Stay informed with updates and key industry developments shaping the global finance litigation landscape.

Alpha Modus Holdings, Inc. (Nasdaq: AMOD), a leader in AI-driven retail technology , today announced it has executed a patent monetization and funding agreement with Alpha Modus Ventures, LLC, the entity that recently filed a patent infringement lawsuit against Broadcom Inc on April 22, 2025.

Under the terms of the agreement, Alpha Modus Holdings, Inc. (AMOD) will fund litigation efforts related to the enforcement by Alpha Modus Ventures, LLC (an entity controlled by the CEO of Alpha Modus Holdings, Inc., William Alessi) of U.S. Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover breakthrough technologies for transporting Fibre Channel data over Ethernet—a technology the company believes is being broadly infringed by Broadcom and others.

“This transaction underscores our commitment to unlocking value through aggressive IP enforcement and strategic funding structures,” said William Alessi, CEO of Alpha Modus Holdings, Inc. “We believe this case against Broadcom will be transformative in both financial and strategic terms.”

Importantly, the parties have also executed an option agreement granting Alpha Modus Holdings, Inc., the right to acquire 100% of Alpha Modus Ventures, LLC. The acquisition, if completed, will further consolidate patent ownership under AMOD and strengthen its position in ongoing and future enforcement actions. The exercise of the option will be subject to shareholder approval and other conditions, and there is no guaranty that the option will be exercised.

“This marks yet another major milestone in our strategic roadmap,” Alessi added. “Alpha Modus has demonstrated its ability to identify valuable intellectual property, launch enforcement campaigns, and translate litigation into shareholder value. This agreement should continue that momentum.”

The litigation against Broadcom is now actively underway in the United States Western District Texas Court and represents one of several high-stakes actions brought or funded by Alpha Modus. The company anticipates additional suits and partnerships will follow as part of its broader strategy to assert and monetize its growing IP portfolio.

For more information and to access Alpha Modus’ press room, visit: https://alphamodus.com/press-room/

For more information about Alpha Modus and its portfolio of innovations, please visit alphamodus.com.

About Alpha Modus

Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Alpha Modus develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in Cornelius, North Carolina, Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’s actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’s expectations with respect to future performance.

Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

Rockpoint Legal Funding today released The 2025 Lawsuit-Duration Index, a first-of-its-kind analysis that ranks U.S. states by the average time it takes a routine civil lawsuit to reach resolution. Drawing on thousands of line-items from trial-court dashboards, annual judiciary reports, and the National Center for State Courts (NCSC) case-flow datasets, the study shines a light on the calendar realities behind America’s crowded dockets.

States Where Civil Cases Last the Longest

1. New York — ≈ 30 months
   Why so long? Dense commercial caseloads, heavy discovery, and a “deferred note-of-issue” system that gives parties up to a year to certify readiness can stretch the calendar. Even though New York’s Differentiated Case Management (DCM) rule sets a target of 15 months from filing to judgment, backlogs in the Supreme Court’s civil terms routinely push cases to double that figure.
2. California — ≈ 24 months
   Unlimited-jurisdiction civil matters must, by statewide standard, wrap up within two years, yet fiscal-year dashboards show that fewer than 80 percent of cases hit the 24-month mark, with the remainder spilling into a third year. Factors include large jury pools, complex consumer statutes, and pandemic-era continuances that have not fully cleared. 
3. Florida — ≈ 20 months
   Circuit-court dashboards reveal that barely half of ordinary negligence and contract suits close inside 18 months. Although the Supreme Court adopted aggressive case-management rules in 2023, trial-level clearance rates are still catching up, and hurricane-related insurance litigation continues to clog calendars. 
4. Illinois — ≈ 18 months
   Cook County alone processes more than 250 000 civil filings a year. Medical-malpractice caps were struck down a decade ago, and lengthy expert-witness phases keep many cases open well past the 1½-year horizon set by the state’s Time-Standards order. Tort hotspots in Madison and St. Clair Counties skew the statewide mean upward. (Source: Illinois Courts Statistical Summary, 2024).
5. Texas — ≈ 14 months
   A statewide “Age of Cases Disposed” audit for fiscal year 2023 shows that 58 percent of district-court civil cases are resolved inside a year; another 12 percent finish by 18 months; the remainder stretch longer, producing a weighted average of roughly 430 days. Urban districts with multicounty venues (Harris, Dallas, Bexar) post the slowest numbers

National context: Across 19 benchmark jurisdictions surveyed by the NCSC, the mean time to disposition for civil matters was 43 weeks—just under eleven months—highlighting how outlier states pull the national average upward.

Why Do Timelines Vary So Widely?

• Caseload Mix – States dominated by high-stakes personal-injury, medical-malpractice, or complex commercial cases run longer discovery schedules than states whose dockets lean toward simpler contract or small-claims matters.
• Procedural Rules – Broad discovery allowances (New York CPLR, California CCP) and generous continuance policies add months. Fast-track “rocket-docket” rules, used in parts of Texas and Virginia, compress schedules.
• Judicial Resources – Trial-level judge-to-population ratios range from 3.9 per 100 000 residents in California to 2.6 in Texas; shortages translate directly into fuller calendars and later trial dates.
• Backlog Hangover – Pandemic pauses left hundreds of thousands of jury-demand cases unresolved; courts that pivoted to virtual hearings (Florida, Texas) cleared inventory faster than states that waited for in-person sessions.
• Local Legal Culture – In some venues, strategic delay is a negotiation tactic. High defense-side insurance penetration can encourage “wait it out” settlement strategies, particularly in auto-injury suits.

Economic and Human Costs

• Direct Expense – The U.S. tort system cost $443 billion in 2022—about 2.1 percent of GDP—according to the U.S. Chamber Institute for Legal Reform. Longer case cycles increase those costs by boosting attorney hours, expert-witness fees, and carrying charges.
• Business Impact – Protracted litigation discourages expansion in plaintiff-friendly states and inflates liability-insurance premiums, costs ultimately passed to consumers.
• Personal Hardship – Plaintiffs waiting years for compensation often face medical bills, lost wages, or repair costs they cannot defer. Delays disproportionately harm low-income claimants who lack emergency savings.

How Legal Funding Fits In

“Justice delayed shouldn’t be justice denied,” said Maz Ghorban, President of Rockpoint Legal Funding. “Our non-recourse advances give injured people the breathing room to see their cases through rather than settling early for pennies on the dollar.”

Because Rockpoint is only repaid if a case resolves favorably, the company’s interests are aligned with plaintiffs pursuing full, fair value—even in jurisdictions where court calendars run two or three years past filing. Rockpoint underwrites claims nationwide but sees the highest funding volumes in the very states that top the duration list, confirming the link between long case cycles and financial strain.

Methodology

Rockpoint analysts aggregated more than 4.2 million disposition records from:

• The National Center for State Courts case-flow dashboards (43-state sample, FY 2023).
• Individual judiciary statistical reports (California, Florida, Texas, Illinois, New York).
• County-level “age-of-case” spreadsheets for large urban districts.

Cases involving small-claims, probate, or family-law matters were excluded to isolate routine civil tort and contract litigation. Mean and median days were calculated, then rounded to the nearest month for readability.

Looking Ahead

State supreme courts in Florida and Texas have adopted stricter case-management orders requiring active judicial oversight at the 90- and 180-day marks; California lawmakers are weighing pilot “civil fast-track” programs modeled on federal Rule 26(f). If fully implemented, those reforms could shave six to nine months off average durations over the next three years.

For more information on how Rockpoint Legal Funding can help plaintiffs bridge the financial gap while their cases wind through the courts, visit rockpointlegalfunding.com.

Supio, a legal AI platform trusted by personal injury and mass tort plaintiff law firms, today announced it has raised $60 million in Series B funding. The round was led by existing investor Sapphire Ventures, with participation from new investors Mayfield and Thomson Reuters Ventures. The new investment brings Supio’s total funding to date to $91 million.

The company’s unique approach to combining specialized AI with human expert verification has set a new standard for accuracy and reliability in legal AI, addressing the critical challenge of hallucinations that plague many automated solutions. This has been particularly valuable in litigation settings where precision and confidence in the data are paramount.

