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International Legal Finance Association Adds Arcadia Finance as New Member

By Harry Moran |

The International Legal Finance Association (ILFA) today announced the addition of Arcadia Finance to the only global association of commercial legal finance companies. 

Launching in June, Arcadia provides specialized services for U.S.-based commercial and patent litigation, domestic and international arbitration, and funding for a wide variety of other litigation-based assets, from mass torts and law firm lending to patent acquisition. 

“ILFA is pleased to welcome the newly founded Arcadia Finance to its growing membership base,” said Shannon Campagna, ILFA’s interim Executive Director. “Arcadia’s team is one of the most experienced in the industry, and the firm will play a crucial role in promoting the highest standards of operation and service for the commercial legal finance sector worldwide.” 

Arcadia was founded by three litigation finance industry veterans with over 25 years of combined experience and who have invested over $425 million across 80+ deals. The trio formerly led various legal and investment units at ILFA member firms, and each holds the title of managing director at Arcadia: Dave Kerstein, former managing director and senior investment officer at Validity and senior investment manager at Bentham IMF, now Omni Bridgeway; Ronit Cohen, former portfolio counsel at Validity and legal counsel at Bentham IMF; and Joshua Libling, former director of risk analytics at Validity. 

“At Arcadia Finance, we believe that innovative financial solutions are a crucial part of the legal industry and capable of benefitting all participants in their pursuit of just outcomes,” Joshua Libling, Managing Director, stated. “ILFA is the preeminent industry association and we’re proud to join it and to share our expertise in pursuit of responsible and sustained evolution of our industry. We look forward to working alongside other leaders to set new standards and expand the possibilities of legal finance.” 

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. 

About Arcadia Finance 

Arcadia is a U.S. commercial litigation, patent litigation, and domestic and international arbitration-focused legal funder offering solutions to all participants in the legal market. Led by industry veterans with over $425 million invested across over 80 deals, the firm offers customized financial solutions for all — from litigation boutiques to AmLaw firms and corporations. Arcadia’s mission is to invest in meritorious litigation, and with backing from multiple and flexible capital providers, the team find new ways to help clients and law firms finance, monetize, and share risk on their legal assets. Arcadia aims to make securing litigation funding as fast and convenient as possible. Going beyond traditional litigation finance agreements, Arcadia provides “frictionless funding” through the adaptable and transparent partnerships necessary for clients and law firms to make the most well-informed decisions. At every stage from pre-litigation to appeal and enforcement, Arcadia has the experience, flexibility, and capital to assist. 

For more information, visit https://www.arcadiafin.com/meet-our-team

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Harry Moran

Harry Moran

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Announcements Commercial

International Legal Finance Association Adds Certum to Mark 30 Member Companies

By Harry Moran |

The International Legal Finance Association (ILFA), the only global association of commercial legal finance companies, announced that it has added its 30th member company to the association –Certum Group. 

Certum Group specializes in comprehensive alternative litigation strategies, such as litigation buyout insurance, judgment preservation insurance, litigation funding, class action settlement insurance, adverse judgment insurance, and claim monetization. The Texas-based Certum Group team includes litigation and insurance professionals along with risk mitigation specialists. 

“We are delighted to join ILFA and help it engage with policymakers interested in litigation finance,” said William Marra, a Director at Certum Group who leads the company’s litigation finance efforts. “Funding helps people and companies with strong legal claims get better access to the courts. We are excited to work with IFLA and ensure policymakers continue to encourage rather than restrict companies’ access to commercial legal finance.” 

“We’re delighted that Certum is joining ILFA’s growing membership”, said Rupert Cunningham, ILFA’s Global Director of Growth and Membership Engagement. “Certum already provides a lot of thought leadership on litigation funding and other matters, and they will make a great addition to ILFA’s work to support the sector in the US and 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.

Announcements Commercial People Moves

Angeion Group Makes Significant Additions to its Board of Directors

By Harry Moran |

Angeion Group, a leading provider of legal notice and settlement administration services, today announced the addition of three independent members to its Board of Directors. This milestone underscores Angeion's strategic growth trajectory and commitment to strong governance, innovation, and operational excellence. 

