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Announcements Commercial Deals

Angeion Group Expands Mass Tort Litigation Management Capabilities Through Merger with Case Works

By Harry Moran and 4 others |

Angeion Group (“Angeion”), the industry leader in end-to-end group litigation support, announced today its merger with Case Works, a premier provider of case data management solutions, including client engagement, medical record retrieval, medical review, and inventory analysis. Neutral, but never passive, this strategic integration of Case Works reinforces Angeion’s forward thinking approach to providing seamless tech-enabled support for complex litigation firms and leading law departments, with efficiency and precision.

The merger of Angeion and Case Works follows majority investments into both companies by private equity firm Renovus Capital Partners (“Renovus”) in 2024. Angeion also acquired bankruptcy administration solutions provider Donlin Recano in late 2024. Renovus worked alongside the companies’ founders and management teams to unify the businesses and deliver a seamless experience for clients and employees throughout the integration.

Case Works has earned a reputation of excellence by ensuring accuracy, completeness, and applicability of case data to support legal requirements. By combining their core capabilities with Angeion’s advanced technology and data-driven approach, this merger further solidifies Angeion’s position as the most trusted partner for navigating complex, high-stakes litigation and settlements.

Effective large-scale litigation and settlements rely on comprehensive, well-organized data and the ability to apply that data effectively within the context of a particular project. Combining Case Works’ proven excellence in capturing and managing critical case information with Angeion Group’s expertise in technology, process efficiency and claims management, provides a more structured, more transparent, and more effective approach to large-scale litigation and settlement management.

“Case Works brings deep expertise and a proven track record of supporting firms with large data and medical record retrieval needs. They are known for their dedication to precision, care and bedside manner,” said Steven Weisbrot, CEO of Angeion Group. “Together, we are raising the bar for what clients can expect—faster, more accurate processes and a commitment to white glove service.”

Angeion Group and Case Works share a common vision: to set the new standard for how large-scale litigation and group settlement support can combine technological efficiency with thoughtful human interaction. Both organizations are driven by a commitment to innovation, precision, and efficiency and are mindful that litigants should expect and receive compassion and respect throughout the group litigation process. This merger will elevate industry standards and ensure that all parties, their council, and the courts benefit from a more streamlined, thoughtful and effective process.

“We’re excited to join forces with Angeion Group,” said Susan Barfield, Founder of Case Works. “Their commitment to innovation and client service aligns perfectly with our own, and we look forward to delivering even greater value to the firms and clients we support.”

“We’re honored to have partnered with these leading companies, building upon our strong track record in tech-enabled legal services,” added Lee Minkoff, Managing Director at Renovus. “We’d also like to thank founders Steve Weisbrot and Susan Barfield for their leadership throughout this game changing merger for the group litigation support industry.”

Angeion remains steadfast in its mission to completely modernize and optimize complex litigation management to the benefit of all stakeholders.

About Case Works

Case Works is the leading provider of tech-enabled litigation support solutions to the country’s premier plaintiff law firms. Based in Austin, Texas, the Company was created with a single mission: To Help Lawyers Help People. Case Works provides a full suite of case management services including claims qualification, intake, medical records retrieval & review, case development, and ongoing plaintiff engagement.

About Angeion Group

Angeion Group is a leading provider of legal notice and settlement administration services, leveraging advanced technology, proven best practices, and expert consulting to manage class actions, mass torts, and collective redress administration. Recognized for its innovation, efficiency, and unwavering client commitment, Angeion Group continues to redefine industry standards.

Commercial Fundraising

Nicola Horlick Pauses Digital Bank Launch to Raise Funds for Motor Finance Claims

By Harry Moran and 4 others |

As LFJ covered last week, the group proceedings being brought against motor finance providers over commissions paid to dealers is attracting a significant amount of interest across the legal funding industry, with the possibility of lucrative settlements to come. 

An article in Financial News features an interview with investment fund manager Nicola Horlick, who discusses her focus on litigation funding for the high-profile motor finance claims in the UK. Horlick, founder and CEO of Money&Co, explained that her company is currently raising funds to lend to law firms that are working on the car finance commission claims. Speaking about the significance of these claims to the wider legal funding industry, Horlick argued that “this is the biggest thing that is likely to happen in litigation funding in the next 15 years.”