“Supio is transforming how personal injury and mass tort litigation is practiced through specialized AI,” said Rajeev Dham, Partner at Sapphire Ventures and Supio Board Member. “We believe their exponential growth demonstrates that law firms are embracing AI tools that deliver measurable advantages in case preparation and outcomes. We aim to recognize a category-defining company when we see one, and we’re proud to deepen our partnership with the team revolutionizing this practice area.”

The Series B funding will support the company’s ambitious growth plans, including expanding its engineering and AI research teams, accelerating product development and scaling go-to-market operations to reach more law firms nationwide. The company recently launched a new suite of document intelligence tools to meet the needs of current users as well as taking into account what AI capabilities work best for personal injury cases.

“This funding allows us to expand our AI platform that’s already helping law firms win better settlements and litigation for their clients,” said Jerry Zhou, co-founder and CEO of Supio. “Our combination of specialized legal AI and human verification provides attorneys with accurate insights and drafting they can confidently use in negotiations and court. We’re building technology that doesn’t just save time, but fundamentally improves case outcomes.”

Strengthens Leadership Team to Meet Growing Market Demand

Supio also announced the appointment of several key executives to support its rapid growth, including Jay Deubler to lead Sales, Gwen Sheridan to lead Customer Success and Jim Sinai to head Marketing. Jay Deubler joins with proven experience scaling revenue at Avalara from early stages through IPO. Gwen Sheridan brings valuable expertise from Highspot where she led all post-sales functions. Jim Sinai, a vertical SaaS marketing specialist, previously launched Einstein AI at Salesforce and led Procore through its IPO.

“Our growth since Series A confirms what we’ve believed all along—that specialized AI built for personal injury and mass tort law can transform how these practices operate,” Zhou said. “By expanding our executive team, we’re positioning Supio to meet the tremendous market demand for our AI-first approach to legal document workflows, and to deliver concrete results: faster case resolution, stronger settlements, and ultimately better outcomes for the individuals seeking justice.”

Accelerating Growth and Impact Since Series A

Since emerging from stealth in August 2024 with its $25 million Series A funding, Supio has experienced four times Annual Recurring Revenue (ARR) growth and demonstrated the transformative impact of its AI platform. The company has significantly expanded its customer base, now serving many of the top personal injury and mass tort law firms across the United States including Huges & Coleman, Daniel Stark, Thomas Law Offices, and Whitley Law.

Supio’s specialized AI platform has proven particularly valuable in helping firms win bigger. Firms such as Travis Legal Offices have reported getting at least 20-30% per case while Thomas Law reported increasing their annual case volume 62% since adopting Supio. In high-stakes litigation, Supio helped TorHoerman Law secure a landmark $495 million verdict against Abbott Labs. By combining AI-powered document analysis with rigorous human verification, Supio has established itself as the trusted solution for legal teams handling complex cases involving thousands of documents.

“Thomson Reuters Ventures invests in innovative companies that align with our strategic focus and the markets we serve. In the legal industry, personal injury and mass tort litigation demand specialized AI solutions designed specifically for these complex practice areas, and Supio addresses these unique challenges with both accuracy and depth,” said Tamara Steffens, Managing Director, Thomson Reuters Ventures. “We’re confident that Supio’s platform, built from the ground up, will become essential for firms serious about maximizing case outcomes.”

Photo and video assets available here.

About Supio

Supio is the leading AI platform transforming how personal injury and mass tort law firms build stronger cases and achieve superior outcomes. Supio’s Document Intelligence Platform converts complex case materials into actionable insights, combining specialized AI with human expert verification to ensure unmatched accuracy. Built with security and compliance at its foundation, Supio streamlines the entire case lifecycle—from pre-litigation analysis to courtroom strategy. Law firms using Supio report faster case resolution, higher settlement values, and deeper client trust through our precision-driven document analysis, advanced case economics, and intelligent drafting tools. Supio doesn’t just save time—it fundamentally improves how legal teams work and win.

About Sapphire Ventures

Sapphire is a global software venture capital firm with $11.3+ billion in AUM and team members across Austin, London, Menlo Park and San Francisco. For over a decade, Sapphire has partnered with visionary management teams and venture funds to back companies of consequence. Since its founding, Sapphire has invested in more than 180 companies globally resulting in more than 30 Public Listings and 50 acquisitions. The firm’s investment strategies — Sapphire Ventures, Sapphire Partners and Sapphire Sport — are focused on scaling companies and venture funds, elevating them to become category leaders. Sapphire’s Portfolio Growth team of experienced operators delivers a strategic blend of value-add services, tools and resources designed to support portfolio company leaders as they scale.

Silver Bull Resources, Inc. (OTCQB:SVBL)(TSX:SVB) (“Silver Bull” or the “Company”) provides an update on the progress of its international arbitration claim against the United Mexican States (“Mexico”).

Silver Bull announces that it has filed its Reply to Mexico’s Counter-Memorial in the arbitration that Silver Bull initiated on 28 June 2023 under the United States-Mexico-Canada Agreement (“USMCA”) and the North American Free Trade Agreement (“NAFTA”) before the International Center for the Settlement of Investment Disputes (“ICSID”). Under the current schedule, Mexico now has until August 26, 2025 to file its Rejoinder before the case proceeds to a hearing, which will commence on October 6, 2025.

A summary of the key points of Silver Bull’s claim is provided below:

• The arbitration arises from Mexico’s refusal to take action with respect to the illegal blockade of Silver Bull’s Sierra Mojada Project, which commenced in September 2019 and remains ongoing. Mexico’s actions and omissions led to the complete loss of Silver Bull’s investment, and breached Mexico’s obligations under the NAFTA, including the prohibition on unlawful expropriation and the duties to provide full protection and security, fair and equitable treatment, national treatment and most-favored nation treatment.
• Silver Bull commenced the arbitration by filing a Request for Arbitration with ICSID on 28 June 2023. A three-person arbitration panel (the “Tribunal”) was appointed by ICSID and they will adjudicate the case. Silver Bull filed its Memorial on 17 June 2024, setting out its claim in full and presenting supporting evidence. Mexico filed its Counter-Memorial on 23 December 2024, setting out its defence and presenting its evidence in response to the claim.
• In the Reply filed on April 25, 2025, Silver Bull responded to Mexico’s Counter-Memorial and provided further evidence to support its claim. In its Reply, Silver Bull updated its damages claim to US$374.9M (including interest), supported by the opinion of its damages expert.
• Mexico will file its Rejoinder, responding to Silver Bull’s Reply, on 26 August 2025. The hearing in the arbitration will take place from 6-10 October 2025.
• The Company hired Boies Schiller Flexner (UK) LLP (“BSF”) to act on its behalf as legal counsel for the claim. BSF is an international law firm with extensive experience in international investment arbitration concerning mining and other natural resources. The BSF team is led by Timothy L. Foden, a noted practitioner in the mining arbitration space.
• Silver Bull is financially supported by Bench Walk Advisors LLC via a Litigation Funding Agreement for up to US$9.5 million to finance the case and the running of the Company.

Silver Bull’s CEO, Mr. Tim Barry commented, “While Silver Bull had intended to continue developing the Sierra Mojada Project, an illegal blockade initiated in September 2019 by a small group of local miners – seeking to extort an unearned royalty payment from the Company has persisted to this day. Despite obtaining a favorable ruling from the Mexican courts dismissing the group’s royalty claims, and despite repeated requests for the Mexican Government to enforce the law and remove the illegal blockade, the Government has continuously elected not to act. As a result, Silver Bull has been denied access to the site for more than five years, preventing the Company from conducting its lawful business activities in Mexico. This has led to the complete loss of Silver Bull’s investment and the destruction of shareholder value at Sierra Mojada. The Mexican Government’s actions and inactions directly drove investors away and effectively expropriated the Sierra Mojada Project.”.

BACKGROUND TO THE CLAIM: The arbitration has been initiated under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States process, which falls under the auspices of the World Bank’s ICSID, to which Mexico is a signatory.

Silver Bull officially notified Mexico on March 2, 2023 of its intention to initiate an arbitration owing to Mexico’s breaches of NAFTA by unlawfully expropriating Silver Bull’s investments without compensation, failing to provide Silver Bull and its investments with fair and equitable treatment or full protection and security, and not upholding NAFTA’s national treatment standard.

