Announcements

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

Announcements

722 Articles

Segue Cloud Services Introduces Segue 3.0 Platform

By John Freund |

Segue Cloud Services, a division of Woodstock Capital Holdings, has released its Segue 3.0 platform, a cloud-based platform which  combines all pre-settlement funding workflows and processes, data recovery, and digitized document management features. Segue is a leading provider of cloud-based management tools for the legal and specialty finance community. It has served litigation finance companies and law offices around the country since 2010.

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Litigation Funder Affiniti Finance Raises £250m for Litigation and Dispute Funding

By John Freund |

Affiniti Finance, the UK’s leading Consumer Credit litigation funder announces a £250m capital raise deal with a multi-billion dollar US based fund, which it said would ‘significantly’ increase its ability to fund the large volume of mid-range cases, specifically in the financial mis-selling and personal injury sector in the UK.

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Legal-Bay Pre-Settlement Funding Announces Expansion of Car Accident and Personal Injury Departments Due to Rising Amount of Cases

By John Freund |

WEST CALDWELL, N.J.Aug. 24, 2020 /PRNewswire/ — Legal-Bay, the premier Pre Settlement Funding Company, announced today that they have expanded their car accident and personal injury departments due to the influx of new filings during the first half of 2020. Legal-Bay is one of the leading lawsuit loan companies in the industry, and offers a very fast approval process.

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Defrauded Investor Scores Victory in Qatari Court Saga

By John Freund |

DOHA, QatarAug. 24, 2020 /PRNewswire/ — The Swifthold Foundation, which was defrauded by Sheikh Fahad bin Ahmad bin Mohamed bin Thani Al Thani, a member of the Qatari Royal Family, and his Qatari company, Fast Trading Group, has been patiently waiting for the Qatari Enforcement Court to enforce Swifthold’s $6 billion U.K. High Court Judgment since the Qatari Trial Court issued a Writ of Execution to formally recognize the Judgment in Qatar in the Summer of 2019.

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Litigation Capital Management (LCM) announces its third corporate portfolio transaction

By John Freund |

Litigation Capital Management Limited, a global provider of disputes funding, publicly listed on the London Stock Exchange’s AIM market, is pleased to announce it has executed an agreement to finance a corporate portfolio transaction to provide a significant finance facility to a subsidiary of a global building and infrastructure contractor to fund a portfolio of its construction claims.

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CrosstownHelp™: BridgePoint Financial announces Expropriation and Business-Loss Consulting for those affected by delayed LRT project

By John Freund |

TORONTOAug. 20, 2020 /CNW/ – In response to the more than 3,000 small businesses negatively affected by the Eglinton Crosstown LRT project, BridgePoint Financial has launched CrosstownHelpTM, an expropriation and business-loss consulting and financing program to help recoup losses and restore financial and business stability to those impacted by the delayed infrastructure project.

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Tribeca Capital Group, LLC, Converts COVID-19 Wrongful Termination Claims into Cash with Lawsuit Fundings

By John Freund |

NEW YORKAug. 12, 2020 /PRNewswire/ — Tribeca Capital Group, LLC, a pioneer in pre-settlement litigation funding, announces that it is now advancing funds to claimants who have lost their livelihoods through wrongful termination, the employer’s mishandling of wage and benefit claims, and other employment issues arising from the pandemic crisis.

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Legal-Bay Announces Update to California Wildfires Negligence Claims

By John Freund |

SACRAMENTO, Calif.Aug. 13, 2020 /PRNewswire/ — Legal Bay Lawsuit Funding reports that California utility company PG&E recently admitted negligence in the 2018 Camp Fire that killed 84 people and destroyed the entire town of Paradise. The fire devastated hundreds of lives and wreaked billions of dollars in property damage, and was the single most destructive wildfire in California’s history.

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DLA PIPER AND LCM COLLABORATE WITH NEW THIRD-PARTY FUNDER FOR DLA PIPER CLIENTS

By John Freund |

DLA Piper has entered into a non-exclusive arrangement with publicly listed disputes financier Litigation Capital Management (LCM), and a newly formed litigation funder, Aldersgate Funding Limited to offer clients of DLA Piper access to £150m for funding large-scale litigation and arbitration. This will be offered on a financial risk-free (non-recourse) basis with a streamlined approval process embedded within the offering.

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Pravati Capital Launches Fifth Specialized Litigation Finance Fund with $200 Million

By John Freund |

PHOENIXAug. 11, 2020 /PRNewswire/ — Pravati Capital, leading litigation finance pioneer and consulting firm, today announced the launch of its fifth specialized litigation finance investment fund with $200 million, following the success of its four previous funds launched since 2013. Pravati Investment Fund V (Fund V) will allow for the first time non-US and US-tax exempt international qualified investors the opportunity to invest in a specialized litigation finance alternative investment vehicle.

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District Court in Poznań Grants Third Injunction against Mariusz Świtalski to Secure Forteam Investments’ Claims

By John Freund |

WARSAW, Poland, August 5, 2020 — Forteam Investments Ltd., an investment company controlled by U.S. private equity firm Delta Capital Partners Management LLC (“Delta”), which is seeking over PLN 300 million from Mariusz Świtalski and companies he controls, has secured a third court injunction.

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Pravati Capital Completes Expansion to Key Markets and Adds Accomplished New Hires to its Distinguished Leadership Team

By John Freund |

NEW YORK, July 29, 2020 — Pravati Capital, leading litigation finance pioneer and consulting firm, today announced four new members to its esteemed leadership team, each complementing the firm’s outstanding services and legal insight. Joining Pravati Capital, Bruce Cohen, Douglas Smith, Scott Potter and Shane Ham will bolster the company’s litigation practice with specialized experience to better serve clients.

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Litigation funder Validity Finance secures $100M in new capital, adds first time corp. counsel from Fried Frank

By John Freund |

NEW YORK (July 28, 2020) – Looking to meet growing demand among businesses and law firms to finance commercial disputes, litigation funder Validity Finance has raised $100 million in additional capital. The firm also announced the arrival of experienced transactional attorney Jason Listhaus to fill the new role of in-house corporate counsel as its portfolio continues to grow.

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Bryant Park Capital Advises ProMed Capital Ventures in Sale to Experity Ventures

By John Freund |

NEW YORKJuly 20, 2020 /PRNewswire/ — Bryant Park Capital (“BPC”), a leading middle-market investment bank, announced today that ProMed Capital Ventures, LLC (“ProMed” or the “Company”), a leading provider of financing to medical practices and facilities in the United States, has been sold to Experity Ventures, LLC, the parent company for several specialty finance and legal funding related services businesses in the United States, including Nexify Holdings, Medsolve Financial Group, and Thrivest Legal Funding, LLC dba Thrivest Link. The financial terms of the transaction were not disclosed.

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HFW, KPMG AND AUGUSTA VENTURES JOIN FORCES TO SUPPORT BUSINESSES IMPACTED BY COVID-19

By John Freund |

HFW, KPMG and Augusta Ventures are pleased to announce a non-exclusive project to assist companies facing problems caused by the Covid-19 pandemic and lockdown. Together, they will provide a global ‘one-stop shop’ that can quickly support companies needing assistance by facilitating funding for supporting litigation and arbitration from Augusta, and a package of legal assistance, asset tracing and enforcement measures from HFW and KPMG.

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