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Former Boies Schiller Flexner Lawyers Launch Premier Litigation Boutique Roche Cyrulnik Freedman LLP

NEW YORK, Jan. 15, 2020 /PRNewswire/ — Kyle Roche, Jason Cyrulnik and Vel Freedman today announced the launch of a premier litigation boutique, Roche Cyrulnik Freedman LLP (RCF) (www.rcfllp.com). RCF’s 12 former Boies Schiller Flexner litigators, including two equity partners, represent the first breakaway firm from Boies Schiller Flexner LLP since that firm’s inception in 1997.

RCF opens its doors with 15 lawyers from top law firms that include Boies Schiller; Paul, Weiss; Robbins Geller; and another major, New York-based law firm. The RCF team brings a breadth of experience leading high-stakes litigation for both plaintiffs and defendants in class actions, securities litigation, and many other complex commercial disputes. The New York and Miami-based firm aims to disrupt the big-law model through its approach to clients, cases and its own lawyers.

“In today’s fast-paced and dynamic global environment, clients require innovative and tech-savvy legal counsel to help resolve high-stakes business disputes. We are building a unique, forward thinking firm that can keep pace with that change,” said Kyle Roche, one of the founding partners.

“Our firm combines high-stakes plaintiffs’ work with a strong base of bet-the-company defense work to help clients tackle a wide array of complex and challenging matters,” said Jason Cyrulnik, a former Boies Schiller equity partner and one of RCF’s founding partners.

RCF is handling cases in burgeoning areas of the law like cryptocurrency and cannabis litigation.  The firm is handling two of the largest cryptocurrency disputes ever brought pursuing both a multibillion-dollar dispute over stolen bitcoin in Florida and another multibillion-dollar class action against the companies and individuals accused of manipulating the price of Bitcoin.

RCF has already implemented innovative funding solutions, including flat-fee, success-based offerings, defense-side contingency matters, equity in start-ups, plaintiff-side contingency cases, litigation funding, and hybrid cases that are part hourly and part contingency.  RCF has strong relationships with litigation funders and leverages those relationships to help clients get the best results and to align incentives for clients and the firm.

RCF also has a strong commitment to transparency to its own lawyers. It has a developed a compensation model that downplays the value of equity in place of offering above-market rewards to lawyers at all seniority levels for their business generation, their litigation talent, and their commitment to achieving efficiency and results for the benefit of the firm’s clients.

Vel Freedman, also from Boies Schiller, and one of the firm’s co-chairs , added, “we attracted top talent by bringing in the type of cases lawyers aspire to handle, and will retain that talent and grow our practice by both fairly and transparently rewarding our lawyers and delivering real results to our clients.”

“We’re aiming for the best way to run a new law firm,” said Ted Normand, a former equity partner at Boies Schiller who will also serve as RCF’s other co-chair. “If you’re bright and entrepreneurial, Roche Cyrulnik Freedman is where you want to work.”

RCF launches with a hand-picked group of lawyers from Boies and other litigation firms, including:

RCF Partners

  • Jason Cyrulnik (Boies Schiller)
  • Joseph Delich (Paul Weiss)
  • Katherine Eskovitz (Boies Schiller)
  • Paul Fattaruso (Boies Schiller)
  • Vel Freedman (Boies Schiller)
  • Amos Friedland (Boies Schiller)
  • Nathan Holcomb (Boies Schiller)
  • Ted Normand (Boies Schiller)
  • Kyle Roche (Boies Schiller)

RCF Counsel

  • William Dzurilla (Boies Schiller)
  • Constantine Economides (Robbins Geller)

RCF Associates

  • Richard Cipolla
  • Stephen Lagos (Boies Schiller)
  • Alex Potter (Boies Schiller)
  • Stephanie Scutti (Boies Schiller)

RCF expects to continue its growth in 2020 by offering partner compensation that rewards significantly above market for business generation and provides above-market associate compensation, including participation in the firm’s exciting contingency upside. The firm also offers true flexibility for highly qualified lawyers who wish to maintain work-life balance.

The firm’s offices are located at: 99 Park Ave, New York, New York and 200 South Biscayne Boulevard, Suite 5500, Miami, Florida.

SOURCE Roche Cyrulnik Freedman LLP

Related Links

http://www.rcfllp.com

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Announcements Commercial Legal Innovation

Sentry Expands Free Funding Market Search for Litigators

By John Freund |

Sentry Funding’s free tool enabling litigators to instantly search the funding market on behalf of clients has been expanded.

Sentry’s free ‘decision in principle’ feature enables lawyers to evidence to clients that they have conducted a broad market search, even if funding is not ultimately taken out.