Silver Bull held a meeting with Mexican government officials in Mexico City on May 30, 2023, in an attempt to explore amicable settlement options and avoid arbitration. However, the 90-day period for amicable settlement under NAFTA expired on June 2, 2023, without a resolution.

Despite repeated demands and requests for action by the Company, Mexico’s governmental agencies have allowed the unlawful blockade to continue, thereby failing to protect Silver Bull’s investments. Consequently, Silver Bull is seeking to recover an amount of US$374.9M (including interest) in damages that it has suffered due to Mexico’s breach of its obligations under NAFTA.

THE SIERRA MOJADA DEPOSIT: Silver Bull’s only asset is the Sierra Mojada deposit located in Coahuila, Mexico. Sierra Mojada is an open pittable oxide deposit with a NI 43-101 compliant Measured and Indicated “global” Mineral Resource of 70.4 million tonnes grading 3.4% zinc and 38.6 g/t silver for 5.35 billion pounds of contained zinc and 87.4 million ounces of contained silver. Included within the “global” Mineral Resource is a Measured and Indicated “high grade zinc zone” of 13.5 million tonnes with an average grade of 11.2% zinc at a 6% cutoff, for 3.336 billion pounds of contained zinc, and a Measured and Indicated “high grade silver zone” of 15.2 million tonnes with an average grade of 114.9 g/t silver at a 50 g/t cutoff for 56.3 million contained ounces of silver. Mineralization remains open in the east, west, and northerly directions.

Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends at the nexus of law and finance. As legal finance continues to be used as a transformative resource for both corporations and law firms, this edition provides data, analysis and expert commentary on industry developments.

In this edition, leading law firm attorneys explain how legal finance is reshaping traditional contingency fee models, patent lawyers discuss the first year of data from the United Patent Court (UPC) and Burford experts present new data-driven findings on the enforcement of judgments, as well as a timely analysis of the synergies between private equity and legal finance.

Articles in the Burford Quarterly No.2 2025 include:

• Contingency fee practices in the US: Insights from top litigators
  A discussion among US trial lawyers on the evolving use of contingency fee arrangements. The roundtable explores the advantages and challenges of contingency models, the impact of AI and legal tech and how legal finance increasingly complements traditional contingency structures.
• The UPC in focus: Patent lawyers on the first year of data
  Leading patent lawyers dissect the first year of data from the UPC, analyzing the most impactful rulings to date, lessons learned and future expected trends.
• Enforcement in arbitrations against sovereigns: What the data tell us
  Sovereign arbitration awards often face unique enforcement challenges. This article examines empirical data on enforcement outcomes and the role legal finance plays in helping claimants enforce and monetize awards.
• Private equity and legal finance: A strategic partnership
  Portfolio companies may have significant value locked in disputes that could generate cash and enhance equity value when an exit strategy is sought. 
• Five years of WAMCA (Dutch Act on the Resolution of Mass Damages in Collective Action) claims: Trends and takeaways
  A look at the first five years of the Netherlands’ WAMCA regime, analyzing key trends in collective actions and the role of legal finance in supporting large-scale claims.

“With every edition, the Burford Quarterly aims to provide a lens into how legal finance is shaping the business of law,” said David Perla, Vice Chair of Burford Capital. “This issue combines robust data with real-world outcomes to illustrate how legal finance has become a sophisticated financial strategy for optimizing cash flow, managing legal risk and unlocking capital across geographies and sectors. By combining data with expert commentary and case-specific insights, we demonstrate the tangible impact legal finance has on today’s most sophisticated legal and business decisions.”

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery, and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and works with companies and law firms around the world from its global network of offices.

For more information, please visit www.burfordcapital.com.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

Legal disputes often involve not only complex legal considerations but also significant financial pressure. For many companies, asserting their rights requires substantial resources, with outcomes that are uncertain. In distressed scenarios—such as restructuring or insolvency—the burden becomes even more acute.

Avyana Litigation Funding addresses this challenge through a model that transforms legal claims into strategic assets. The company has recently been reinforced by the involvement of two experienced professionals: Dr. Tillmann Lauk (LL.M.), former global board member of Deutsche Bank, and Dr. Raphael Nagel (LL.M.), a long-standing private equity investor and entrepreneur.

A Strategic Approach to Litigation Finance

Rather than simply covering legal costs, Avyana’s model enables businesses to pursue valid claims without affecting operational liquidity. In successful cases, proceeds are shared; in unsuccessful ones, the company absorbs the loss. This shifts the litigation risk from claimant to funder, offering companies a way to enforce their rights without jeopardizing financial stability.

Beyond funding, Avyana also provides companies with the option to sell claims to a network of specialized partners. This approach can be particularly valuable in restructuring scenarios, enabling companies to unlock capital from unresolved legal positions.

“Many firms hold claims that are potentially valuable but lack the capacity or appetite to pursue them,” explains Dr. Tillmann Lauk. “Our structure allows that value to be realized more efficiently.”

Collaborative Model with Legal and Corporate Partners

A core element of Avyana’s approach is its close collaboration with law firms, corporate clients, and insolvency administrators. By aligning with experienced legal teams, the company ensures that funded claims are supported by sound legal strategies and operational execution.

Typical areas of focus include commercial disputes, contract enforcement, claims for damages and shareholder conflicts. In insolvency proceedings, litigation funding can enable administrators to pursue avoidance actions or liability claims, helping to recover value for creditors without depleting estate resources.

“Our analysis considers both legal merit and commercial logic,” says Dr. Raphael Nagel. “Each case is reviewed with the goal of turning legal exposure into financial opportunity.”

Global Scope and Investment Discipline

Avyana Litigation Funding operates internationally, with an emphasis on Europe, the Middle East, and select emerging markets. All cases undergo comprehensive due diligence, with investment decisions guided by principles applied by its leadership in corporate finance and legal risk assessment.

“We treat every claim as an investment opportunity,” adds Dr. Lauk. “This means evaluating enforceability, counterparty risk, and recovery potential before any commitment is made.”

An Evolving Role in Legal and Financial Strategy

Litigation finance and structured claim sales are increasingly integral to the legal and business environment. For companies, law firms, and administrators alike, these tools offer a way to act strategically, preserve capital, and navigate legal complexities more effectively.

“In today’s economy, access to justice should not depend on cash flow or balance sheet size,” concludes Dr. Nagel. “Avyana Litigation Funding provides a structured path forward.”

Burford Capital, the leading global finance and asset management firm focused on law, today releases new research on patent monetization, a means for businesses with significant intellectual property to generate revenue from patent assets through licensing, direct enforcement and corporate divestitures. With high research and development costs, long development timelines and intense IP competition, CFOs and GCs are faced with the challenge of seeking greater value from their companies’ patent portfolios without diverting capital from core business operations. Moreover, converting underutilized intellectual property into liquid assets enables companies to fuel ongoing innovation and drive future growth.

Despite substantial investments in securing and maintaining patents, many companies fall short in leveraging their intellectual property—resulting in missed financial opportunities and ongoing costs that could otherwise be offset through monetization. This research shows companies shifting to a more proactive stance toward patent monetization as they face mounting economic pressures, rising costs of maintaining large patent portfolios and headline-generating enforcements and divestitures by major brands that increase acceptance. Nearly 70% of in-house lawyers say their organizations are more likely to monetize patents today than a decade ago, and 73% report that patent monetization revenue has grown over the last 10 years.

“Patent monetization remains a significantly underutilized asset for many businesses,” said Christopher Bogart, CEO of Burford Capital. “Companies frequently hold valuable patents that require substantial investment to enforce, incurring significant expense—risk we routinely finance for clients. In today’s climate of intensifying global competition and rapidly evolving IP enforcement landscapes, legal finance empowers companies to strengthen their patent monetization strategies and take a more proactive, value-driven approach to IP management.”

“Companies have a significant opportunity to unlock value from their intellectual property,” said Katharine Wolanyk, Managing Director at Burford Capital and head of its intellectual property and patent litigation finance division. “In conversations with CFOs and general counsel across industries, we frequently hear that patent portfolios are viewed as cost centers rather than assets, and this research substantiates that assertion. Legal finance offers a powerful solution by transforming underutilized IP assets into a source of liquidity that can fuel business priorities and allow companies to continue the essential cycle of innovation.”