The emphasis placed on raising funds for these claims has caused Horlick to pause her plans to launch a digital bank in 2025, with the fund manager explaining that they “don’t have the bandwidth to do the fundraise for that and the bank”. Horlick went on to state that fundraising for the claims “has to be the priority”, and that in the time before these claims begin to reach settlements, “we need to help clients amass as many claims as possible.”

Commercial Legal Innovation

Ignite Specialty Risk Expands Litigation Insurance Offering to the EEA

By Harry Moran and 4 others |

As industry observers examine which jurisdictions are ripe for growth in terms of the adoption of litigation funding, there is just as much interest in markets with growing demand for litigation insurance products.

In a recent announcement, Ignite Specialty Risk revealed that the litigation risk insurer has expanded its service offering to include the European Economic Area (EEA). As part of this expansion, Ignite will be able to provide insurance products including After The Event (ATE), and single risk and portfolio Capital Protection Insurance (CPI) to customers in the EEA. 

The company highlighted that this move has been driven by the increased demand for litigation risk insurance in the EEA, following on from the European Union’s implementation of the Representative Actions Directive (RAD). Ignite’s Co-founder and Head of ATE, Jamie Molloy, expanded on this point and said that “the growing demand for specialist litigation insurance in the region reflects the increasing importance of accessible risk-transfer solutions.”

Byron Sumner, CEO and Co-founder of Ignite, provided the following comment on the launch of services to the EEA: “Building on our US expansion in 2024, we are thrilled to bring our innovative products to EEA-based insureds. Last year, US-based institutional financiers and law firms began using our products to facilitate meaningful risk transfer and improve access to justice. By entering the EEA, we aim to deliver customised solutions that address the unique challenges of cross-border disputes. This strategic step reinforces our commitment to empowering businesses and legal teams with the tools to manage litigation risks effectively.”

Announcements Commercial Deals

Moneypenny Unites Under One Brand as It Celebrates 25 Years of Excellence

By Harry Moran and 4 others |

Moneypenny, the world’s customer conversation expert, proudly marks 25 years of delivering exceptional service and innovation. As part of this milestone, Moneypenny is unifying all of its brands across the US, including VoiceNation, Alphapage, Sunshine Communication Services, and Choice Voice, under one internationally recognized name. 

This transition reinforces Moneypenny’s dedication to a clear and dynamic future for its clients and people while reflecting the values and passion that have driven its success. Started in 2000 after a pivotal missed phone call resulted in a missed business opportunity, Moneypenny has since delivered world-class customer conversations to thousands of global businesses. Over the past 10 years, Moneypenny has expanded its presence across the US, growing under the Moneypenny, VoiceNation, Alphapage, Sunshine Communication Services, andChoice Voicebrands. Now, all will operate under the beloved Moneypenny brand in its Atlanta and Miami offices, as well as virtually in hubs across the country. This unification enhances the ability to offer seamless customer communication solutions and strengthens Moneypenny’s position as the world’s customer conversation experts. 

“As we celebrate 25 years of service, we are excited to express more clearly and concisely our passion to those we serve. By bringing the best of all of our businesses together under one brand, we make it easier for businesses to see the full range of solutions we offer, while also enhancing opportunities for our people. This transition underscores Moneypenny’s commitment to excellence, innovation, and a unified global strategy.” said Richard Culberson, CEO of Moneypenny North America. 

"As a company proudly headquartered in Wrexham UK, a city with a rich history and a growing international profile, Moneypenny is proud to represent that same spirit of fellowship, excellence, and focus on what matters most, people,” said Jesper With-Fogstrup, Group CEO of Moneypenny. “Just as Wrexham soccer has captured hearts across the US, Wrexham’s own Moneypenny has captured hearts by connecting businesses, technology, and people on both sides of the pond. We couldn’t be more excited to have all our teams driven by this shared spirit."

