Legal-Bay Lawsuit Funding Focusing On Wrongful Termination Cases

NEW YORKNov. 7, 2019 /PRNewswire/ — Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports today that they are focusing a large portion of their pre-settlement cash advance funding capital toward victims of wrongful termination due to racial, gender, or age-related discrimination. With the many payouts plaintiffs have received from the most recent court cases, Legal-Bay anticipates even more wrongful termination lawsuit filings to come.

Legal-Bay provides financial assistance to people who have recently found themselves unemployed, and can provide cash advances to plaintiffs while their cases are tied up in litigation. These pre settlement funds can assist people dealing with lost pay, lost benefits, emotional stress, punitive damages, and legal fees.

Chris Janish, CEO, commented on the company’s focus of assisting plaintiffs in similar situations, “If the recent increase in applications is to be used as an indication, we can safely surmise that the number of wrongful termination lawsuits is on the rise. While the situation is frustrating and stressful for those who may have found themselves unjustly dismissed from their jobs, Legal-Bay is committed to helping these out-of-work individuals as they fight their cases.”

If you are actively engaged in a lawsuit as a result of wrongful termination, please visit the company’s website at http://lawsuitssettlementfunding.com for more information on how Legal-Bay can help you during this difficult time. Legal-Bay also helps victims involved in commercial litigation and verdict or judgment on appeal cases, as well as cases that result in personal injury.

Legal-Bay’s programs are non-recourse lawsuit cash advances, also known as case funding, which means you only repay the settlement advance if you win your case. None of the programs should be considered to be a lawsuit loan, lawsuit loans, settlement loans, settlement loan, pre settlement loans, pre-settlement loans, pre settlement loan or a pre-settlement loan.

If you require an immediate cash advance or need help with finding a lawyer or law firm that specializes in wrongful termination cases, please go to the company’s website: http://lawsuitssettlementfunding.com to fill out a preliminary application, or feel free to call Legal-Bay on its toll-free hotline at: 877.571.0405, where live agents are available to answer your questions.

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Litigation Finance Giant Nera Capital Makes High-Profile General Counsel Appointment

By Harry Moran |

Litigation finance leader, Nera Capital, has reinforced its executive team with the appointment of legal heavyweight James Benson as General Counsel, marking a significant milestone in the firm’s expansion.

Benson, an Oxford-educated solicitor with a formidable track record in banking and financial law, brings decades of expertise to the role. 

His career includes key positions at Gately PLC and most recently, Handelsbanken, where he served as Head of Legal, shaping complex financial strategies and high-stakes legal frameworks.

James said: "Joining Nera Capital is an incredible opportunity, and I look forward to leveraging my experience to drive innovation and deliver impactful solutions for our clients.

"In my profession, I’ve seen firsthand how strategic legal funding can unlock access to justice. At Nera Capital, I’m excited to play a key role in making that happen on a larger scale.

"Litigation finance is more than numbers - it’s about people, access to justice, and creating opportunities where they’re needed most. I am excited to bring my expertise to Nera Capital and work alongside a team that shares this vision.”

He continued: "Nera Capital stands at the forefront of the sector, and I’m honoured to be part of such a dynamic team. Together, we will continue to set new standards in the industry."

During his career, James has become an expert in navigating financial services, developing tailored specialisms including loan arrangements, deal structuring, fixed and floating security and intercreditor agreements.

The new hire is the latest in a series of milestones for Nera, who last month surpassed $100 million in investor returns within 28 months, thereby firmly establishing itself as a leading light in the legal finance sector. 

The company has numerous other legal and financial successes under its belt, including funding a plethora of highly successful cases across the globe.

Director of Nera Capital Aisling Byrne highlighted that she was pleased and honoured to welcome James to the management team.

“James’ depth of experience in both legal and financial services makes him an invaluable addition to our leadership team as we continue to drive innovation in litigation finance,” she said.

