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Apex Litigation Finance Appoints Gabriel Olearnik as Head of Legal

By John Freund |
August 28, 2025

Apex Litigation Finance Appoints Gabriel Olearnik as Head of Legal

Apex Litigation Finance has strengthened its leadership team with the appointment of Gabriel Olearnik, a highly experienced litigation funding professional with a global track record in high-value dispute resolution and complex commercial matters.

Over the past five years, Gabriel has originated and reviewed more than 451 litigation funding cases worldwide with an aggregate value exceeding $116 billion, closing deals worth over $700 million. His recent work includes the successful settlement of a high-profile BIT matter as well as executive employment claims in the UK.

Gabriel’s career spans senior roles in UK, US and European litigation funders, where he was instrumental in structuring high-value transactions, securing strategic court orders and conducting multi-jurisdictional investigations. In 2023, he closed a £268 million litigation funding deal in just three weeks, underscoring his ability to deliver results under tight timelines.

Recognised by Lexology as one of only 66 lawyers worldwide to receive the Thought Leaders in Third Party Funding accolade, Gabriel has been involved in matters that have attracted daily media coverage and required innovative dispute strategies. His experience extends to training legal teams, advising on politically sensitive disputes, and executing complex enforcement actions.

“Gabriel brings exceptional global experience, deep sector knowledge, and a proven ability to deliver in high-stakes environments,” said Maurice Power, CEO of Apex Litigation Finance. “His appointment further enhances Apex’s market position and it’s ability to originate, evaluate and fund complex commercial claims for our clients.”

“I am delighted to join Maurice and the team at Apex,” said Gabriel. “Apex’s strong financial backing and their speed of execution make this a natural alignment. I look forward to building on the strong foundation set out by my predecessor, Stephen Allinson, and contributing to the future success of the business.”

Gabriel’s appointment reflects Apex’s ongoing growth in funding small to mid-sized UK commercial disputes and builds on the company’s commitment to delivering fast, fair, and competitive non-recourse litigation funding solutions to claimant’s who may be prohibited from pursuing meritorious cases due to cost and/or financial risk.

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John Freund

John Freund

Commercial

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Commercial

Private Equity and Litigation Funders Build Out MSO Pipeline into U.S. Personal Injury Law Firms

By John Freund |

Private equity firms — and a growing number of established litigation funders — are accelerating their push into U.S. personal injury law firms through management services organizations, a structure that lets outside capital share in firm economics without running afoul of state rules against non-lawyer ownership of legal practices.

As reported by Bloomberg Law, Apollo Global Management, Fortress Investment Group, and Stifel Financial Corp. are all actively eyeing the space, with Fortress reportedly behind a $125 million investment into Rafi Law Group. Louisiana's Dudley DeBosier has launched a PE-sponsored MSO that has already acquired a second firm, and Holland & Knight is advising the Amaro Law Firm on an MSO-routed capital infusion expected to close by year-end.

Litigation finance players are squarely in the mix. Mass tort funder Certum Group has acquired an MSO partnered with Dallas trial firm Sbaiti & Co., and Burford Capital has expressed interest in U.S. law firm investments through similar vehicles. Advisory firm Samson Partners Group closed 10 MSO deals in 2025 and is working on roughly 20 in 2026, the bulk of them in personal injury, while Tierra Capital Partners is fundraising a $100–125 million co-investment fund dedicated to the structure.

The MSO route — typically handling IT, marketing, intake, and back-office functions — gives funders and PE sponsors economic exposure to plaintiff-side caseflow that has historically only been accessible through case-by-case advances or portfolio facilities.

Commercial

Loopa Finance Backs Nearly 300 Chilean Families in $18 Million Villa Panamericana Construction Defects Suit

By John Freund |

Latin America–focused litigation funder Loopa Finance has announced that it will fund a civil action filed by nearly 300 apartment owners at the Villa Panamericana housing complex in Cerrillos, Santiago, against the developers and contractors behind the project. The claim, brought before Santiago's 10th Civil Court, exceeds $18 million in aggregate damages.

According to a Loopa Finance announcement, the suit is led by Nicolás Vassallo, partner at Chilean firm Abogabir Miranda, and targets Inmobiliaria Parque Cerrillos SpA, Empresa Constructora DLP S.A., Ameris Capital S.A., and related investment entities. Plaintiffs are seeking roughly $11 million in direct damages and temporary housing costs, nearly $7 million in moral damages, and additional compensation equal to 10% of each unit's purchase price to capture lost property value.

Villa Panamericana's Lot B comprises 17 buildings and 1,355 apartments originally built to house athletes at the 2023 Pan American and Parapan American Games, before being allocated to lower-income families through government housing subsidies and the Teletón program. Residents have reported water leaks, structural cracks, and serious electrical, plumbing, gas, and elevator failures, with preliminary expert reports citing violations of Chile's General Urban Planning and Construction Law.

"Access to justice should not depend on the affected families' financial resources," said Federico Muradas, Loopa's head of legal. Loopa's funding will cover legal and technical costs of the proceedings on a non-recourse basis, in what stands as one of the larger consumer-tied construction defect actions yet financed in Latin America.

Commercial

Merricks Urges UK Court to Reject Innsworth’s Challenge Over £200M Mastercard Settlement Distribution

By John Freund |

The class representative in the Merricks v Mastercard collective claim has urged a London court to reject litigation funder Innsworth Advisors' judicial review of the £200 million settlement distribution, in what observers describe as the first substantive test of a Competition Appeal Tribunal settlement decision.

As reported by Law360, Walter Merricks's legal team told the High Court on Wednesday that Innsworth has already received an adequate return from the CAT-approved settlement and that its challenge should be dismissed. Innsworth argued earlier in the week that the distribution scheme is "illogical" and "flawed," contending that the tribunal failed to properly assess the funder's recovery.

The CAT had divided the settlement into three pots. Pot 1, totalling £100 million, is ring-fenced for class members. Pot 2, approximately £45 million, covers Innsworth's litigation costs. Pot 3, approximately £55 million, allocates roughly £23 million to Innsworth as the profit element of its return, bringing its total recovery to around £68 million. Innsworth contends that this amounts to only a 0.5x return on more than £45 million invested, and disputes the methodology used to set the figure.

The case has drawn close attention from the UK funding sector. A judicial review of a CAT-sanctioned distribution could establish important parameters around how courts assess funder returns in collective proceedings, particularly at a moment when the tribunal has signaled heightened scrutiny of certification and take-up in entrepreneurial class actions.