To mark its silver anniversary, Moneypenny will celebrate with a throwback “year 2000” prom for its US teams – a tribute not only to Moneypenny’s remarkable quarter-century history, but also to a time before smartphones, live chat, and a global pandemic put companies on call 24-7. By embracing a unified brand, celebrating its legacy, and continuing to invest in its people and AI-driven solutions, Moneypenny is setting the stage for an even stronger future.

About Moneypenny

As the world’s customer conversation experts, Moneypenny’s unique blend of brilliant people and AI technology integrates seamlessly to deliver customer conversations that unlock valuable opportunities for businesses, 24/7. Available across all voice and text channels, Moneypenny responds to and fulfils requirements for thousands of UK and US clients who value their reputation and recognize that the key to sustainable growth is working with a partner who allows them to scale in an agile way. This year, Moneypenny proudly celebrates 25 years of service, having been named one of the “100 Best Companies to Work For” seven times and earning recognition as a Great Place To Work (GPTW). Moneypenny was also named as ‘Best Global Support’ in The Forbes Advisor - The Best Answering Services of 2024.

Case Developments Commercial

No Talks or Negotiations Between Argentina and Burford over $16B Award

By Harry Moran and 4 others |

The legal fight between Burford Capital and Argentina over the $16.1 billion award in the case brought by investors of the YPF oil and gas company has continued to demonstrate challenges when it comes to judgment enforcement and collection. Although there have been few development since Argentina filed its appeal against the US court’s ruling, a new insight with a key figure at the litigation funder has revealed that the Argentine government is not showing any signs of compromise. 

An article in the Buenos Aires Times provides new insights into the ongoing struggle for Burford Capital to collect on the $16.1 billion award in the YPF case, as Gerardo Mato, who was hired by the funder to act as a mediator with Argentina, has said that there have been no meetings with representatives from the Argentine government. The article provides a behind-the-scenes view of the fight to recover the award, citing quotes from an interview with Mato conducted at Bloomberg’s offices in Buenos Aires.

In the interview, Mato explained that whilst they had “contacted the authorities at the Economy Ministry and legal authorities”, there had been no form of reciprocal communication from Argentina. Mato stated that “there have been no talks for now with the government”, and as of this moment, “no type of negotiation has been established yet.” 

As for the funder’s strategy moving forward with efforts to open a productive dialogue with the Argentine government, Mato argued that “Burford isn’t in any rush on this issue” and that “the best tool that we have is patience.” Whilst all parties await the Appeals Court’s final ruling on Argentina’s appeal against the award, Mato argued that negotiating prior that decision would “benefit the government”. Instead, Mato suggested that if the court provides a favourable ruling to Burford, then Argentina will “have to pay the totality of the suit.” 

Commercial Regulatory Issues

Bill Introduced in Minnesota Legislature to Increase Restrictions on Litigation Funding

By Harry Moran and 4 others |

If previous years saw an increase in the amount of discussion and debate around the regulation of litigation funding in the United States, then 2025 has already proven to be the year when many states are moving forward with plans to introduce new rules governing the use of third-party funding.

An article on Red Lake Nation News covers the introduction of new legislation in the Minnesota legislature, with bills brought forward in both the House and Senate aiming to impose new restrictions on third-party litigation funding in the state. The Consumers in Crisis Protection Act, which was introduced in the Senate as SF 2929 and in the House as HF 2677, seeks to introduce new rules governing the use of both consumer and commercial litigation funding agreements in Minnesota court cases.

The current draft of the legislation, authored by Senator Judy Seeberger and Representative Bernie Perryman, includes a wide range of rules governing both the composition of funding agreements and the activities of funders within the state. Similar in content to legislation introduced in other states, the bill mandates the disclosure of litigation funding agreements to all parties involved in the lawsuit, and requires that litigation funders register with the state. 

The bill also tackles the issue of foreign states’ involvement in domestic litigation, as it prohibits litigation funders from “entering into a commercial litigation financing agreement with a foreign entity of concern or a foreign country or person of concern.” The legislation would also require funders to provide the state with annual report which would include: the number of lawsuits funded by the company and a summary of the amounts of funding provided.

