Seth Lovis Struck from Rolls After Double Funding Discovered

Seth Lovis, former managing director of Seth Lovis & Co, has been struck after admitting to failing to meet his obligations to various lenders. An investigation by the SRA determined that the personal injury lawyer accepted funding from multiple lenders for the same case more than a dozen times.

Law Gazette reports that Lovis’s attorney argued that this was not a premeditated plan to cheat lenders. Rather, it was ‘a mistake’ made in an effort to save his troubled firm.

Lovis is described as having treated litigation funding as a line of credit. In addition to being struck from the roll of trusted attorneys, he’s been ordered to pay GBP 35,000 in costs.

Seth Lovis, former managing director of Seth Lovis & Co, has been struck after admitting to failing to meet his obligations to various lenders. An investigation by the SRA determined that the personal injury lawyer accepted funding from multiple lenders for the same case more than a dozen times.

Law Gazette reports that Lovis’s attorney argued that this was not a premeditated plan to cheat lenders. Rather, it was ‘a mistake’ made in an effort to save his troubled firm.

Lovis is described as having treated litigation funding as a line of credit. In addition to being struck from the roll of trusted attorneys, he’s been ordered to pay GBP 35,000 in costs.