Trending Now
Announcements Commercial

Legal-Bay Opens Nationwide Commercial Litigation Funding Division

August 20, 2019

Legal-Bay Opens Nationwide Commercial Litigation Funding Division

LOS ANGELES, Aug. 20, 2019 /PRNewswire/ — Legal-Bay LLC, the Lawsuit Settlement Funding Company, announced that they have launched a new lawsuit finance division for commercial litigation, lawsuit loans or advances, and attorney loans for law firms. Commercial litigation cases can be extremely complex and require expansive resources for both plaintiffs and law firms to fight. Legal-Bay feels this is an under-served market and plans to build a new division to accommodate the needs in the market. Commercial litigation loans were created to assist plaintiffs level the playing field against deeper pocket defendants, who can simply outspend them and make winning a case more difficult. Legal-Bay’s experience involving complex litigation will give hope to plaintiffs and middle market law firms that resources are available to prosecute a successful claim. Chris Janish, CEO of Legal-Bay, commented, “We are exciting to be expanding from our traditional personal injury and mass tort litigation to much larger commercial litigation involving complex cases that need large funding amounts. Typically, these cases have minimum requests of anywhere from $100K to $20MM and take more time to evaluate, and our network of experienced underwriters and investment bankers are eager to begin funding. We believe this is a service that will aid many plaintiffs and law firms in their quest for justice.” Legal-Bay has outlined a nationwide network of outside consultants and strategic partners to properly service their clients. Their network involves organizations from New York NY, New Jersey NJ, Texas TX, Florida FL, Arizona AZ, Nevada NV, California CA, Illinois IL, Minnesota MN, Pennsylvania PA, and Connecticut CT. Legal-Bay currently funds car accidents, personal injury cases, wrongful termination, medical malpractice, clergy sex abuse, discrimination, trips and slip and fall cases, mass tort litigations and many commercial litigation cases. However, the commercial litigation funding division will focus on larger commercial litigation cases or products such as: Whistleblower or Qui Tam Cases, Breach of Contract, Executive Wrongful Termination Cases, Judgment or Verdict on Appeal Cases, Attorney or Law Firm Loans or Financing of Case Costs up to $20MM, Intellectual Property Cases, Estate or Partnership Unwinds, Franchise Protection, Franchise Protection, Security Fraud or Finra Arbitration Cases, Real Estate Cases, Partnership Fraud, Insurance Bad Faith Claims, Patent or Copyright Infringement Cases, Hospital or Surgery Medical Malpractice, Wrongful Death, and any large civil lawsuits where the plaintiffs have already filed complaints.    If you are looking for pre-settlement cash from your commercial litigation lawsuit, large lawsuit loan for general working capital, or to inquire about specific case costs, please apply at: http://lawsuitssettlementfunding.com Legal-Bay has now secured additional funding capital for these and other types of commercial litigation cases, and encourages plaintiffs or law firms that have been denied funding in the past not to be discouraged about applying with Legal-Bay. Most of Legal-Bay’s commercial litigation funding programs are non-recourse lawsuit cash advances, also known as case funding. None of the programs should be considered to be a lawsuit loan, lawsuit loans, pre-settlement loans or a pre settlement loan; however each funding amount is different and traditional lawsuit loan terms may apply depending on the type of funding and jurisdiction. To learn more, or to apply for a commercial litigation cash advance, please visit: http://lawsuitssettlementfunding.com or call: 877.571.0405 where agents are standing by to hear about your specific case.  

Announcements

View All
Announcements Commercial

Loopa Finance Wins at the Lexology European Awards 2026 in the Litigation / General Counsel Category

By John Freund |

Loopa Finance has been recognized as the winner in the Litigation – General Counsel Team category at the Lexology European Awards 2026, one of the leading recognitions in the international legal sector.

The award was received in London by Ignacio Delgado, General Counsel Europe at the firm, on behalf of Loopa Finance’s European team, composed of Ignacio Delgado (General Counsel Europe), Marina Gouveia (Investment Manager), Fernando Pérez Lozada (Senior Investment Manager), and Fernando Folgueiro (Managing Partner).

The Lexology European Awards recognize outstanding legal teams across the region through a methodology that combines independent research, quantitative and qualitative analysis, and thousands of nominations supported by clients and industry peers, as well as the annual research conducted by the Lexology Index (formerly Who’s Who Legal) and Client Choice.