Senator Seeberger provided the following comment on the bill: “As legislators, we are acutely aware of the challenges our constituents face, including the cost of insurance. This bill will help shine a light on the funding sources that are driving huge awards in civil lawsuits, something we all pay end up paying for in higher insurance premiums.”

The current version of the Consumers in Crisis Protection Act can be read on the Minnesota Legislature’s website.

Commercial People Moves

Patrick Dempsey Joins Certum Group as Director of Commercial Litigation Strategy

By Harry Moran and 4 others |

Certum Group, the first and only company in America providing both litigation finance and insurance solutions for companies facing the uncertainty of litigation, has added Patrick Dempsey as Director of Commercial Litigation Strategy.  Mr. Dempsey will oversee all facets of Certum’s commercial litigation business, including originating, structuring, and monitoring single-case financing products and portfolio solutions for law firms, corporates, and other litigants.  Mr. Dempsey will also help build out Certum’s consulting services for companies that are looking to invest in or value legal assets but may not have the requisite underwriting expertise. 

A veteran of the legal finance industry, Mr. Dempsey joins Certum from Burford Capital, where he served as a director responsible for originating new investments with law firms and corporates alike.  Prior to Burford, Mr. Dempsey served as the Chief Investment Officer of Therium Capital Management’s U.S. operations.  In private practice, Mr. Dempsey was a litigator at Hogan Lovells and Proskauer, where he regularly took cases through to trial and arbitral hearings across a broad number of industries.

“We are thrilled to have Patrick join our team,” said Joel Fineberg, Certum’s founder and managing director. “His extensive experience across multiple industries and complex commercial areas, along with his ability to build strong relationships with counterparties, will be a very valuable asset as we continue to innovate in the ever-evolving world of litigation funding.” 

“I am excited to join the fantastic team at Certum,” said Mr. Dempsey. “I believe the opportunity is substantial. With its full suite of funding solutions and insurance products, Certum is extremely well-positioned for this next phase of growth within the industry.  I’m looking forward to helping more clients figure out how Certum can help them achieve their litigation and business goals.”

Certum Group created the first and only litigation risk transfer platform that combines insurance, premium finance, and litigation funding to provide tailored solutions for companies, litigants, and law firms. Founded more than 10 years ago, the team is comprised of former litigators, judicial clerks, actuaries, and financial professionals who design risk transfer and funding solutions to meet legal, business, and financial objectives.

Mr. Dempsey earned his J.D. from Tulane University Law School and his B.S. from the University of New Orleans.

About Certum Group

Certum Group provides bespoke solutions for companies facing the uncertainty of litigation. We are the leader in providing comprehensive alternative litigation strategies, including class action settlement insurance, litigation buyout insurance, judgment preservation insurance, adverse judgment insurance, contingency fee insurance, capital protection insurance, litigation funding, and claim monetization. Our team of experienced former litigators, insurance professionals, and risk mitigation specialists helps companies remove the financial and operational volatility arising out of litigation by transferring the outcome risk. Learn more at www.certumgroup.com.

Commercial

AALF Welcomes RESOLVE Forensic as Newest Associate Member

By Harry Moran and 4 others |

The Association of Litigation Funders of Australia (AALF) announced it has welcomed RESOLVE Forensic as its newest Associate Member. With the addition of this new member, AALF now boasts a total of 21 Associate Members in addition to its eight Funder Members.

The announcement was made in a post on LinkedIn. RESOLVE Forensic is a specialist forensic accounting, business valuation and dispute consulting firm, providing their expertise to support law firms and clients in resolving commercial disputes. The company works across a wide range of sectors including construction and real estate, energy and climate, financial services, and retail. The company was founded in 2024 and is based out of Sydney, but provides services to clients across Australia and the Asia Pacific.

Hugo Loneragan, managing principal at RESOLVE Forensic, provided the following comment on the announcement

“Many thanks Pip Murphy and The Association of Litigation Funders of Australia, we are excited to join the association and are looking forward to working with other talented litigation and dispute professionals in what is shaping to be a busy year ahead!”

