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Community Spotlight:  Maz Ghorban, President, Rockpoint Legal Funding

By John Freund |

As President of Rockpoint Legal Funding, Maz Ghorban brings over 25 years of leadership experience spanning the legal services, call center, and software industries. With a proven track record of scaling private and public companies, Maz drives Rockpoint’s mission to empower plaintiffs by providing critical funding, accessible medical treatment, and operational efficiencies for law firms.

Based in Los Angeles, Maz oversees Rockpoint’s innovative offerings, which include pre-settlement and post-settlement funding, plaintiff and litigation funding, and medical lien purchases. He is also leading the launch of Rockpoint Probate Funding, a groundbreaking initiative aimed at providing financial relief to beneficiaries and executors navigating the complex probate process. This service enables heirs to access funds for urgent expenses such as medical bills, funeral costs, and daily living needs, bridging the gap during inheritance delays.

Before joining Rockpoint, Maz served as Executive Vice President and Business Unit CEO at Alert Communications, where he enhanced operational efficiencies for law firms nationwide by leading the largest legal-only intake call center in the United States. Prior to that, he was Vice President of Global Services at AbacusNext (now Caret), a premier provider of practice management solutions for law and accounting firms. His leadership roles also include serving as Vice President of Corporate Strategy and M&A at OnSolve, a leader in emergency mass notification solutions.

Earlier in his career, Maz held senior management roles at West Corporation and Raindance, where he focused on post-sale operations and corporate strategy. As Senior Vice President of Corporate Strategy at MIR3, he spearheaded mergers and acquisitions, including the successful sale of the company to Veritas Capital. With a comprehensive understanding of the legal services lifecycle, Maz has dedicated two decades to supporting plaintiff and defense firms with case acquisition, case management, IT/technology solutions, and firm operations.

A recognized thought leader in the legal and financial services industries, Maz frequently shares his expertise on topics such as litigation funding, corporate strategy, and operational excellence. Outside of his professional endeavors, Maz is a passionate Pittsburgh Steelers fan who enjoys teaching boxing, playing musical instruments, and spending quality time with his family.

Under Maz’s leadership, Rockpoint Legal Funding continues to set industry benchmarks for innovation, excellence, and client satisfaction. His strategic vision and unwavering commitment position the company as a trusted partner for plaintiffs, law firms, and beneficiaries seeking comprehensive financial solutions in the legal sector.

Company Name and Description:  Rockpoint Legal Funding provides tailored financial solutions for plaintiffs and law firms, offering critical funding to individuals involved in litigation, including personal injury and employment cases. By bridging financial gaps during the legal process, Rockpoint empowers plaintiffs to access necessary medical care and living expenses while helping law firms streamline operations and maximize case outcomes.

Company Website: https://rockpointlegalfunding.com/

Year Founded: 2015

Headquarters:  Serving clients across the United States, with a strong presence and specialized focus in California.

Area of Focus: When individuals face financial challenges during the litigation process, Rockpoint Legal Funding provides essential solutions to bridge the gap. By offering pre-settlement and post-settlement funding, as well as medical lien purchasing, Rockpoint enables plaintiffs to access necessary medical care and cover living expenses without the financial strain.

Law firms also benefit from Rockpoint’s tailored funding solutions, which streamline operations and improve case outcomes. With a commitment to empowering plaintiffs and supporting legal professionals, Rockpoint Legal Funding plays a vital role in facilitating access to justice while driving efficiency and innovation in the legal funding industry.

Rockpoint continues to expand its impact through initiatives like Rockpoint Probate Funding, addressing financial needs during the complex probate process. For more information, visit Rockpoint Legal Funding.

Member Quote: “Don’t count the days, make the days count.” – Muhammad Ali

About the author

John Freund

John Freund

Commercial

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Commercial Law Firm Corner Special Features Thought Leadership

Should Courts Encourage Litigation Funding?

By Ken Rosen |

The following was contributed by Ken Rosen Esq, Founder of Ken Rosen P.C. Ken is a frequent contributor to legal journals on current topics of interest to the bankruptcy and restructuring industry.

In many Chapter 11 cases, the debtor’s estate holds valuable litigation claims, which can be a key source of recovery. However, pursuing these claims can be daunting when the defendant has substantially greater financial resources. Well-funded defendants may use aggressive litigation tactics to exploit the estate’s limited means.

Unsecured creditors, often receiving only token recoveries, may be hesitant to approve further legal spending. Debtor’s counsel, wary of nonpayment if litigation fails, may also be reluctant to pursue claims. Contingency fee arrangements can reduce estate risk, but they shift risk to counsel—particularly when facing a resource-rich defendant.

