Category Archives: Announcement
Palisade Insurance Partners Expands Senior Leadership Team
Palisade Insurance Partners, LLC (“Palisade” or the “Company”), a specialty managing general underwriter (“MGU”), today announced the appointments of two seasoned industry executives across its business geography. Scott Stevenson has joined Palisade Insurance Partners LLC in New York as Head of US Risk, from Aon Special Opportunities Group where he served as Senior Vice President. Mark de la Haye has joined Palisade Risk Solutions Ltd in London as Head of UK and Europe Risk, from Augusta Ventures Limited, where he served as Head of Resolutions.
Community Fintech 11Onze Enters Litigation Funding for Housing Claims
On the back of its successful launch of 11Onze Recommends, Europe’s leading community fintech has added housing litigation to enhance its funding offer. 11Onze has also lowered the entry requirement for the product to € 10,000 (from € 25,000) to widen its access to more members. The housing claims are for housing disrepair, especially social housing disrepair.
Mishcon de Reya Announces Opt-In Claim Against OneCoin Cryptocurrency Scheme
At the European Litigation Funding Conference in March of this year, it was notable that one of the first panels of the event focused on the potential growth of litigation targeting cryptocurrency companies that have allegedly defrauded customers. Whilst it is still uncertain how viable these claims can be, given the difficulties around the valuation of the underlying assets, the announcement of a new claim being brought in the UK suggests that the appetite for these lawsuits is still present.
Equine Capital Solutions LLC Selects DealBridge.Ai’s DRM Solution to Revolutionize Litigation Finance
DealBridge.ai, the first Deal Relationship Management (DRM) platform, is proud to announce its strategic partnership with Equine Capital Solutions LLC (ECS) to transform the complexities of Litigation Finance. ECS, a prominent provider of specialty finance solutions, has chosen DealBridge.ai’s DRM solution as the central technology to modernize its business, incorporating the platform into every aspect of their client, deal, and operational needs.
New research shows GCs seek greater value from legal claims and judgments
Burford Capital, the leading global finance and asset management firm focused on law, today releases new independent research that reveals how businesses are finding solutions to extract greater value from legal claims and judgments, based on a survey of 350 GCs, heads of litigation and senior in-house lawyers in the US, Europe, Asia, Australia and the Middle East.
Burford Capital Reports First Half and Second Quarter 2023 Financial Results; Strongest Set of Six-Month Financial Results in Burford’s History
Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and six months ended June 30, 2023.1 Burford’s report on Form 6-K at and for the three and six months ended June 30, 2023, including unaudited condensed consolidated financial statements (the “2Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.
Certum Group Adds Experienced Litigation Funder, Former U.S. Supreme Court Clerk William Marra as Director
Certum Group, which provides bespoke solutions for companies facing the uncertainty of litigation, has appointed William C. Marra as a director responsible for leading the company’s litigation finance strategy. Marra is a seasoned litigation funder and former U.S. Supreme Court clerk who will help Certum continue its mission of growing and redefining the litigation finance landscape.
Mill City Ventures III, Ltd. Extends Further Credit to Mustang Litigation Funding
Mill City Ventures III, Ltd. (“Mill City”) (NASDAQ:MCVT), a specialty short-term finance and non-bank lender, announced today that it extended an additional $1 million of short-term loan principal to Mustang Funding LLC d/b/a Mustang Litigation Funding (“Mustang”) and refinanced and extended earlier provided short-term loan principal.
Litigation Funder LegalPay Closes Rs 12 Crore Interim Financing Bond
LegalPay, India’s first and largest player in the legal financing industry, has announced the successful closure of its Rs 12 crore Interim Financing Bonds.
Funding Opportunity: 4 Rivers Seeks Funding for Breach of Contract Claim
Funding is required for a claim involving a concession held by a state-of-the-art industrial facility utilizing leading technologies to recycle used tires into rubber raw material, rubber compound, and value-added rubber end products. The concession agreement is between the plaintiff and a quasi-governmental entity in the GCC region. The claim is likely to be the subject of an ICC arbitration.
