have received from the most recent court cases, Legal-Bay anticipates even more wrongful termination lawsuit filings to come.
Ruth Stackpool-Moore joins IMF Bentham and Omni Bridgeway Asia team
SINGAPORE (11 NOVEMBER 2019) IMF Bentham Limited (ASX:IMF) is delighted to announce that on Monday, 4 November 2019, Ms Ruth Stackpool-Moore joined our expanding global team as Investment Manager, based in our Singapore office.
Hausfeld Launches London Forex Class Action
Global law firm Hasufeld has decided to launch a claim against a bevy of banks alleging anti-competitive behavior in the London Forex market. Law firm Scott & Scott is already bringing a claim – that one fund by Therium Capital Management. Thus a battle will take place for who gets control of the representative action.
Parabellum Appoints Jiamie Chen as Director of Investment Initiatives
Parabellum Capital LLC (“Parabellum”), a leader in commercial litigation finance, today announced the appointment of Jiamie Chen as Director of Investment Initiatives, a newly created position that strengthens the firm’s origination and underwriting of new investment relationships in strategically significant sectors. She will be based in San Francisco.
Legal-Bay Settlement Funding Announces Extended Filing Deadline For Victims Of Sexual Abuse
JERSEY CITY, N.J., Nov. 6, 2019 /PRNewswire/ — Legal-Bay LLC, The Lawsuit Pre Settlement Funding Company, reports a win for the victims of child sexual abuse at the hands of clergy members. After years of fighting, Governor Phil Murphy signed a law that offers victims of abuse the ability to sue their abusers up until they turn 55, or within seven years of their realization that the abuse caused them harm.
West Virginia Basically Outlaws Consumer Legal Funding
After the state of West Virginia amended article 6N of its Consumer Credit and Protection Act this past summer, the litigation funding industry has essentially been prevented from operating in the state. And that’s exactly what industry opponents were hoping for.
U.S. Hedge Fund Takes £100MM Stake in Burford Capital
A U.S. hedge fund has taken a 5.2% stake in Burford Capital – investing £100MM into the world’s largest litigation funder – which places the fund squarely at odds with Muddy Waters, the investment firm that publicly shorted (and continues to short) Burford.
U.S. Claims Makes Further Inroads into $250B Market
DELRAY BEACH, Fla., Nov. 5, 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 that U.S. Claims has closed on yet another private placement transaction. This marks the company’s second litigation advance backed transaction of the year and DRB Financial’s fourth term securitization transaction involving this asset class overall. It primes U.S. Claims to continue its run of impressive growth.
Bloomberg Surveys Challenges and Opportunities in Litigation Funding Market
As we turn the corner into 2020, Bloomberg Law analyzes the results of its own Litigation Finance Survey to account for the challenges and opportunities facing the industry at this pivotal moment.
Therium Access announces second round of grant awards to improve access to justice in the UK
Therium Group Holdings Limited, one of the world’s leading providers of litigation, arbitration and specialty legal finance, today announced the second recipients of grant awards by Therium Access, the firm’s not-for-profit arm dedicated to facilitating access to justice.