Key findings from the study include:

• Companies are missing revenue opportunities: Even as patent monetization is increasing, 79% of in-house lawyers say that more than a quarter of their patent portfolio is underutilized. The costs of maintaining patents without monetization include lost revenue, delayed market entry and reduced market share.
• Revenue generated by patent monetization is growing: 73% of in-house lawyers report that revenue from patent monetization has increased over the last 10 years and 69% of in-house lawyers say their organizations have become more likely to monetize patents in the past decade.
• Divestiture is a fast-growing monetization strategy: 71% of in-house lawyers have already divested patents or are actively exploring divestiture options.
• Clients can de-risk direct enforcement with finance: 72% of law firm lawyers cite the high cost of litigation as a deterrent to clients pursuing meritorious patent claims.
• Legal finance plays a growing role in patent monetization: 59% of law firm lawyers say clients use legal finance for patent monetization; 51% of in-house lawyers say they are actively planning or exploring the use of legal finance to support patent enforcement and monetization going forward.
• Global patent monetization is active: The US remains the top market for patent monetization due to strong enforcement mechanisms. The Unified Patent Court (UPC) is driving change in Europe, with 74% of in-house lawyers expecting increased enforcement in the region.

This research, commissioned by Burford and conducted by GLG, captures insights from 300 in-house IP counsel and law firm partners involved in patent litigation in North America, Europe and Asia.

The research report can be downloaded on Burford’s website.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery, and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and works with companies and law firms around the world from its global network of offices.

For more information, please visit www.burfordcapital.com.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

Court House Capital is pleased to announce the appointment of Matt Hourn as its new Chief Executive Officer, effective 14 April 2025. This strategic leadership transition marks an exciting new chapter for the company as Michelle Silvers, who has served as CEO since 2020, steps into the role of Chairman of the Board. 

Michelle Silvers has been instrumental in Court House Capital’s growth, innovation, and performance since its inception. Her move into the Chairman position reflects the company’s ongoing commitment to visionary leadership and long-term success. 

“Leading Court House Capital has been an incredible journey, and I am proud of what we’ve built. I look forward to continuing to support the company’s future in a strategic capacity as Chairman.” Michelle Silvers, Chairman, Court House Capital 

Incoming CEO Matt Hourn brings over 25 years of experience in commercial litigation and is cofounder of Court House Capital. His strong commercial insight and legal expertise, leadership capabilities, and innovative vision make him well-suited to drive the next phase of growth. 

“I am honoured to step into the role of CEO and build on the strong foundation Michelle has established,” Matt Hourn, Chief Executive Officer, Court House Capital. 

This transition underscores the firm’s commitment to continuity and strategic evolution, positioning Court House Capital for sustained success. 

ABOUT COURT HOUSE CAPITAL 

Court House Capital is a leading litigation funder focused on cases in Australia and New Zealand. Led by industry founders, with Australian based capital, the team is renowned for expertise, agility and collaboration. courthousecapital.com.au 

Manchester-based litigation finance firm IQuote Limited has bolstered its senior leadership team with the appointment of a new Director of Campaigns, reinforcing its commitment to expansion and innovation in the sector.

Stepping into the role is Katie Doherty, an experienced litigation finance specialist with a track record of driving growth and operational success. 

She has held senior positions at various law firms prior and has worked alongside IQuote CEO Craig Cornick for over 15 years across multiple roles.

Katie said she was both delighted and grateful for the opportunity and expressed a keen desire to get started as soon as possible. 

“It’s an incredibly exciting time for IQuote as we continue expanding our legal tech partnerships and investing in new opportunities,” Katie said.  “This is a fast-moving industry, and I’m looking forward to leading campaigns that will drive the firm’s next stage of growth.

“I can’t wait to get stuck in. IQuote has evolved massively in respect of its business offerings, the firms we are investing in, and the different campaigns we are now exploring. You have to be constantly thinking on your feet; there’s never a dull moment.”

Originally aspiring to become a solicitor, Doherty began her career in legal administration before transitioning into finance and business strategy.  She first collaborated with Craig in 2010, playing a key role in business operations, asset management, and claims handling. 

Katie thanked her team at IQuote for all their help and support.

“They have all been fantastic, and I have so much admiration for Craig,” she said.

“For him nothing is impossible; if you say, ‘it can’t be done,’ he will immediately tell you that it can and how you can make it happen.”

Craig Cornick, CEO of IQuote Limited, said: “Katie has been instrumental in the success of multiple businesses I’ve led, and her ability to think strategically while keeping operations running smoothly is unmatched.

“She knows how to build and execute campaigns that deliver real results, and that’s exactly what we need as we continue to scale. Her expertise in litigation finance, combined with her hands-on leadership style, makes her a perfect fit for this role.

“She’s got an incredible work ethic also. From the very start, Katie has always been willing to roll up her sleeves and do whatever it takes to get the job done. 

“Whether it was managing complex operations or jumping in to solve unexpected challenges, she’s always been a problem-solver. That kind of determination is what sets her apart and why I’m confident she’ll drive real impact in this position.”

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.

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 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”). 

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.

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.

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.

Litigation Capital Management Limited (LCM) has released the following announcement detailing its interim results for the half year ended 31 December 2024:

Highlights

• Seven realisations in period generating A$51m of revenue
• Net realised gains of A$37.4m (HY24: A$19.6m), with concluded investments generating a 3.67x multiple of cash invested (MOIC)
• Total income of A$4.7m (HY24: A$21.6m) due to A$32m negative fair value movement driven by fair value write-offs on concluded investments 
• Loss after tax for the period of A$8.4m (HY24: profit A$7.3m)
• Net assets of A$181.8m (HY24: A$188.9m)
• Book value per share of 86.3 pence (FY24: 94.4 pence)
• Total new commitments of A$34m added in the period (HY24: A$90m)

Outlook

• Fund management momentum accelerating, with Fund III on track for launch before 30 June 2025
• New commitments expected to rebound in the second half of FY25.

Commenting on the results, Patrick Moloney, CEO of Litigation Capital Management, said: “The first half of the year reflected the inherent volatility of litigation finance. While we secured significant wins in two arbitration cases, we also faced setbacks with two class action losses at trial, which are now subject to appeal. Our transition to a fund management model continues to gain momentum, and as we scale, we expect to reduce financial unpredictability. We remain disciplined in capital allocation, focused on generating strong long-term returns for our investors and shareholders.”

LCM will be hosting a webinar for investors today at 11.00 a.m. The presentation is open to all existing and potential shareholders. If you would like to attend this presentation, please register using the following link:

The full release from LCM, including detailed financial breakdowns and the Chief Executive’s full statement, can be read here.

Tenadio Corp, a consulting firm specializing in advising patent owners and inventors, announced it has completed an additional $60 million in financing for the Patent Capital Funding Program (“PCF”), a litigation finance program established by Tenadio’s founding principal, Michael Ciuffo. 

Waterford Capital, Inc., a Dallas, Texas based broker-dealer, was the sole placement agent for the transaction, which was privately placed with institutional investors. 

“The PCF Program is off to a great start for 2025. We are excited to have added new partners and participants in this round of funding and are very encouraged with recent events in patent litigation that will further strengthen our clients’ positions in defending the value in their intellectual property rights,” said Michael Ciuffo. 

“The Patent Capital Funding Program continues to be a reliable funding source for patent owners, having raised approximately $315 million in patent infringement litigation financing to date. We are so grateful for the collaboration of everyone involved, which is a key to the Program’s success, and we look forward to continuing its expansion,” said Dave Piotrowski, Managing Director of Waterford Capital. 

About Tenadio Corp

Tenadio Corp utilizes decades of experience in structured finance and litigation funding to develop optimal funding structures for patent holders and infringement litigation. Tenadio works with its advisors and partners to offer a full platform of patent litigation services, including patent valuation, monetization, funding options, and lead counsel selection. Tenadio provides a thorough evaluation of each patent infringement case, creating a structure that provides an attractive investment opportunity while simultaneously monetizing proceeds associated with future infringement cases. 

About Waterford Capital

Waterford Capital, Inc. is a leading arranger of litigation finance and other structured finance and asset securitization transactions. The firm arranges capital for clients in connection with patent infringement financing, asset-backed credit facilities, private placements of asset-backed securities, and whole loan sale programs. Waterford Capital is a registered broker-dealer and member FINRA/SIPC.

