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Balanced Bridge Ramps Up Funding Efforts to Help Plaintiffs & Attorneys Quickly Monetize Settled Cases

By John Freund |

Balanced Bridge Funding, LLC (“Balanced Bridge”), a specialty finance firm based outside Philadelphia, is ramping up their legal funding efforts to provide capital to plaintiffs and attorneys working on a contingency fee basis. Balanced Bridge’s post-settlement funding product is specifically designed to help bridge applicants from the time of settlement to final distribution of payment.

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TriMark Legal Funding Announces Extension of $3,500 Automatic-Approval Pre-Settlement Funding to Aid People Impacted by Coronavirus/COVID-19

By John Freund |

EUGENE, Ore.April 29, 2020 /PRNewswire-PRWeb/ — TriMark Legal Funding LLC, one of the nation’s leading pre-settlement funding companies since 2003, announced today that, due to overwhelming popularity, it has extended its financial relief initiative originally launched on March 24th to provide $3,500 in immediate cash assistance to people nationwide who are currently involved in civil lawsuits and have been negatively impacted by Coronavirus/COVID-19. No ending date has been set.

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Lex Mundi Publishes Interactive Global Attorney-Client Privilege Guide For General Counsel

By John Freund |

HOUSTONApril 28, 2020 /PRNewswire-PRWeb/ — Lex Mundi, in conjunction with members of the Lex Mundi Litigation, Arbitration and Dispute Resolution Group, has published the first-of-its kind interactive guide – Lex Mundi Global Attorney-Client Privilege Guide. This one-of-a kind guide allows users to compare common and civil law attorney-client privilege information for more than 65 jurisdictions around the world — all in a side-by-side customized report.

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USClaims Again Named Best Consumer Litigation Funding Provider

By John Freund |

DRB Financial Solutions, LLC, is pleased to announce that its subsidiary, USClaims (www.USClaims.com), America’s premier pre-settlement funding company, was recently chosen as America’s Best Consumer Litigation Funding Provider by the audience of Corporate Counsel, the leading national legal and business news publication for in-house counsel at global companies.

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BioCardia Announces Litigation Financing in the Case Captioned Boston Scientific Corp., et al., v. BioCardia Inc.

By John Freund |

SAN CARLOS, Calif., April 14, 2020 (GLOBE NEWSWIRE) — BioCardia, Inc. (Nasdaq: BCDA), a leader in the development of comprehensive solutions for cardiovascular regenerative therapies, today reported it has entered into an agreement for litigation financing which has been filed today with the Securities and Exchange Commission on Form 8-K.

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Financial Poise™ Announces “Commercial Litigation Funding-101” a New Webinar Series Premiering May 12th at 1:00 PM CST through West LegalEdcenter™

By John Freund |

The first episode in this series is titled “An Introduction to a New Yet Old Funding Alternative” and is co-produced by West LegalEdCenter™. It will feature Jeremy Waitzman (Sugar Felsenthal Grais & Helsinger LLP); Dave Kerstein (Validity Finance LLC); Christopher Freeman (Burford Capital); and Joel Cohen (Stout).

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Legal-Bay Lawsuit Funding Announces “Feed or Fund” Donation / Promotion to Feed Families in April

By John Freund |

CALDWELL, N.J.April 13, 2020 /PRNewswire/ — Legal-Bay, the nation’s leading lawsuit settlement funding company, announced today that they have committed to providing coronavirus relief with their new “feed or fund” program. Plaintiffs who may be seeking legal funding are now being given even more incentive to apply for a settlement loan with this latest unprecedented offer.

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Robert Capper Joins Ankura as Senior Managing Director, Bolstering Firm’s Complex Investigations Expertise

By John Freund |

NEW YORKApril 7, 2020 /PRNewswire/ — Ankura, a global business advisory and expert services firm, today announced its appointment of Robert Capper as Senior Managing Director. Based in London, Mr. Capper bolsters Ankura’s complex investigations capabilities for clients in Europe, the Middle East and Africa (EMEA), Asia and globally. A former member of the British Intelligence Services, Mr. Capper specializes in high-profile sovereign disputes and asset tracing, as well as fraud and white-collar crime investigations.

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Baker Street Funding Is Experiencing A 50% Increase In Lawsuit Funding Applications Due To COVID-19 Pandemic

By John Freund |

Baker Street Funding announced today as a result of the effects of the global pandemic, COVID-19 and because of the unprecedented global shutdown of business activities, many people (including people who depended on Baker Street Funding) do not have the opportunity to earn an income. Baker Street Funding has increased their funding applications by 50%.