More information about RESOLVE Forensic can be found on its website. More details about AALF and its members can be found here.

Commercial Regulatory Issues

Barings Law Managing Director Explains Significance of Motor Finance Claim Ruling

By Harry Moran and 4 others |

The High Court’s ruling in Angel & Ors v Black Horse Ltd earlier this month, which permitted the motor finance claims to proceed on a single claim form, not only signaled a major victory for claimants seeking compensation, but also may prove to have a lasting impact on the future of these group claims.

In an interview with The Law Society Gazette, Craig Cooper, managing director of Barings Law, discusses the recent High Court ruling on the future of the motor finance commission claims. In the interview, Cooper explains the significance of this ruling not only for the motor finance claims but also for future group proceedings, and discusses the challenges raised by working on a claim that has such a high public profile and attracts a lot of media scrutiny.

On the High Court ruling, Cooper highlights that “by allowing these cases to proceed as eight omnibus actions, rather than requiring individual filings, the court has acknowledged the need for efficiency and fairness in addressing large-scale consumer grievances.” Cooper explains that this collective approach will allow consumers to seek justice “without the burden of navigating the legal process alone”, and as a milestone for future claims will underline “the courts’ willingness to streamline complex cases where common legal and factual issues exist.”

Given the high levels of media interest in the motor finance claims, Cooper recognises that Barings Law’s approach has had to “ensure clarity and accuracy in all communications, emphasising the significance of the ruling while maintaining a balanced and professional stance.” Acknowledging the importance of the wider conversation around these claims, Cooper says that “transparency and accessibility have been key in shaping the public narrative and reinforcing the broader implications of the judgment.”

Case Developments Commercial

Augusta Ventures Funding German Pesticide Cartel Class Action

By Harry Moran and 4 others |

Whilst funded class actions are most commonly seen in prominent legal funding markets such as the UK, US and Australia, we are increasingly seen large scale group claims being brought in European jurisdictions with the support of litigation funders.

An article in Handelsblatt covers one of the largest class action lawsuits brought in Europe, as Unilegion has filed a lawsuit in the Dortmund Regional Court seeking €200 million in damages over allegations of price fixing in the sale of pesticide by a cartel of agricultural wholesalers in Germany. The claim being brought against the ‘pesticide cartel’ is representing  over 3,2000 farmers, and follows a 2020 investigation by the Bundeskartellamt (Federal Cartel Office) which imposed €157 million in fines on eight wholesalers. 

The agricultural companies found to have been involved in this price-fixing between 1998 and March 2015 are: AGRAVIS Raiffeisen AG , Hanover/Münster AGRO Agrargroßhandel GmbH & Co. KG, BayWa AG, BSL Betriebsmittel Service Logistik GmbH & Co. KG, Getreide AG, Raiffeisen Waren GmbH, Raiffeisen Waren-Zentrale Rhein-Main eG, and ZG Raiffeisen eG.

The lawsuit is being supported by legal representation from the Hamburg office of Taylor Wessing, whilst third-party funding has been secured from Augusta Ventures. A similar class action lawsuit representing German farmers is being brought by Bäuerliche Geschädigtengemeinschaft (BGG), with funding in that case being provided by Transatlantis.

More information about the Pesticide Cartel case can be found on the Unilegion website.

Commercial Deals

JurisTrade Litigation Asset Marketplace Launches Phase 1 Rollout with over $70 Million in Litigation Funding Opportunities

By Harry Moran and 4 others |

The JurisTrade Platform soft-launched last week with over $70 million in litigation funding opportunities in single cases, funding mass tort dockets and law firm refinancing.

The JurisTrade Litigation Asset Marketplace (“JurisTrade’) provides a transparent electronic platform which facilitates both primary funding opportunities in litigation finance, as well secondary sales of such interests.

The potential market for litigation finance ranges in the several $100s billions, of which only $30 billion is currently funded. JurisTrade is designed to unlock this large unmet demand through its liquid and transparent marketplace.