The International Legal Finance Association (ILFA), the only global association of commercial legal finance companies, announced that Juris Capital has joined their association, adding to their rapidly growing membership base. 

Juris Capital is committed to delivering innovation solutions for financial stability for commercial litigation and arbitration along with investments in law firms through creative billing arrangements. Juris Capital’s team has over twenty years of experience investing in commercial litigation, all of their principals are licensed attorneys or certified public accountants. 

“Juris is excited to join ILFA to provide perspective from its over 15 years of operation,” said David Desser, Juris Managing Director. 

“We believe the industry faces an inflection point, where the choice of policies will affect outcomes for businesses, consumers, and funders, and we will support ILFA’s effort to secure sound policies in the United States and abroad.” said Dane Lund, Juris Managing Director. 

Rupert Cunningham, Global Director of Growth and Membership Engagement at ILFA, commented on Juris Capital joining ILFA, saying “I’m delighted to welcome Juris Capital to ILFA’s growing ranks. Juris’ team bring with them a great deal of experience in litigation finance and we at ILFA look forward to working with David and Dane, whose expertise will be invaluable in our efforts to support and represent the legal finance sector globally.”

About the International Legal Finance Association  

The International Legal Finance Association (ILFA) represents the global commercial legal finance community, and its mission is to engage, educate and influence legislative, regulatory and judicial landscapes as the voice of the commercial legal finance industry. It is the only global association of commercial legal finance companies and is an independent, non-profit trade association promoting the highest standards of operation and service for the commercial legal finance sector. ILFA has local chapter representation around the world. 

For more information, visit www.ilfa.com and find us on LinkedIn and X @ILFA_Official.

Legal-Bay, the Pre Settlement Funding Company, announces today that they are committed to funding their clients in Hawaii who are dealing with wildfire claims. In light of the Aloha state’s Supreme Court ruling last week, a previously stagnant $4 billion settlement has now been allowed to proceed, providing financial assistance to numerous displaced Hawaiians still dealing with the after-effects of the deadly inferno.

The 2023 Lahaina wildfire on the island of Maui was the most devastating United States fire in over a century. It killed over 100 people and turned entire towns into ash. Thousands of lawsuits against those responsible for the blaze–including Hawaiian Electric, Kamehameha Schools, the state of Hawaii, and Maui County—soon followed. While the $4 billion offer doesn’t come close to covering the $5 billion in property damage—not to mention the incalculable loss of life—attorneys accepted the offer amidst rumblings that the main defendant, Hawaiian Electric, might declare bankruptcy.

Between homeowners, renters, and businesses, insurance companies have already paid out $1.5 billion to victims and are expected to pay out close to $1 billion more. Monday’s ruling is a good way for insurance companies to receive reimbursement as well as victims to receive future payouts, paving the way for all parties to move forward with their claims. The case is scheduled to be sent back to a Maui judge to determine what comes next.

Chris Janish, CEO of Legal-Bay, commented, “My personal connection to Lahaina and its residents makes seeing the devastation that much harder. We are committed to immediately funding wrongful death wildfire cases in large funding amounts for those families that need it. And we will be assisting renters who are displaced by getting cash advances to help them until a final settlement comes.  Our experience in California wildfire cases enables our underwriting team and staff to process approvals quickly for renters, homeowners, and commercial claims.”

If you are a lawyer or plaintiff involved in an active wildfire lawsuit and need an immediate cash advance settlement loan against an impending lawsuit settlement, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Legal Bay has a long history dealing with wildfire lawsuits, as they’ve been a leader in almost every case over the past seven years. They were one of the first companies to fund PG&E plaintiffs during the California Camp Fire lawsuits back in 2018, and they’ve remained involved throughout every wildfire and natural disaster since. They are dedicated to supporting their clients in need of financial assistance, specifically those that are dealing with the aftermath of natural wild fire disasters in places like Hawaii, Oregon, Washington, and California.

Numerous renters, homeowners, and business owners have been temporarily displaced, or seen their homes and companies destroyed altogether. Amidst the devastation and uncertainty, people who have been affected by tragedy need help and they need it now. In these circumstances, legal funding—sometimes referred to as “lawsuit loans” or “settlement loans”—can be immensely beneficial. Legal-Bay is leading the charge to provide loans for settlements to affected residents as soon as possible.

As a leading lawsuit funding provider, Legal-Bay knows that relocation efforts can cost their clients money they don’t have. Some are looking into loan settlement options in order to fund basic living expenses while they get their lives back on track. A loan for settlement can also help bridge the gap of time it will take to receive that eventual check from the insurance company. Legal-Bay is proud of the numerous funding they’ve provided for their current crop of clients along with providing a multitude of loan on lawsuit options for any future financial needs.

If you’re the plaintiff in an existing wildfire lawsuit and need an immediate advance against your anticipated cash settlement award, you can apply HERE or call: 877.571.0405

Legal-Bay lawsuit funding remains vigilant in helping clients who have seen their homes and properties damaged by recent events. Additionally, any new clients that have an existing lawsuit and need cash now can apply for regular settlement funding to help them get through their own crises. Legal-Bay funds all types of loans for lawsuits including personal injury, slips and falls, car accident lawsuit, property damage, commercial litigation, and more.

Legal-Bay is one of the best lawsuit loan companies when it comes to providing immediate cash in advance of a plaintiff’s anticipated monetary award. The non-recourse law suit loans—sometimes referred to as loans for lawsuit or loans on settlement—are risk-free, as the money doesn’t need to be repaid should the recipient lose their case. Therefore, the lawsuit loan funds aren’t really a loan, but rather a cash advance.

To apply right now, please visit the company’s website HERE or call toll-free at: 877.571.0405 where agents are standing by.

Theo Ai, the first predictive AI platform for litigation, today announced a strategic partnership with Mustang Litigation Funding, a litigation finance company. By leveraging Theo Ai’s predictive engine to automate the case review process, Mustang can confidently select cases faster with a greater rate of success. On the heels of Theo’s $2.2M funding in November, this collaboration exemplifies Theo’s ability to provide strategic insights for a company’s existing portfolio, and it puts Mustang at the forefront of AI-powered advancements, utilizing their extensive proprietary database to create a custom-fit algorithm tailored just for their needs.

Mustang has funded over $170MM in cases across the U.S. to provide innovative litigation funding solutions. While demand for their services is high, reviewing thousands of cases quickly and accurately can lead to a bottleneck. Theo Ai solves this problem by delivering a tool that is capable of automating the task of finding “winners” and delivering insights into case probability. With AI trained on historical and proprietary data along with real-time analytics, Theo Ai boosts confidence in case selection, accelerates workflows and due diligence, and ensures compliance. Additionally, Theo Ai streamlines the review of case records to ensure comprehensive insights and improved accuracy in case evaluations. Included in the collaboration, Mustang will have access to the Theo Ai platform that identifies and unlocks new funding opportunities faster than ever before.

“At Mustang Litigation Funding, we’re always looking for the latest in tech-focused solutions to benefit our clients,” says Seth Rieger, CTO of Mustang Litigation Funding. “With Theo Ai, Mustang is advancing towards a future in which it will be able to consistently and reliably evaluate cases within seconds to pinpoint high-value opportunities. By harnessing the efficiency of AI, we believe we will be setting a new standard in litigation funding.”

“We’re thrilled to empower Mustang’s customer portfolio with Theo Ai. By automating compliance checks and reducing the risk of manual errors, Theo Ai can speed up the deal-closing process with confidence and improved accuracy,” says Patrick Ip, CEO and Co-Founder of Theo Ai. “By improving case selection by just 1% annually, Mustang and its partners will profit from increased ROI and additional revenue. Not only will this benefit Mustang when prospecting new cases but will also unveil strategic insights into their existing clientele.”

The partnership allows Mustang Litigation Funding to reduce losses by avoiding low-return cases and enhance revenues by focusing on high-probability, high-yield cases, all while saving valuable time with automation. This marks a pivotal step forward for law professionals and the legal industry as a whole. By combining Mustang’s commitment to supporting individuals and law firms seeking justice with Theo Ai’s groundbreaking predictive technology, the two are setting the benchmark for efficiency, precision, and success in litigation funding.