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Stans Energy Signs Cooperation Agreement with Finance Providers

By John Freund |

TORONTO, ON / ACCESSWIRE / April 6, 2020 / Stans Energy Corp. (HRE.V)(HREEF) (“Stans” or the “Company”) is pleased to announce that it has entered into a Cooperation agreement with its Finance Providers to secure financing for the Award recognition and enforcement proceedings. This Agreement is an extension of the existing Litigation funding agreement of March 2018, and its main terms provide for the following:

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USClaims Again Named Best Consumer Litigation Funding Provider

By John Freund |

DELRAY BEACH, Fla.April 6, 2020 /PRNewswire/ — DRB Financial Solutions, LLC, is pleased to announce that its subsidiary, USClaims (www.USClaims.com), America’s premier pre-settlement funding company, was recently chosen as America’s “Best Consumer Litigation Funding Provider”  by the audience of Corporate Counsel, the leading national legal and business news publication for in-house counsel at global companies.

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Forbes Ventures Plc – Board Changes and Operational Update

By John Freund |

Forbes Ventures announces that Kirk Kashefi and Igor Zjalic have resigned as Non-executive Directors of the Company with immediate effect.  Additionally, Igor Zjalic has resigned as a director of Forbes’ subsidiary, Forbes Ventures Investment Management Limited.  The resignations of Kirk and Igor are by mutual consent and follow Forbes’ announcement of 2 March 2020, which confirmed that the Company’s future strategy would focus on the securitisation of litigation funding assets, via the establishment of a Securitisation Cell Company (SCC) in Malta.

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Delta Capital Partners Announces Liquidity Solutions for Law Firms, Businesses and Individual Claimants

By John Freund |

Chicago, IL, March 30, 2020 — Delta Capital Partners Management LLC (Delta), a private equity and advisory firm specializing in litigation and legal finance, today announced its ability to provide bespoke liquidity solutions to law firms, businesses, private investment funds, and individual claimants affected by recent macroeconomic developments, including those caused by the COVID-19 pandemic.

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The world’s largest dispute resolution finance team continues expansion with senior appointments

By John Freund |

SYDNEY, 16 March 2020: Omni Bridgeway Limited, (formerly known as IMF Bentham ASX:IMF), has welcomed talented new colleagues to the team as the company continues its international expansion. The appointments include global leadership positions following the merger of IMF and Omni Bridgeway in November 2019 and important roles in Australia in response to increased appetite for dispute finance solutions. Omni Bridgeway can also announce it is expanding its footprint into New Zealand, where the firm is already active in several actions.

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Press release: Litigation Capital Management attracts blue chip investors to new US$150m Third-Party Fund

By John Freund |

Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, is pleased to announce the first close of a new third party fund of up to US$150 million, LCM Global Alternative Returns Fund (the Fund). In accordance with the Company’s strategy and as previously communicated to the market, the close of this Fund marks LCM’s return to managing third-party funds, following the building of a permanent source of balance sheet capital through the equity markets.

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Equitable Bank partners with BridgePoint Financial Services on secured credit facility

By John Freund |

TORONTO , March 5, 2020 /CNW/ – Equitable Bank, Canada’s  Challenger Bank™, is pleased to announce it acted as the sole lead arranger of a $60 million senior secured credit facility to support the recapitalization and growth of BridgePoint Financial Services Inc. (BridgePoint), Canada’s leading provider of specialized loans for the legal services market with a focus on loans to individuals involved in personal injury claims and loans/credit facilities to law firms.

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Defrauded Investor Continues to Await Enforcement by Qatari Courts

By John Freund |

DOHA, Qatar, Feb. 27, 2020 — The Swifthold Foundation, which was defrauded by Sheikh Fahad bin Ahmad bin Mohamed bin Thani Al Thani 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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RPX Corporation Announces Licensing Transaction with Excalibur IP

By John Freund |

SAN FRANCISCOFeb. 26, 2020 /PRNewswire/ — RPX Corporation today announced that it has secured license rights to Excalibur IP’s patent portfolio for a syndicate made up of a subset of the RPX membership, while also reserving rights for additional and future members. Excalibur IP is a subsidiary of Altaba Inc., the company formerly known as Yahoo, Inc. prior to the sale of Yahoo!’s operating businesses to Verizon in 2017. The global portfolio consists of more than 2,000 patents owned by Excalibur IP.

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