The newly appointed board members are three highly accomplished executives whose leadership has shaped the modern legal and professional services industries: 

  • Rich Antoneck, Chief Executive Officer of Veritext Legal Solutions, leads the largest deposition and alternative dispute resolution firm in North America. Antoneck brings more than 20 years of private equity-backed executive leadership, including prior roles as CFO of Accuity Solutions and SourceMedia. 
  • David Perla, Vice Chair of Burford Capital, is a recognized innovator in legal services. Formerly President of Bloomberg Law and co-founder of Pangea3 (acquired by Thomson Reuters), Perla oversees policy, marketing, and industry engagement at Burford. 
  • Lou Andreozzi, former Chairman of Bloomberg Law and CEO of LexisNexis North American Legal Markets, is a legal tech pioneer. He has driven growth and product innovation at Martindale-Hubbell and continues to serve as a trusted advisor and board member across private equity and legal-tech ventures. 

"This board brings together an exceptional combination of legal acumen, business strategy, and operational expertise," said Lee Minkoff, Managing Director at Renovus Capital Partners, the private equity sponsor of Angeion Group. "Angeion is operating at the forefront of legal administration, and this step reinforces our confidence in the company's leadership, vision, and continued trajectory of operational excellence and growth." 

Our growth has always been fueled by bold thinking and relentless execution, and the addition of Rich, David, and Lou takes that to the next level," said Steven Weisbrot, President and CEO of Angeion Group. "Each has fundamentally shaped the way legal services are delivered - from litigation finance to legal tech and professional services at scale. Their insights will help us sharpen our strategy, deepen client impact, and push the boundaries of legal administration. 

About Angeion Group 

Angeion Group is an industry leader in legal notice and settlement administration, known for its use of technology, analytics, and hands-on client support to execute efficient, compliant, and effective legal administration services. With a proven track record in class action, mass tort, and bankruptcy administration, Angeion continues to redefine industry standards through precision, transparency, and innovation.

Announcements Consumer

Legal-Bay Launches Innovative Attorney Case Cost Funding

By Harry Moran |

Legal-Bay Pre-settlement Lawsuit Funding, a longtime leader in presettlement and legal funding, has unveiled a new financing program designed to help attorneys cover the high costs of building and preparing cases for trial without relying on bank loans or credit lines.

Case costs can include everything from medical records to expert witnesses to life care plans to court fees. Legal-Bay's funding lessens the upfront financial strain by providing capital that's only repaid if the lawsuit is successful, and gives legal professionals fast, flexible access to extra money when they need it most. The program allows attorneys to secure resources for experts, depositions, court filings, and other necessary expenses without tying up firm assets or tapping into their own expense accounts.

Chris Janish, CEO of Legal Bay, says, "Legal-Bay's attorney or law firm case cost funding program is tailored to help small and medium firms get the ball across the goal line to win big cases. We are a resource for lawyers nationwide to utilize case cost funding when cash flow is tight, without long underwriting processes, credit checks or monthly payments.  Best of all, our non-recourse funding means you only pay if you win the case."

If you're a lawyer or law firm in need of extra case cost funding in advance of your case's anticipated settlement award, you can apply HERE or call: 877.571.0405

With nearly 20 years of experience in legal finance, Legal-Bay has earned the trust of thousands of attorneys and law firms across the country. The company's commitment to fast approvals, transparent terms, and case-first evaluations has made it a go-to resource for professionals seeking a smarter way to manage litigation costs.

Legal-Bay is one of the best legal funding companies in the industry, known for their helpful staff and quick turnaround. They fund almost every type of lawsuit including personal injury, slips and falls, sexual discrimination, assault, or abuse, motor vehicle accidents, wrongful incarceration, and more. While sometimes legal funding is referred to as loans on lawsuit or lawsuit loans, there are no credit checks or collateral required. The money is an immediate cash advance against a plaintiff's anticipated settlement award, not a conventional loan. The non-recourse lawsuit funding is risk-free, as the money doesn't need to be repaid should the recipient lose their case.

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