Category Archives: Announcement

Baker Street Funding Secures $30 Million for New Attorney Focused Fund

NEW YORK, NY / ACCESSWIRE / September 23, 2019 / A leading pre-settlement funding provider, Baker Street Funding LLC, announced today the closing of a series A round of investment into their Attorney Funding Division. Founded in 2018, Baker Street Funding has quickly become a rising star in the legal funding space and their core business model is to provide plaintiffs with much needed liquidity while their case is awaiting settlement. The newly named Attorney Funding Division will provide Attorney Funding to law practitioners across the country.

Westfleet Advisors Adds Federal Prosecutor and Litigation Finance Veteran To Growing Executive Team

NASHVILLE, October 10, 2019—Westfleet Advisors, the leading U.S. litigation finance advisory firm, announced today that it has expanded its executive team with the additions of Barry Kamar and Michael Perich, both as Vice President and Legal Counsel. Mr. Kamar was most recently an Assistant United States Attorney (AUSA) in New Jersey. Mr. Perich joins Westfleet from AmLaw 200 law firm, Ice Miller.

NYU Center on Civil Justice Hosting Litigation Finance Conference

The Center on Civil Justice recently launched its Dispute Financing Library, a free, neutral repository of documents relating to the third-party litigation funding industry.  It is online at www.DisputeFinancingLibrary.org.

Frances Coats joins Augusta as General Counsel

London 10th October 2019, Augusta today announces the appointment of Frances Coats as General Counsel, based in London.

Debut Of Litigation Finance Firm BlueWhite Legal Capital Marks Latest Jules Kroll Venture, Leveraging Decades Of Legal And Business Success

NEW YORKOct. 7, 2019 /PRNewswire/ — BlueWhite Legal Capital (“BlueWhite” or “the Company”), a privately-held litigation finance firm led by Jules KrollAaron RubinsteinEarl Doppelt, and Jack Blackburn – all prominent business, legal and finance professionals – today announced its official company launch.

Financial Poise™ Announces “Ethical Problems Associated with Paying for Litigation,” a New Webinar Premiering October 16th at 1:00 PM CST through West LegalEdcenter™

Bryant Park Capital Arranges $104.5 Million in Capital for Legis Finance

NEW YORK, NY / ACCESSWIRE / September 23, 2019 / Bryant Park Capital (“BPC”), a leading middle market investment bank, announced today that Legis Finance Ltd. (“Legis” or the “Company”) recently closed on a $104.5 million capital raise transaction with a global investment management firm. This financing adds to its current insurance and merchant banking capacity, and gives the Company a long-term capital partner to finance operations and originations.

Modeso LLC Announces New Senior Credit Facility

KATONAH, NY / ACCESSWIRE / October 1, 2019 / Modeso LLC dba RapidFunds (“RapidFunds” or the “Company”) announced today that it has closed on a $70 million term loan facility, consisting of a $40 million delayed draw term loan and $30 million accordion feature, with a multi-billion dollar institutional investment firm. This financing provides the Company a long-term capital partner to enable RapidFunds to grow its business and expand its network of law firm relationships.

The Association of Litigation Funders of England and Wales appoints Susan Dunn as Chair

London 2 October 2019: The Association of Litigation Funders of England & Wales (“the ALF”) today announced the appointment of Susan Dunn as Chair at the ALF’s Annual General Meeting. Susan Dunn currently serves as a Director of the ALF and succeeds Leslie Perrin, following his expression of a desire to stand down this year after serving as Chair for almost 8 years.

Multi Funding USA Earns NMLS Certification

Woodstock, NY—September 24, 2019 — Multi Funding USA, a leading pre-settlement funding provider serving law firms and attorneys, announced that it has received NMLS  (Nationwide Mortgage Licensing System and Registry) certification, indicating that the company has the financial resources and security protocols to satisfy the needs of lawyers and plaintiffs. Applying for NMLS certification is completely voluntary. Only a select group of litigation finance providers have applied and received NMLS designation.