Tag Archives: LegalPay
LEGALPAY LAUNCHES USD 3 MILLION FUND TO FACILITATE SPORTS DISPUTE RESOLUTION INDIA
LegalPay, India’s first and largest litigation financier, is breaking into the world of sports law disputes. In a first, the company has announced the launch of a $3 million fund for sports disputes with a focus on supporting the rights of athletes in India while also addressing disputes pertaining to broadcasting rights, endorsement & advertising aiming to boost the sports industry. With a tenure of four years, the sports focused fund has no limit on the ticket size.
LegalPay launches Contract Defense, a free service protecting businesses from disputes arising through BNPL
LegalPay, India’s first and largest litigation funder and interim financier, has launched a feature that protects businesses against disputes arising from contracts paid for using its BNPL product.
Litigation Funder LegalPay Launches Super-Senior Bonds for HNIs Worth ₹ 50 crores
LegalPay, India’s first tech-based interim financier and litigation funder for commercial litigations and arbitrations, has launched Super Senior investment-grade rated bonds worth ₹ 50 Crores for High Net-worth Indi
Systemic Issues May Slow Growth of Litigation Funding in India
Outside of the main established markets for litigation finance, there has been much discussion around which jurisdiction will be the next to see a dramatic uptick in the adoption of third-party funding. Whilst the Indian market is often regarded as one with a high probability for expansion due to the size and potential scope for…
LegalPay announces the exit of its First Litigation Financing SPV, generating more than 27% returns
LegalPay, India’s largest legal financier, has announced the exit of its commercial litigation financing SPV (Special Purpose Vehicle), delivering 27% IRR over a tenure of less than 2 years. LegalPay currently manages INR 2,500 crores in claims under management and looks to add additional INR 5,000 crores in calendar year 2023.
LegalPay CEO Talks Opportunities and Challenges for Litigation Funding in India
As the global litigation funding market continues to grow, investors are looking to emerging markets and jurisdictions with a high potential for growth in the uptake of third-party funding. Looking forward to the year ahead, the CEO of India’s leading litigation funder has offered his perspective on the nuances of the Indian market for potential…
LegalPay Announces Joint Venture with Goldi Solar Group
Despite being viewed as a less prominent market in the global scope of litigation funding, India continues to experience a regular cadence of legal finance activity. This is in large part due to the presence of LegalPay, the country’s leading funder, which once again made headlines with the announcement of its joint venture with Goldi…
LegalPay Launches New Bond Targeted at Retail Investors
Established litigation funders play an important role in leveling the balance of power in the legal system for those plaintiffs who lack the capital to see their case through to completion. However, India’s leading litigation funder is now looking to rebalance the scales for retail investors, offering a new product to their customers that will…
LegalPay Seeks to Boost Legal Innovation Through New Fund
Litigation funding has been a powerful tool for widening access to justice and driving innovation in the legal sector, and technological evolution continues to provide ongoing sector optimization. Seeking to enable this kind of evolution, one major industry player is setting up a fund to boost technological development for the legal sector….
Leading Indian Funder Promotes Utility of Litigation Finance for Homebuyers
Recent regulatory developments by the Insolvency and Bankruptcy Board of India (IBBI) have altered the legal status of homebuyers, to now be counted as ‘financial creditors’. As a result, those purchasing homes can go to the National Company Law Tribunal (NCLT) to seek resolution of any disputes with sellers or builders, opening a new avenue…
