Category Archives: Announcement

SimpleLegal Launches “Legal Requests” to Modernize Matter Intake Process for Corporate Counsel

MOUNTAIN VIEW, Calif.April 19, 2018 /PRNewswire/ — SimpleLegal – a modern legal operations platform offering e-Billing, matter management and legal spend analytics software – today announced the launch of its new Legal Requests offering to help organizations and in-house legal teams understand the “why” behind their legal spend and improve communication throughout all departments around legal needs. This offering supports the company’s mission of delivering simple, transparent and turnkey solutions for legal teams of all sizes. SimpleLegal customers include many of today’s blue-chip and Fortune 500 brands, such as, Change Healthcare, PopSockets, Splunk and Spotify.

Bentham IMF Welcomes Geoff Moysa

Bentham IMF has hired a second Investment Manager in its Toronto office as it continues to pioneer the commercial litigation funding industry in Canada. Geoff Moysa, a partner in the litigation and dispute resolution group of McMillan LLP in Toronto, joined the company this month as Investment Manager and Legal Counsel. Geoff is the fourth lawyer from a leading Canadian firm who has joined Bentham IMF since it became the first global commercial litigation funder to enter the Canadian market in 2016. His hiring follows those of Naomi Loewith, a litigator from Lenczner Slaght LLP, who became the company’s first Investment Manager in Canada; Nickolas Tzoulas, a litigator from Blake, Cassels & Graydon LLP, who joined as Legal Counsel; and most recently George Hendy, formerly head of litigation at Osler, Hoskin & Harcourt LLP in Montreal, who joined as Senior Advisor – Quebec.

YieldStreet Reaches Milestone with Over $317 Million Invested by Retail Investors as Company Growth Accelerates

NEW YORK–(BUSINESS WIRE)–YieldStreet, the alternative investment platform striving to change the way wealth is created, today announced strong company growth to close out Q1 2018, including:

  • Over $317M invested by retail investors since inception in 2015. This represents a year over year (YOY) increase of 203%.
  • Over 163K individual principal and interest payments made to investors, totaling over $117M.
  • 91 offerings have launched to date, 17 have fully matured.
  • One of the most recent YieldStreet investment offerings sold out in 7 seconds.
  • New record raise of more than $671K invested per second on the YieldStreet platform.*

Great American Insurance Company and RPX Announce Relationship

CINCINNATI–(BUSINESS WIRE)–Great American Insurance Company and RPX Insurance Services, LLC (RPXIS), a wholly owned subsidiary of RPX Corporation (NASDAQ: RPXC), today jointly announced that they have entered into a limited binding authority agreement. Under the terms of the agreement, RPX Insurance Services will underwrite and issue policies on behalf of Great American E & S Insurance Company. Great American E & S Insurance Company holds an A+ (superior) rating from A.M. Best, last affirmed August 17, 2017.

LCM Explores Funding in Arbitration at ICCA Congress

Australian litigation financier Litigation Capital Management (LCM) is hosting a roundtable around the 2018 ICCA Congress in Sydney, coinciding with the release of the Final Report from the Task Force on Third-Party Funding in International Arbitration.

New Study Finds Patient Care Improved when Hospital Physicians Received Immunity from Malpractice Suits

MIAMI–(BUSINESS WIRE)–Adverse medical events declined when physicians received immunity from malpractice lawsuits at a large Miami teaching hospital, according to a study published in the latest issue of Health Management, Policy and Innovation (HMPI).

Prime Meridian Capital Management Announces New Fund Launch: The Prime Meridian Special Opportunities Fund

Prime Meridian Capital Management (PMCM) a Registered Investment Advisor (RIA) specializing in marketplace lending strategies across three alternative credit verticals in four funds, today introduced the Special Opportunities Fund.