To gain creditor support, more than the committee counsel’s confidence may be needed. Litigation funding can bridge the gap. It provides capital to pursue claims without draining estate resources, helping to fulfill Chapter 11’s core goals: preserving going concern value and maximizing creditor recovery, as recognized by the Supreme Court.

Litigation funding is especially valuable when the estate lacks liquidity. It enables the debtor to pursue meritorious claims against stronger opponents, discouraging defense strategies aimed at exhausting the plaintiff through expensive discovery and motion practice.

The Funder’s Evaluation Process:

  1. Legal Merits – Assessing the strength of claims based on facts, evidence, and precedent.
  2. Recovery Potential – Estimating damages or settlement value to ensure adequate return.
  3. Litigation Costs – Forecasting expenses to trial or resolution.
  4. Risk Analysis – Evaluating the defendant’s ability to pay, jurisdictional issues, and delays.
  5. Independent Review –Funders conduct rigorous due diligence before committing capital.

A funder’s involvement serves as a “second opinion” validating the case. Their willingness to invest can bolster confidence in the claim’s merits and justify some estate contribution. It can serve as a soft endorsement of the litigation’s potential value. When a party seeks authorization for litigation funding it should be viewed by the Bankruptcy Court as weighing in favor of approval.

Whether or not funding is obtained, the terms of any arrangement should be redacted/sealed and remain confidential—shared only with the Court and key constituent counsel. The rationale for proceeding without funding should likewise remain undisclosed. Keeping defense counsel in the dark preserves strategic advantage.

Conclusion:

Litigation funding can be a powerful tool for Chapter 11 estates, enabling pursuit of valuable claims, minimizing financial strain, and supporting reorganization efforts. This strategy aligns with Chapter 11’s purpose and can significantly enhance the likelihood of a successful outcome. Key constituents and the court should recognize that.

Commercial Deals

Ramco’s Cristina Soler on the Benefits of Monetizing Arbitration Awards

By Harry Moran |

As LFJ covered yesterday, the availability of legal funding is having a significant impact on the world of arbitration, with funders offering a variety of services from financing the initial claim to supporting claimants through the enforcement of awards.

In an interview with Confilegal, Cristina Soler, CEO of Ramco Litigation Funding, discusses the growing use of award monetization in arbitral proceedings and the increasing adoption of litigation funding both in Spain and across Europe. Confilegal spoke with Soler at the 11th edition of the Open de Arbitraje in Madrid, where she participated in a panel discussion with Emma Morales (Simmons & Simmons), Damian Vallejo (Dunning Rievaman & Macdonald LLP), Carlos Iso (SACYR). Lourdes Martínez de Victoria Gómez (Departamento de Arbitrajes Internacionales), and María Rodríguez (ACCIONA).

In the interview, Soler highlights that the end of any arbitration proceedings is never marked simply with a party obtaining an award, as the enforcement of that award is often a long and expensive process. Soler explains that funders like Ramco can provide support in one of two ways: either by providing the financing to cover the legal costs of enforcement, or through the monetization of an award where it is sold or assigned to the funder for an upfront payment.

Soler emphasises that the main benefits of award monetization are the immediate provision of liquidity to the claimant and the mitigation of any risk involved in the complex enforcement process. She also goes on to explain that award monetization has become more sophisticated with different payment structures available and a growing secondary market where these awards are bought and sold.

More insights from Soler are available in the full interview on Confilegal’s website.

Commercial Legal Innovation

JurisTrade CEO Discusses Litigation Asset Marketplace Opportunities

By Harry Moran |

As LFJ covered in March of this year, JurisTrade launched the first phase of its Litigation Asset Marketplace offering over $70 million in litigation funding opportunities, with the aim of bridging the gap between available capital and active cases in need of financing.

In an interview with Global Finance, JurisTrade’s CEO, James Koutoulas discusses the company’s new marketplace, explaining the benefits it offers to both investors and plaintiffs who find themselves in need of additional funding during a case. 

Koutoulas describes the platform as “the first secondary marketplace for litigation assets”, with the marketplace designed to allow investors to buy and sell these opportunities just like tradeable securities. Koutoulas says that this will generate “two or three turns on these cases”, with the flexibility of this model allowing “investors to pick when they want to come in, like VC investors pick the A-round or C-round.”

Koutoulas also clarifies that the marketplace is not targeting retail investors, as the minimum stake is set at $500,000. Instead JurisTrade’s platform is focused on offering these opportunities to institutional investors and family offices, highlighting that due to the variety of cases “every investment is very bespoke.”