Having deployed £125m in funding across a range of case types, Sentry now has access to an even broader funding marketplace, covering 34 global jurisdictions. Finance is provided by 13 funders, five of which are members of the Association of Litigation Funders.

With the recent addition of Sentry’s first US-based funder, the US offering will now be expanding over the next few months. 

A faster process

Sentry has deployed the latest technology to make the search for funding even easier. 

  • The intuitive application process now only asks questions relevant to previous answers, saving lawyers time.
  • The commercial marketplace has been redeveloped with 63 new data points added to the funder criteria matrix - improving the accuracy of case / funder matching
  • Sentry has also begun building out its AI capabilities, starting with an automated auditing tool for live case progression audits. 

Tom Webster, chief executive officer at Sentry Funding, said:

‘By broadening our reach and speeding up the process, we’re making it even easier for lawyers to raise funding. We’re also giving litigators an easy way to show clients they have fully researched the market, rather than just approaching one or two funders. 

‘The service is free to use, so even if clients decide they do not ultimately want funding or if none is available for that case, for the lawyer, it makes sense to use our “decision in principle” feature, so they can put evidence on file that they did check the market.’

Sentry Funding is an SaaS (software as a service) technology provider that gives solicitors access to a diverse marketplace of litigation funders. It works with solicitors, funders and third-party providers to ensure claimants are getting the most efficient service for their funding needs. 

The Sentry Portal also acts as a case management system that runs a transparent digital case file for solicitors, funders, after-the-event insurance providers, barristers, cost lawyers and other relevant third parties.

Announcements Commercial

NorthWall Capital Hits €2.9 B AUM on Private Credit Momentum

By John Freund |

NorthWall Capital has rocketed past €2.9 billion in assets under management after pulling in an additional €1.6 billion of institutional capital in 2025 alone. The London-based alternative credit manager says the surge reflects allocators’ intensifying hunt for scaled, multi-strategy platforms as Europe’s banks retrench and borrowers seek bespoke sources of credit.

A press release from NorthWall Capital details first-close totals across four distinct strategies. The flagship Credit Opportunities fund secured €731 million—already eclipsing its prior vintage—while the newly launched Senior Lending vehicle raised $503 million, translating to roughly $750 million of deployable firepower once leverage is applied. Asset-Backed Opportunities collected €252 million for collateral-rich loans in sectors underserved by traditional lenders, and the specialist Legal Assets platform locked down $169 million to extend the firm’s law-firm lending programme.

Founder and CIO Fabian Chrobog said the fundraising validates “the consistency of our approach” and NorthWall’s ability to craft solutions that resonate with investors and counterparties alike. With headcount slated to hit 40 by year-end, the firm plans to lean further into complex, situational credit born of bank deleveraging, regulatory shifts and sponsors’ need for certainty of execution.

Announcements Commercial People Moves

Victory Park Expands Legal Credit Leadership with Maleson Promotion

By John Freund |

Victory Park Capital (VPC), a global alternative asset manager specializing in private credit, has announced that Justin Maleson will expand his role to Managing Director, co-heading the firm’s legal credit investment strategy. The promotion underscores VPC’s ongoing investment in its legal finance capabilities and follows Maleson’s initial appointment in 2024 as Assistant General Counsel.

An announcement from Victory Park Capital details Maleson’s new responsibilities, which include sourcing, analyzing, and managing investments across legal assets, while maintaining oversight of the firm’s legal operations. He joins Chad Clamage in co-leading the strategy, working alongside team members Hugo Lestiboudois and Andrew Pascal, under the continued oversight of VPC CEO and founder Richard Levy.

Maleson brings a strong background in litigation finance and commercial law to the position. Before joining VPC, he served as a director at Longford Capital, where he specialized in originating and managing litigation funding transactions. His earlier tenure as a litigation partner at Jenner & Block further deepened his exposure to complex legal matters, equipping him with the expertise needed to navigate the nuanced legal credit space.

VPC’s legal credit team emphasizes an asset-backed lending model, prioritizing downside protection and predictable income streams. The firm aims to capitalize on inefficiencies within the legal funding market by leveraging its internal expertise and broad network of relationships. With Maleson’s appointment, VPC signals its intent to further scale its legal credit strategy, positioning itself as a key player in the evolving legal finance sector.

Maleson’s elevation comes at a time of increasing sophistication in litigation finance, where experienced legal minds are playing a pivotal role in portfolio construction and risk management. As VPC bolsters its leadership, the move may foreshadow further institutionalization of legal asset investing and heightened competition in a maturing market segment.