The litigation finance ecosystem has been clamoring for years for this type of market solution. Similarly to many other major asset classes, JurisTrade was built on a foundation of industry standardization, transparency and process streamlining, which eliminates uncertainty and, thus, attracts liquidity for litigation finance, a bona fide uncorrelated asset class.

Clients of JurisTrade include institutions, law firms, litigation finance funds, and family offices.

JurisTrade’s Phase I rollout includes nine diverse investment opportunities including a high-profile single case, a judgment monetization case, a law firm debt refinancing case, and several mass action-related cases. An OTC service desk is being offered to assist our clients in negotiating terms and structuring all manners of trades and vehicles, among other things. Other market features, technology, and analytics will be offered soon.

Typhon Capital Management, Larry Hite, and two notable family offices are sponsors of JurisTrade, and JurisTrade will be leveraging their collective expertise and experience. Typhon, in particular, provides trading operations on JurisTrade. Clients can use JurisTrade to directly engage in claims trading, such as bankruptcy and mass tort, then leverage Typhon to invest in or create custom passive funds holding any manner of litigation interests or loans, and actively managed funds, such as thematic claim trading, market making, or activist litigations. Typhon can also structure insurance wrappers around litigation-focused investments.

The senior management team of JurisTrade includes James Koutoulas as CEO, Kevin J.P. O’Hara as Chairman, Shawn Hartpence as Chief Commercial Officer, and Andrew Barroway and Larry Hite as strategic limited partners.

"Mr. Koutoulas is a seasoned hedge fund manager and attorney with a unique skillset encompassing derivatives-trading, complex bankruptcy and class action litigation, and software development making him the perfect CEO to bring the emerging asset class of litigation assets to a wider audience. He and I share similar philosophies on structuring vehicles with asymmetric, positively-skewed, and uncorrelated return profiles which will be much appreciated in the litigation investing world," said Larry Hite, Founder of Hite Capital.

"Similarly, Mr. O'Hara's previous C-suite roles at NYSE, CBOT, Archipelago and Gulf Finance House, and as an attorney at the SEC and his financial markets development in Eastern Europe, provide JurisTrade with one of the most accomplished exchange experts to steer our growth."

"Larry Hite is a pioneer of two assets classes – commodity trading and litigation assets. Larry is an original 'Market Wizard' and we are humbled to have him as a founding partner and advisor to JurisTrade," said James Koutoulas, CEO of JurisTrade.

Please sign up to view our initial inventory and be kept up to date at www.juristrade.com.

About Larry Hite:

Larry Hite is a legendary commodities trader and one of the founders of systematic trading. Mr. Hite founded Mint Capital, which was the largest CTA in the world by AUM in 1990. He has since been an active investor in litigation assets where he has invested in thousands of cases.

About Typhon Capital Management:

Typhon Capital Management, led by CEO James Koutoulas, is a multi-strategy hedge fund and platform specializing in tactical futures, quantitative, and cryptocurrency trading. Typhon creates custom portfolios and structured products for institutional investors and wealth management firms and is headquartered in Miami Beach. Mr. Koutoulas also was lead customer counsel in the MF Global bankruptcy, leading the recovery of all $6.7 billion in customer assets.

About Kevin J.P. O'Hara:

Kevin J. P. O’Hara has a decades-long career in business, law and regulation, entrepreneurship, technology, international, investing, and post-graduate teaching. Mr. O’Hara is an active angel investor with several successful exits, including sales to LinkedIn, PayPal, and IQVIA. He has a plethora of private and public company board and governance experience.

He was previously: (1) a C-suite member at CBOT, NYSE, Archipelago, and Gulf Finance House (Bahrain); (2) an attorney at the SEC, DOJ, and a major Chicago law firm (products liability and mass tort defense)(3) a law and business school lecturer at Northwestern University and Loyola University; and (4) an in-county financial and economic advisor in Eastern Europe in 1990s.

About Shawn Hartpence:

Shawn Hartpence has over a decade of experience advising law firms, litigation fund managers and institutional investors on capital formation and litigation investment. Areas of expertise include mass tort portfolio funding, secondary mass tort portfolio trading, single-case funding, portfolio funding, single-case monetization, and capital introduction for niche litigation strategies. Mr. Hartpence is a partner at Ocasio Mass Tort Law, a DC Law Firm and a Board Member of a cutting-edge AI Litigation assessment company.