The selection process is based on performance evaluations related to effective communication, commercial understanding, technical expertise, strategic management, and team strength, and is supported by a global community of more than 940,000 subscribers.

This recognition positions Loopa Finance’s European team among the leading practitioners in complex litigation and strategic legal management in Europe.

“This award reflects the strength of a team operating across two continents that understands litigation not only from a legal perspective, but also through financial analysis and risk management. It is the result of collective work and a rigorous, strategic approach to structuring complex disputes,” said Delgado during the ceremony.

More Than an Award: Validation of a Model

The award comes at a time of consolidation for the firm. Loopa Finance recently completed its rebranding process, evolving from Qanlex to Loopa Finance and reinforcing an identity aligned with its growth in continental Europe and its broader international positioning.

It also coincides with the closing of Fund III, raising €65 million to finance complex litigation and arbitration across Europe and Latin America, significantly expanding the firm’s investment capacity and supporting the continued growth of its platform in the region.

This milestone adds to the firm’s recent rankings, including its Band 1 classification by Chambers & Partners in Latin America and Europe, its recognition as “Highly Recommended” by Leaders League across multiple jurisdictions, and the inclusion of members of its team among the Thought Leaders in Third-Party Funding by the Lexology Index. Together, these results confirm the strength of Loopa Finance’s model and the consolidation of its team as a reference in the strategic financing of disputes at an international level.

About Loopa Finance

Loopa Finance is an investment fund specializing in the financing and monetization of litigation and arbitration across continental Europe and Latin America, supported by a technology-driven model and rigorous risk analysis. The firm provides capital to cover legal costs or monetize ongoing claims through non-recourse structures, where the recovery of the investment depends exclusively on the successful outcome of the case, assuming the financial risk of the dispute while fully aligning its interests with those of clients and law firms.

Announcements Commercial

Pravati Capital Partners with SEI to Bring Litigation Finance to Registered Investment Advisors

By John Freund |

One of the oldest litigation finance firms in the United States has announced a strategic partnership aimed at expanding mainstream investor access to the asset class.

As reported by Business Wire via Yahoo Finance, Scottsdale-based Pravati Capital has partnered with financial services firm SEI to provide registered investment advisors with structured access to litigation finance as an alternative investment option. The collaboration will leverage SEI's distribution platform to make litigation funding opportunities available within advisor portfolios.

The partnership reflects growing institutional interest in litigation finance as an alternative asset class. Historically, litigation funding has been difficult for mainstream financial advisors to access on behalf of their clients, with the market largely dominated by specialized funds and institutional investors. The Pravati-SEI arrangement seeks to bridge that gap by creating a more accessible pathway for advisors seeking diversification through non-correlated investments.

The announcement underscores a broader industry shift as litigation finance continues to move from a niche strategy toward greater acceptance within traditional wealth management channels. As the global litigation funding market grows — projected to reach over $25 billion in 2026 — partnerships like this one may signal a new phase of institutional adoption.

Announcements Commercial

Nera Capital Secures £50M Asset Mandate

By John Freund |

Nera Capital has strengthened its litigation finance platform with the onboarding of a new South America-based funding partner committing £50 million across litigation finance and legal assets. The mandate not only expands Nera’s available capital base but also sees the firm formally appointed as asset manager for the new funds, reinforcing its growing role as both originator and portfolio steward within the UK litigation market.

In a press release, Nera Capital announced that the £50 million commitment will be deployed across a range of UK-based claims, with the firm responsible for underwriting, structuring, capital deployment, and ongoing portfolio management. The capital will be allocated in line with Nera’s established investment criteria and risk management framework, targeting carefully selected legal assets. The funding partner, described as having an “extensive track record” in high-yielding special situations investments uncorrelated to traditional asset classes, brings prior experience in litigation finance across South America.

Robin Grant, CFO at Nera Capital, emphasized that the partnership aligns with the firm’s disciplined approach to litigation finance and enhances its ability to deliver attractive, risk-adjusted returns to investors. Aisling Byrne, Director at Nera Capital, highlighted the funder’s blend of financial and legal expertise, noting that the asset manager appointment reflects international confidence in Nera’s ability to identify viable claims and manage them through to resolution.

Established in 2011 and headquartered in Dublin, with offices in Manchester and Holland, Nera Capital provides law firm lending across consumer and commercial claim portfolios and is a member of the European Litigation Funders Association.