34% of Americans Trust ChatGPT Over Human Experts, But Not for Legal or Medical Advice

By Harry Moran |

A newly released study from Express Legal Funding, conducted with the help of SurveyMonkey, reveals that while 34% of Americans say they trust ChatGPT more than human experts, the majority still draw a hard line when it comes to using generative AI for serious matters like legal or medical advice. The findings highlight a growing national tension between fascination with artificial intelligence and fear of misusing it for high-stakes decisions.

Key Findings from the ChatGPT Trust Survey:

  • 60% of U.S. adults have used ChatGPT to seek advice or information—signaling widespread awareness and early adoption.
  • Of those who used it, 70% said the advice was helpful, suggesting that users generally find value in the chatbot's responses.
  • The most trusted use cases for ChatGPT are:
    • Career advice
    • Educational support
    • Product recommendations
  • The least trusted use cases are:
    • Legal advice
    • Medical advice
  • 34% of respondents say they trust ChatGPT more than a human expert in at least one area.
  • Despite its growing popularity, only 11.1% believe ChatGPT will improve their personal financial situation.
  • Younger adults (ages 18–29) and Android and iPhone users report significantly higher trust in ChatGPT compared to older generations and Desktop (Mac/Windows) users.
  • Older adults and high-income earners remain the most skeptical about ChatGPT's reliability and societal role.
  • When asked about the broader implications of AI, only 14.1% of respondents strongly agree that ChatGPT will benefit humanity.

Expert Insight:

"This study highlights how many Americans are navigating the fast-growing influence of generative AI and natural language processing agents in their daily lives and that ChatGPT is far from being just a fringe use tool," said Aaron Winston, PhD, Strategy Director at Express Legal Funding and lead author of the report. "Most people are open to using ChatGPT for advice—and over a third even say they trust it more than a human expert. But when it comes to high-stakes decisions involving legal, financial, or medical matters, most still prefer real-world professionals. It's a sign that while AI is gaining ground quickly, trust is still tied to context."

Why It Matters:

As AI tools like ChatGPT become more integrated into everyday life, understanding where people draw the line between curiosity and trust is critical. This distinction helps reveal not only how Americans are using AI today but also where they're still relying on human expertise for reassurance and accuracy.

About Express Legal Funding:

Express Legal Funding is a leading pre-settlement funding company headquartered in Plano, Texas, serving plaintiffs nationwide. Recognized for its commitment to ethical funding practices and consumer advocacy, the firm provides non-recourse financial support to individuals involved in personal injury and civil lawsuits—helping clients cover essential living expenses while their legal claims move forward. Beyond funding, Express Legal Funding is a trusted voice in the legal tech and finance space, publishing original research and data-driven insights that inform public discourse and guide industry best practices.

Manolete Partners Announces New Revolving Credit Facility with HSBC Bank

By Harry Moran |

Manolete Partners Plc (AIM:MANO), the leading UK-listed insolvency litigation financing company, is pleased to announce it has signed a new Revolving Credit Facility ("RCF") with its existing provider, HSBC UK Bank Plc ( "HSBC"). 

The new RCF provides Manolete with the same level of facility as the previous arrangement, at £17.5m. However, the margin charged to Manolete by HSBC on the new RCF is at a reduced rate of 4.0% (previously 4.7%) over the Sterling Overnight Index Average (SONIA) and has a reduced non-utilisation fee, from 1.88% to 1.40%. 

The new RCF is a 3.25-year facility with an initial maturity of 27 June 2028. Manolete has the option to further extend the facility on its current terms by an additional year. 

The covenants remain unchanged except for the Asset Cover covenant which has been relaxed for the next six months. 

Steven Cooklin, CEO commented: "We are delighted to have secured a new long-term commitment to the business from HSBC, which is testament to the strong partnership we have established since 2018. The improved terms of the facility demonstrate confidence in the Manolete business." 

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").