About Andrew Barroway:

Andrew Barroway is a distinguished litigator and hedge fund manager with a proven track record of success in the investment world. He previously built Barroway, Topaz, Kessler, Meltzer, & Check, LLP, the second largest securities class action firm in the country, and helped lead the $3.2 billion settlement of Tyco Ltd. International. At Merion Investment Management, Mr. Barroway invented the appraisal rights arbitrage trade where he managed $1.2B in the near-riskless strategy, annualizing 13.25% net for 12 years. Mr. Barroway is a strategic limited partner in JurisTrade and the senior portfolio manager of our upcoming Cerus Litigation Fund.

Announcements Consumer

Legal-Bay Lawsuit Funder Launches Legal Funding Calculator for Consumers

By Harry Moran and 4 others |

Legal Bay Presettlement Funding announces their new funding calculator for customers to compare pricing models of lawsuit loans between funding firms. It should be noted that Legal Bay doesn't charge compounding interest like many other legal funding companies, keeping payback costs lower right from the start. As one of the best lawsuit loan companies in the industry, Legal Bay ensures flat pricing, transparent contracts, and a helpful, knowledgeable staff to walk you through every step of the lawsuit loan funding process.

  1. Legal Bay is a direct funder—not a legal funding broker—which is the first distinction customers should make when researching legal funding options. Here's why:
  2. Being a direct funder allows Legal Bay to expedite cases faster, normally within 24-48 hours after applying, once all documents have been received.
  3. Being a direct funder allows Legal Bay to provide lawsuit loans with cap out provisions for cases that qualify without additional broker fees.
  4. Compound rates can grow substantially over the course of your case settlement funding, while flat interest stays the same at about 20% percent every 6 months.
  5. Legal Bay's lawsuit settlement programs are non-recourse which means the client will not have to pay back the loan if the case does not settle.

Chris Janish, CEO of Legal-Bay, commented, "Our funding calculator gives consumers an invaluable tool to compare payback costs. Plaintiffs will see that our direct funder platform means you deal directly with our staff and underwriters—not a broker. Our direct funding model allows for the fastest approvals, reduced rates, and no added broker fees, keeping your costs low. Legal-Bay's flat pricing—as opposed to compounding interest—and our best price guarantee ensures the lowest rates in the litigation finance industry. On large funding amounts, consumers should be aware of payback costs. The savings of Legal-Bay's flat-rate pricing versus contracts with compounding interest can be substantial."

Legal-Bay's funding model is designed to put more money back in the plaintiff's pocket at settlement. If you or a loved one need an immediate lawsuit loan in advance of your impending lawsuit settlement, please apply online HERE or call toll free at 877.571.0405 where agents are standing by.

Legal-Bay assists plaintiffs in all types of lawsuits, including commercial and mass tort litigation, personal injury cases, slip and fall accidents, property damage, car accidents, medical malpractice, wildfires, and many more. If you're looking for the lowest rates in legal funding, legal funding companies without broker, flat rate pricing or simple pricing legal funding companies, easy to use funding calculator, calculator for lawsuit loans, then Legal Bay is here to help.

Their loan for settlement funding programs are designed to provide immediate cash in advance of a plaintiff's anticipated monetary award. While it's common to refer to these legal funding requests as settlement loans, loans for settlements, law suit loans, loans for lawsuits, etc., the "lawsuit loan" funds are, in fact, non-recourse. That means there's no risk when it comes to loans in lawsuit settlements because there is no obligation to repay the money if the recipient loses their case. Therefore, terms like settlement loan, loans for lawsuit, loans on settlement, or lawsuit loan funds don't necessarily apply, as the "loan on lawsuit" isn't really a loan at all, but rather a stress-free cash advance.

For more information about lawsuit loans, please visit us HERE or call toll free at 877.571.0405 where a skilled agent can answer any questions you may have.