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Legal-Bay Lawsuit Funding Announces Increased Commitment to Product Liability Funding

May 7, 2024

Legal-Bay Lawsuit Funding Announces Increased Commitment to Product Liability Funding

Legal-Bay LLC, The Lawsuit Pre Settlement Funding Company, announced today their newfound focus on product liability claims for plaintiffs and lawyers involved in ongoing mass tort litigations. Due to increasing product liability lawsuit loan requests, Legal-Bay has committed more capital to secure even more specialized lawsuit funding for the law firms and plaintiffs out there with product liability cases due to their complex and time-consuming nature.

Legal-Bay’s knowledge of product liability lawsuits and experience with mass tort litigations for various products and defective products makes them the leading lawsuit funding firm to call for a complex product defect case involving defective products or product rejection. This experience, as well as Legal-Bay’s overall capital, gives them the reputation of the best lawsuit funding firm that exists today.

The lawsuit loan company’s team of experts studies each national litigation, often leading the legal funding industry on which cases to begin funding. Many other lawsuit loan companies and lawsuit cash advance places and loan companies do not fund these types of cases due to the complex and time-consuming nature. However, this is just part of why Legal-Bay remains so committed to helping people who have suffered as a result of a defective surgical product or medical device gone wrong, including those that migrate in the body or cause other long-term damage.

If you are wondering what to do when a large corporation will fight your case or if a large corporation or company is fighting your claim, don’t hesitate to contact Legal-Bay today. To learn more about product liability lawsuit funding, product liability lawsuit claim loans, product liability lawsuit money, or defective product settlement funding amounts, please visit our new product liability funding site, at: https://lawsuitssettlementfunding.com/product-liability.php 

Currently, Legal-Bay is expanding their product liability wing as they review various product liability cases and product liability class action suits with national law firms for legal funding options.

Below is a list of just some of the product liability mass tort cases that Legal-Bay’s team is actively monitoring or has funded in the past:

  • IVC Filter
  • Hernia Mesh
  • Exactech Implant Recall
  • Hip Implants
  • Knee Implants
  • CPAP Recall
  • Birth Control
  • JUUL E-Cigarettes
  • J&J Talc Products
  • Round Up Weed Killer
  • Medical Devices
  • 3M Ear Plugs
  • Paraquat
  • Just For Men Hair Products
  • Chemical Hair Straightener Products
  • Essure Birth Control IUD
  • Permanent Makeup Claim
  • Eyebrow Tint Claim
  • Essure Birth Control IUD
  • Allergen or Saline or Silicone Breast Implants

Legal-Bay is currently reviewing and assessing case worth or proposed settlement amounts for many other bad products or defective products not listed above.

Chris Janish, CEO commented on today’s announcement, “Legal-Bay has been built on product liability funding.  We are the leading and best mass tort funding company in the country, in my sincere opinion.  We work with the top lawyers on each specific litigation, and see cases and litigations from start to finish.  We are a guiding light for many victims who may need guidance on a product liability attorney to choose, and funding for surgical needs due to defective product or legal funding just to pay bills.  We do it all and take substantial risk—unlike most other litigation finance companies—to help our clients and law firms alike.” 

To learn more, or to receive a free case evaluation on your bad product claim or defective product suit claim, or if you are looking for a product liability lawyer or product liability law firm please visit Legal-Bay’s new website built for these types of claims at: https://lawsuitssettlementfunding.com/product-liability.php 

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Consumer

Legal Bay Provides 2026 Mass Tort Litigation Update on Talc, Depo-Provera, and Cartiva Claims

By John Freund |

Pre-settlement funding provider Legal Bay LLC has released its 2026 outlook on three major mass tort cases it continues to monitor and fund, covering talc ovarian cancer litigation, Depo-Provera brain tumor claims, and the emerging Cartiva toe implant lawsuits.

As reported by PR Newswire, Legal Bay CEO Chris Janish said talc litigation against Johnson & Johnson has "clearly reached a mature phase," with multiple bankruptcy attempts dismissed and cases returned to traditional proceedings. The company believes 2026 may finally bring a meaningful global resolution, noting that J&J's stock price has nearly doubled from litigation-driven lows.

The Depo-Provera docket, which alleges the injectable contraceptive caused meningioma brain tumors, is moving into a bellwether testing phase. Courts are increasingly scrutinizing litigation funding agreements in these cases for disclosure. Janish acknowledged that "disclosure requirements are becoming a larger part of complex litigation."

The third area of focus — Cartiva synthetic cartilage toe implants — represents an early-stage medical device docket involving reported implant failures and revision surgeries. Legal Bay noted growing plaintiff interest in this emerging litigation.

The company emphasized that its non-recourse funding agreements do not interfere with attorney-client relationships or settlement authority, and that clients owe nothing if they do not secure a recovery.

Consumer

New York Law Journal Breaks Down the Consumer Litigation Funding Act Ahead of June Effective Date

By John Freund |

New York's Consumer Litigation Funding Act is set to reshape how pre-settlement funding operates in the state when it takes effect on June 17, 2026. A new analysis examines the law's key provisions and their implications for funders, plaintiffs, and the broader litigation finance market.

As reported by the New York Law Journal, the law — signed by Governor Kathy Hochul in December 2025 — introduces sweeping requirements for consumer litigation funding companies doing business in New York. Among the most significant provisions is a cap limiting a funder's total recovery to 25% of the gross recovery of the litigation, a measure designed to curb excessive costs to plaintiffs and reduce friction in settlement negotiations.

The act also requires all consumer litigation funding companies to register with the state, undergo character and fitness evaluations, and post a bond, creating a public registry of authorized funders. Funding agreements must be written in plain language and include detailed payment schedules listing the funded amount and charges due at 180-day intervals.

Plaintiffs will gain a 10-day rescission period to cancel agreements, and funders are expressly prohibited from influencing settlement decisions, legal strategy, or the timing of case disposition. The law also bars funders from referring clients to specific attorneys or medical providers and restricts misleading advertising to prospective plaintiffs.

The legislation does not apply to agreements executed before the June 17 effective date. New York is the first major state to enact such a comprehensive regulatory framework for consumer litigation funding, and its approach is being closely watched as other states consider similar measures.

Consumer

Arizona Personal Injury Firm Separates Back Office for $125 Million Outside Investment

By John Freund |

Rafi Law Group, an Arizona-based personal injury firm, is carving out its back-office operations into a management service organization to accept $125 million from an undisclosed outside investor.

As reported by Bloomberg Law, the firm founded by Brandon Rafi in 2015 has represented approximately 100,000 clients in car and truck accident cases. The deal involves separating the firm's non-legal business functions into a standalone entity that will receive a minority stake from what is described as "a US-based investment manager that has experience with legal investment."

The move follows a growing trend of law firms exploring alternative business structures to attract outside capital. The article references similar transactions involving firms like Rimon PC, which sold its back-office operations to AlpineX (now Briefly) in 2019, and McDermott Will & Emery's preliminary discussions about outside investment. Major litigation funders including Certum Group and Fortress Investment Group have been active participants in this evolving space.

Rafi envisions the MSO eventually servicing up to a thousand law firms, using the capital infusion to fund national expansion, invest in technology, and build partnerships with other personal injury practices. The deal underscores how management service organizations are becoming an increasingly popular vehicle for outside investors seeking exposure to the legal industry without running afoul of bar rules that restrict non-lawyer ownership of law firms.