To learn more and join the waitlist for Theo Ai, visit: Theo Ai

About Theo Ai

Theo Ai is the first predictive engine designed by technical and legal professionals to forecast the outcome of legal disputes. Its AI models are trained on historical case data and incorporate real-time analytics with predictive modeling to deliver accurate and actionable insights. Theo Ai is meeting the most critical need for legal professionals – offering accurate case outcome predictions, backed by data. To learn more and join the waitlist for Theo Ai, visit: https://theoai.ai/#product

About Mustang Litigation Funding

Founded in 2018 and headquartered in Wayzata, Minnesota, Mustang Funding is a leading litigation finance company dedicated to empowering justice through innovative and transparent funding solutions. With over $170 million funded across more than 3,000 unique cases and partnerships with over 1,000 law firms nationwide, Mustang Funding ensures financial constraints never hinder access to fair legal representation. Guided by their core values of transparency, integrity, and unwavering client support, Mustang Funding is committed to reshaping the legal finance landscape to make justice accessible for all.

ILFA and the Association of Litigation Funders of England and Wales have submitted a joint response to the Civil Justice Council’s consultation on litigation funding.

Legal experts, representative bodies and law firms have also made their submissions public. While there are – of course – a range of views about the sector and possible reforms, there are two common threads: 

• Firstly, all contributors are in unanimous agreement that litigation funding is a critical tool in the UK for enabling access to justice, from Sir Alan Bates and the subpostmasters in the Post Office scandal to equal pay for supermarket workers.
• Secondly, the uncertainty facing the sector because of the 2023 PACCAR judgment is jeapordising that access to justice and must be urgently reversed. In their submission to the CJC, leading Oxford University civil justice academics said “there is a compelling and urgent need to reverse the effects”. The City of London Law Society said “this is an ongoing unsatisfactory state of affairs”. The Class Representatives Network said the current state of uncertainty is “untenable”. The Forum of Complex Injury Solicitors wants to “reinstate the position of prePACCAR”. It goes on. 

ILFA and ALF joint response 

ILFA and ALF’s submission is based on the views of its members who are among the largest and most experienced funders in England and Wales. 

In summary, the views of ILFA and ALF are as follows: 

1. Litigation funding plays a critical role in enabling access to justice. For many claimants, including consumers and SMEs, it provides the only route to redress. For others, litigation funding allows businesses to use their capital to grow their core business and create jobs instead of tying up budgets for litigation costs.
2. Litigation funding has worked well in England and Wales. As well as providing access to justice, litigation funding promotes equality of arms between parties. Funding also brings other benefits such as promoting the public interest through exposing corporate wrongdoing, driving good litigation behaviour and supporting the development of English jurisprudence. Commonly stated concerns about litigation funding supporting frivolous or vexatious claims are not supported by evidence; in fact, the evidence is that funders are highly selective in the cases they fund, providing a reality check which benefits parties beyond the funded client and helping direct resources towards meritorious claims.
3. As well as enabling access to justice, litigation funding has developed into a crucial pillar supporting the UK’s leading global role as a legal and financial centre. To ensure this continues, urgent legislation is needed to address the uncertainty caused by the PACCAR judgment.
4. In the absence of evidence of harm that needs to be addressed and given the detriment that would be caused by additional regulatory burdens, the current self-regulatory approach strikes the right balance. It will continue to evolve by, for example, potential updates to the ALF Code of Conduct in consultation with the CJC.
5. Funders’ returns should not be capped. The existing, competitive funding market is best placed to assess and price the many risks involved and the practical effect of an (inflexible) cap would be to make fewer meritorious cases fundable and have a negative effect on access to justice.
6. Litigation funding helps to control costs (via funder scrutiny and oversight of budgets) but costs are subject to many factors including the defendant’s conduct of the case. Arbitrators have discretion to order that the cost of litigation funding should be recoverable as a cost in proceedings. The courts should have the same discretion.
7. Recoverability of adverse costs and security for costs applications increase the costs of litigation, costs that are ultimately borne by successful claimants. These costs restrict access to justice and diminish claimants’ net recovery. Permitting flexibility in how adverse cost risk is addressed is beneficial for access to justice.
8. Funders have less control over proceedings than other third parties that provide economic support for litigation. Concerns relating to control by litigation funders are unfounded.
9. Beyond representative proceedings in the CAT, there is no need to incur the cost, delay and uncertainty of having the court approve settlements of funded proceedings.
10. Claimants in funded cases are always represented by lawyers, who owe duties to their client alone, which provides protection for claimants when entering a litigation funding arrangement and throughout their litigation. Measures to address conflicts are adequately reflected in best practices and professional regulation.

About the International Legal Finance Association

The International Legal Finance Association (ILFA) represents the global commercial legal finance community, and its mission is to engage, educate and influence legislative, regulatory and judicial landscapes as the voice of the commercial legal finance industry. It is the only global association of commercial legal finance companies and is an independent, non-profit trade association promoting the highest standards of operation and service for the commercial legal finance sector. ILFA has local chapter representation around the world. 

For more information, visit www.ilfa.com and find us on LinkedIn and X @ILFA_Official.

Legal-Bay, the premier legal funding company, announced today the closing of $10MM in senior secured notes for their short-term growth plans. Legal-Bay, established in 2006 and one of the oldest legal funding firms in the “Lit Fin” industry, is now poised to aggressively fund car accidents, slip and falls, personal injury, sex abuse cases, sex harassment on job, wrongful termination, discrimination, Bard hernia mesh cases, Hawaii and California wildfire cases, and a slew of other cases with their increased capital commitment.

Chris Janish, CEO of the company, talked about the company’s goals, “With this new capital commitment and consistent recurring origination flow each quarter, we are excited about the future. We have a target to become one of the largest legal funding portfolios in the industry over the next four years. This initial capital closing is a bridge for more substantial capital needs over the next twelve months with our business model projecting $25MM to $30MM in additional assets to absorb our anticipated sales growth.” 

Legal-Bay is known as one of the best lawsuit funding companies in the industry for their 24-hour approvals and great customer service. They have enlarged their staff to take on the increased volume of clients applying for loans on lawsuits. 

If you are involved in a car accident or another lawsuit that is lagging in the courts and need cash today, you may apply right now for a cash advance on your case.

If you are a plaintiff or attorney involved in an active lawsuit and need an immediate cash advance lawsuit loan against an impending lawsuit settlement, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Legal-Bay’s loan settlement programs are designed to provide immediate cash in advance of a plaintiff’s anticipated monetary award. The non-recourse law suit loans—sometimes referred to as loans on lawsuit or loans on settlement—are risk-free, as the money doesn’t need to be repaid should the recipient lose their case. Therefore, the lawsuit loan isn’t really a loan, but rather a cash advance.

To apply right now for a loan on lawsuit program, please visit the company’s website HERE or call toll-free at: 877.571.0405 where agents are standing by.

Omni Bridgeway Limited (ASX: OBL) (Omni Bridgeway, OBL) is pleased to announce  Financial Close of its Secondary Market Transaction ,which was first announced upon signing on 18 December 2024 (link). The transaction involves the establishment of Fund 9 as a continuation fund, with funds managed by Ares Management Corporation (Ares) as the capital provider. Fund 9 has acquired a number of Omni Bridgeway’s co-investment interests in its funds.

An initial payment of A$275m has been received from Ares, which has been used to fully repay OBL’s outstanding debt of A$250m and to meet transaction costs, with the balance going to OBL to fund working capital requirements.

OBL is entitled to a further upfront consideration payment to reflect the balance of value of the interests acquired by Fund 9 at the time of signing.  This is due to be received from Ares at the end of March 2025. OBL expects the total upfront proceeds to be in the range of A$310m–A$320m, subject to interim FX movements.

1H25 results webcastFollowing the release of its results for the six months to 31 December 2024, OBL will host a market briefing at 9:30am AEDT on Thursday 27 February 2025. To access this event, please register at https://webcast.openbriefing.com/obl-hyr-2025/.

Legal-Bay, the premier Pre Settlement Funding Company, announces today that they are expanding their FELA and railroad injury claims department due to an increase in railway worker personal injury claims and the recent wrongful death lawsuit filed against Norfolk Southern Railroad.

The Norfolk case was filed earlier this month on the second anniversary of the tragic East Palestine, Ohio train derailment and subsequent toxic spill where plaintiffs claim multiple lingering health issues, including seven deaths. The lawsuit also levels accusations against the EPA and CDC, alleging that neither organization carried out a proper cleanup, nor warned residents about the potential health risks, elevating fears that their sudden mysterious illnesses could progress into something more serious.

