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Announcements Consumer

Legal-Bay Pre Settlement Lawsuit Funding Expects Numerous Multi-million Dollar Settlements In Defective Takata Airbag Cases

MIAMI, March 12, 2019 /PRNewswire/ — Legal-Bay, The Pre Settlement Funding Company, reports today that the ongoing legal saga concerning Takata airbags isn’t over yet. Plaintiffs are still filing suit against major car manufacturers including Ford, Mazda, and Toyota, citing injuries that have resulted from faulty airbags in their vehicles.

The automotive giants have come under fire in recent years for manufacturing, distributing, and/or selling certain vehicles which contained allegedly defective air bags manufactured by the Takata Corporation. The faulty devices have ruptured upon inflation, causing damage to the vehicle and/or not deployed at all, causing injury—and in some cases death—to car occupants. Four major car manufacturers concluded a class action lawsuit against Takata with over $550 million in payouts in 2017, but additional lawsuits are currently being filed.

If you are a prospective plaintiff for that has sustained injuries due to faulty airbags or other car or truck accidents, Legal-Bay can help you.

Chris Janish, CEO of Legal-Bay, says, “The Takata Airbag cases have been lingering for some time. It is tragic that some of the car and truck accidents resulted in wrongful death cases, and it seems Takata is starting to take some responsibility. However, many personal injury cases requiring surgery are still moving through the court system throughout the country.”

Legal-Bay, one of the leading lawsuit funding companies, along with their funding partners, remains consistent in their dedication to helping clients receive cash funding for their legal needs. Their ample, knowledgeable staff is available to quickly evaluate cases for the fastest pre-settlement funding in the industry.

If you are involved in a pending lawsuit and need cash advanced to you now, you may apply at: http://lawsuitssettlementfunding.com.

Legal-Bay’s programs are non-recourse lawsuit cash advances, also known as case funding, which means you only repay the settlement advance if you win your case. None of the programs should be considered to be a lawsuit loan, lawsuit loans, settlement loans, settlement loan, pre-settlement loans, or a pre-settlement loan.

To apply now for lawsuit settlement funding go to the company’s website at: http://lawsuitssettlementfunding.com or call the company’s toll free intake line at: 877.571.0405 where agents are standing by.

SOURCE Legal-Bay LLC

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Announcements Comercial

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 Comercial 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.

Announcements Consumer

Golden Pear Upsizes Corporate Note to $78.7M Amid Growth Plans

By John Freund |

Golden Pear Funding has extended and upsized its investment-grade corporate note to $78.7 million, further bolstering the firm's capacity to serve the expanding litigation finance sector. The New York-based funder, a national leader in both pre-settlement and medical receivables financing, said the proceeds will support working capital and fuel strategic growth initiatives.

A press release from Golden Pear outlines how the capital raise reflects continued investor confidence in the firm’s business model. CEO Gary Amos noted that the infusion is critical as Golden Pear seeks to scale alongside the “rapidly expanding litigation finance market.” CFO Daniel Amsellem added that the new funding aligns with the company’s capital allocation strategy, aimed at optimizing operational efficiency and executing strategic projects.

Brean Capital, LLC acted as the exclusive financial advisor and sole placement agent on the transaction.

Founded in 2008, Golden Pear has funded more than $1.1 billion to over 87,000 clients and remains one of the largest specialty finance companies in the U.S. Its business model spans legal case funding and medical receivables purchasing, with backing from a network of private equity partners that provide institutional support for continued expansion.