Train derailments are only one of many reasons railroad lawsuits are filed. Everyday commuters can be victims of criminal violence on subways, or be injured due to improperly maintained train cars or railway stations. Plaintiffs will normally file negligence suits against the rail line and even the city itself for failing to keep their passengers safe.

If you are a plaintiff in any type of active railroad injury litigation and need an immediate cash advance lawsuit loan against an impending lawsuit settlement, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Chris Janish, CEO, commented, “Our funding on FELA cases this year is up over 100%. Legal-Bay is putting a large focus on train accidents in light of recent national headlines. We have always been a leader in FELA cases because of our expertise and our ability to provide ample capital for the long haul on these cases.”

In addition to passenger lawsuits, there has also been an increase in FELA funding requests from railway employees within recent months. Legal Bay has even launched a new website specifically built for railroad FELA claims and railroad workers. The lawsuit funding company also secured more capital for railroad workers and employees covered under the FELA Act of 1908, which provides financial relief for railroad employees seeking workers compensation for an injury sustained on the job or in the yard.

If you are (or were) a railroad worker who has filed a lawsuit because of injuries you’ve suffered due to no fault of your own, or if you were injured due to negligence of your rail company or supervisor, or if you were hurt on the job because of faulty equipment or unsafe working conditions, then you may qualify for legal funding.

If you are a plaintiff or attorney involved in an active FELA railroad injury lawsuit and need an immediate cash advance lawsuit loan against an impending settlement, please visit our specialized FELA website HERE or call toll-free at 877.571.0405.

While railway workers need to take a few extra steps, most everyday victims of railroad injuries can file personal injury lawsuits. Damages in railroad injury cases are in line with other personal injury settlement awards such as reimbursement for lost earnings, medical expenses, and physical as well as mental pain and suffering.

Legal-Bay has been funding train accidents for the last 15 years and focuses much of their attention to certain cities and states: New York, NY; Newark, New Jersey; Boston, Massachusetts; Philadelphia, PA; Washington, D.C.; Atlanta, GA; Nashville, TN; Chicago, IL; and Los Angeles, CA to name a few. 

They are often referred to as one of the best lawsuit loan companies out there and the best lawsuit funding provider for railroad workers, in part because the lawsuit settlement loan company offers the quickest approvals and lowest rates industry wide. Contact Legal-Bay today or visit our specialized FELA website HERE to find out why we are considered the top lawsuit money lender around.

Legal-Bay advocates for victims of railroad injuries, but they provide settlement loan funding for all types of cases including personal injury, dog bites, slip and falls, car accidents, boat accidents, motorcycle accidents, bike accidents, truck accidents, and more.

Legal-Bay provides some of the best rates and fastest approvals in the industry, less than 24-48 hours in some cases. They offer free lawsuit evaluation on your settlement amount or case value, along with no out-of-pocket expenses or upfront costs. Their settlement funding loans have helped numerous plaintiffs by providing immediate cash in advance of a lawsuit’s anticipated monetary award. The non-recourse law suit loans—sometimes referred to as loans for lawsuit or loans on settlement—are risk-free, as the money doesn’t need to be repaid should the recipient lose their case. Therefore, the lawsuit loans aren’t really a loan, but rather a cash advance.

To learn more about Legal-Bay’s funding for FELA claims, railroad worker, railway passenger personal injury lawsuits, railroad lawsuit loans, rail worker personal injury pre settlement funding, railroad employees personal injury settlement loans, or railroad worker personal injury lawsuit loan funds, please visit the company’s website HERE to apply right now or call toll-free at: 877.571.0405 where friendly and helpful agents are standing by to answer your questions.

BNP Paribas’ Securities Services business, a leading global custodian with USD 13.7 trillion under custody, has partnered with global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR) to expand its global custody services, appointing Broadridge as service provider for its global securities class action services.

“As the Securities Services business of BNP Paribas, we are committed to delivering innovative and differentiating products and services to our clients. Broadridge brings advanced technology, market-leading information security and deep industry expertise that align with our goals, enhancing our clients’ experience and supporting their business,” said Christian Houillon, Head of Custody Product for Securities Services at BNP Paribas. “We will be able to harness Broadridge’s proprietary technology to identify, file and recover investment losses, alongside their extensive industry expertise.”

Broadridge provides a comprehensive, proprietary technology solution for global class action services that will help clients identify and act on asset recovery opportunities. This includes a seamless process for identifying, filing, and recovering investment losses, backed by Broadridge’s industry expertise.

“As the volume of securities class actions continues to rise, it’s crucial for the clients of BNP Paribas’ Securities Services business and other global financial institutions to leverage all available asset recovery opportunities,” said Steve Cirami, Vice President, Head of Corporate Actions & Class Actions at Broadridge. “Broadridge’s solutions will enable the clients of BNP Paribas’ Securities Services business to obtain all required information to support their decisions on claim recoveries, facilitate investor participation in settlements and support key business functions, delivering a seamless and impactful client experience.”

Investors have more recovery opportunities than ever before as the class action landscape continues to expand globally with more than 35 jurisdictions around the world adopting collective redress mechanisms for shareholders. In 2024 alone, there were more than 125 recovery opportunities and $5.2 billion in settlements. The ability to monitor all opportunities globally requires leading edge technology and expertise, particularly in jurisdictions where considerations of litigation can be complex to navigate.

Broadridge’s dedicated global class action services team comprises deeply knowledgeable and experienced securities litigators, claims administrators, claims auditors and data specialists, equipped to provide clients with unmatched end-to-end services, portfolio monitoring and claims filing and registering processes in global jurisdictions. Learn more about the team here.

About Securities Services at BNP Paribas (securities.cib.bnpparibas)

BNP Paribas’ Securities Services business is a leading global custodian providing multi-asset post-trade and asset servicing solutions to buy-side and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, its custody network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. As a pillar of BNP Paribas’ diversified banking model, Securities Services provides asset servicing solutions that are closely integrated with the first-class services of the Group’s other business lines, in particular those of Global Banking and Global Markets.

As of 31 December 2024, Securities Services had USD 13.7 trillion in assets under custody and USD 2.8 trillion in assets under administration.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com.

Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that Hugo Lestiboudois has joined the firm as Principal. Mr. Lestiboudois, who brings over 10 years of experience in developing and operating legal finance strategies, will work alongside Richard Levy, VPC CEO, CIO & Founder, and Chad Clamage, Managing Director, to advance the firm’s legal credit strategy.

“We welcome Hugo to the firm with great excitement,” said Levy. “I am confident that his experience will help us unlock further momentum in the rapidly expanding market for legal investing and address the growing demand for innovative funding solutions.”

VPC’s legal credit team, comprised of veteran litigators, legal finance investors, and seasoned private credit professionals, takes an asset-backed lending approach to the legal asset class, emphasizing downside protection and current income streams. With its deep expertise and extensive industry relationships, VPC is well-positioned to capitalize on market inefficiencies and pursue opportunities across the full spectrum of legal asset types and structures.

“I am thrilled to join the VPC team and help further scale the legal credit strategy,” Lestiboudois said. “With a highly diversified portfolio of asset-backed legal assets and robust risk management controls, VPC’s disciplined and innovative approach creates resilience against market volatility and enables us to excel in the legal credit market.”

Previously, Mr. Lestiboudois was a principal at Syz Capital where he oversaw the firm’s legal finance strategies. Prior to that, Mr. Lestiboudois led the Illiquid Investments Desk at IVO Capital Partners where he focused on European distressed and structured credit transactions. Earlier in his career, Mr. Lestiboudois focused on asset-backed financing in his role at AgFe and held analyst positions at Capital Management and BlackRock.

About Victory Park Capital

Victory Park Capital Advisors, LLC (“VPC” or the “Firm”) is a global alternative asset manager that specializes in private asset-backed credit. In addition, the Firm offers comprehensive structured financing and capital markets solutions through its affiliate platform, Triumph Capital Markets. The Firm was founded in 2007 and is headquartered in Chicago. In 2024, VPC became a majority-owned affiliate of Janus Henderson Group. The Firm leverages the broader resources of Janus Henderson’s 2,000+ employees across offices in 24 cities worldwide. VPC is a Registered Investment Advisor with the SEC. For more information, please visit www.victoryparkcapital.com.

Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports today that they have set aside a large portion of their pre-settlement cash advance funding capital specifically for plaintiffs of sexual harassment cases. Legal-Bay has vast experience with unlawful termination and wrongful unemployment lawsuits related to sexual harassment and retaliation, as well as racial, gender, or age-related discrimination, whether in the office or elsewhere. Based on recent court case filings, the premier funding firm anticipates even more wrongful termination lawsuit filings to come.

Legal-Bay delivers financial assistance to people who’ve recently found themselves unlawfully unemployed, providing cash advances to plaintiffs while their cases are tied up in litigation. Sadly, sexual harassment is all too common in corporate workspaces, and if a person on the receiving end of it loses their job because of it, loss of pay or benefits can add financial stress to an already emotional situation. Lawsuit loans can offer a bit of monetary help during a trying time.

Chris Janish, CEO, commented, “While it’s disconcerting to see an increase in sexual harassment filings, it’s heartening to know that people aren’t hesitating to file suit against their offenders. Many unlawfully terminated victims are unable to get new jobs right away, and sometimes a cash advance from Legal-Bay is the only way to pay the bills.”

If you’re an attorney or plaintiff in an ongoing wrongful termination, sexual abuse, sexual harassment, retaliation, racial, age, or gender discrimination lawsuit and require an immediate cash advance lawsuit loan from your anticipated lawsuit settlement, please visit our website HERE or call 877.571.0405.

Legal-Bay is an advocate for victims involved in sexual misconduct, sexual harassment, and sexual abuse cases. Their settlement loan programs offer immediate cash in advance of a plaintiff’s anticipated monetary award for many other types of sex crime cases such as clergy or Catholic Church sexual abuse cases, prison rape cases, police brutality, and more. The non-recourse lawsuit loans also help victims involved in unlawful termination and wrongful unemployment lawsuits, personal injury lawsuits, car and truck accidents, commercial litigation, verdict or judgment on appeal cases, medical malpractice, and more.

Legal-Bay’s programs are non-recourse lawsuit cash advances—sometimes referred to as loans for lawsuits or loans on settlement—and are risk-free, as the money doesn’t need to be repaid should the recipient lose their case. Therefore, the lawsuit loans aren’t really a loan, but rather a cash advance.

Legal-Bay has some of the quickest turnaround in the industry, normally getting plaintiffs cash-in-hand within 48-hours of filing an application. If you require money now, please visit the company’s website HERE or call 877.571.0405 where skilled agents are standing by. 

Today, the International Legal Finance Association is announcing its opposition to the Litigation Transparency Act of 2025, which would force public disclosure of all financing in civil cases in federal courts. 

The sweeping nature of the bill would harm small-scale inventors, startups, small and family-owned businesses, and individual Americans who partner with legal funders because they otherwise would not have the resources to assert their rights, protect their property, and defend their livelihoods.  This bill would force disclosure of the sensitive details of their legal strategies and is a blatant attempt to further tilt the legal system in favor of the biggest corporate players resulting in a dramatic reduction in civil litigation against them.  This bill would also partially nullify liability for America’s largest tech and insurance companies. 

Paul Kong, Executive Director, said: 

“The effect of the legislation is devastating to the economic health of our nation and the Rule of Law. The bill would harm small businesses that have been wronged by large corporations and are seeking redress in court. There should never be a financial barrier to entry to civil litigation, and if this law is enacted, that is exactly what will happen. Only the litigants with enough money to support large professional legal teams for months of litigation will have a chance to protect their intellectual property from Big Tech’s infringement or to force Big Insurance to pay rightful claims. It is no surprise that the US Chamber of Commerce, the country’s largest insurance industry groups, and Big Tech have expressed support for the bill, as they all stand to benefit from a system like that. They are eager to preserve their ability to wield massive legal teams and resources to bully those they have harmed. 

This bill is a harmful solution in search of a problem. Courts already have the authority to order disclosure of financing when relevant and are in the best position to determine the relevancy of any financing agreement to the merits of the litigation. In the overwhelming majority of cases, courts have held that the details of legal finance agreements are not relevant to the underlying merits of cases and should be protected rather than turned over to the opposition in litigation. 

The bill’s corporate champions are trying to scare up support by invoking the specter of malign foreign actors exploiting our legal system but they cannot cite any actual examples of this threat materializing, with good reason. As civil litigation experts have noted repeatedly, existing law, court rules, and ethical guidelines provide litigants ample ability to maintain control of their cases and ensure attorneys don’t breach their duties of loyalty and confidentiality. Courts and corporate defendants themselves are also equipped to guard against the release of sensitive information, including through the issuance of a protective order. Lawmakers should oppose this effort and instead stand with small businesses to defend our free enterprise system. 

ILFA opposes the Litigation Transparency Act and will seek to educate the Members of the Judiciary Committee and the House of Representatives on the dangers of this legislation and the true motives of its proponents.” 

About the International Legal Finance Association 

The International Legal Finance Association (ILFA) represents the global commercial legal finance community, and its mission is to engage, educate and influence legislative, regulatory and judicial landscapes as the voice of the commercial legal finance industry. It is the only global association of commercial legal finance companies and is an independent, non-profit trade association promoting the highest standards of operation and service for the commercial legal finance sector. ILFA has local chapter representation around the world. 

For more information, visit www.ILFA.com and find us on LinkedIn and X.

Burford Capital Limited (“Burford” or the “Company”), the leading global finance and asset management firm focused on law, today announces it will host an Investor Day on Thursday, April 3, 2025, in New York City, which will also be webcast live and available for replay. The presentation is scheduled to begin at 9.00am EDT.

Led by Burford’s executive management team and other key leaders, the event will provide a comprehensive strategic update on Burford’s business and will also serve as an immersive introduction for investors and analysts who are new to the Company.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and it works with companies and law firms around the world from its offices in New York, London, Chicago, Washington, DC, Singapore, Dubai and Hong Kong.For more information, please visit www.burfordcapital.com.

Counsel Financial, the nation’s leading provider of financing solutions exclusively for plaintiff law firms, is proud to announce the launch of its newly redesigned website and updated branding. The refreshed branding underscores the company’s commitment to providing accessible capital solutions to the plaintiffs’ bar while highlighting its expanded scope of services offered to capital providers who invest in law firms focused on contingent-fee litigation.

The updated website, CounselFinancial.com, features a streamlined design, enhanced functionality, and includes new sections detailing the company’s tech-enabled, end-to-end solutions for banks and investment funds. Visitors can now explore the site with ease, accessing detailed information on Counsel Financial’s array of financing solutions, resources and success stories from law firms nationwide.

“Counsel Financial has always been a pioneer in the legal funding space and this rebrand reflects our evolution while staying true to our mission of empowering plaintiff firms to achieve financial stability and success,” said Paul Cody, CEO. “The new website represents our commitment to growth, accessibility and continuing to be the trusted partner for law firms and capital providers.”

Unmatched Servicing Expertise

A standout feature of Counsel Financial’s offerings is its comprehensive servicing capabilities, designed to meet the complex needs of capital providers investing in law firm financing. With expertise in collateral monitoring and case valuation, Counsel Financial provides unparalleled servicing for portfolios secured by contingent fee interests. The company’s proprietary systems and dedicated team ensure accurate case tracking, timely reporting, and proactive management of legal fee receivables. Partnering with Counsel Financial allows capital providers to tap into the company’s 25 years of legal funding expertise, enabling them to maximize portfolio performance and mitigate risk effectively.

A Legacy of Innovation

Founded by attorneys for attorneys, Counsel Financial has provided over $1.5 billion in loans to plaintiff law firms since its inception. The company’s industry expertise, combined with its commitment to client success, has positioned it as a trusted partner for firms looking to grow their practices and manage financial hurdles effectively.

Visit CounselFinancial.com to explore the new website, learn more about the expanded product offerings, and discover how Counsel Financial can help your firm achieve its goals.

About Counsel Financial

Counsel Financial is the premier litigation financing company in the U.S., founded by attorneys in 2000. We operate with the belief that opportunities should never be limited by resources. Counsel Financial is dedicated to helping law firms and capital providers succeed and grow together in the evolving world of contingency-fee litigation.