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Member Spotlight: Marc Grossman

Marc D. Grossman is a highly accomplished attorney and businessman with an impressive track record of success. Over the course of his career, he has consistently demonstrated his exceptional legal skills and business acumen, earning him billions of dollars across various ventures. With decades of experience under his belt, Mr. Grossman stands out as a true leader in his field.

His legal career began after graduating from the University of Michigan in 1989. He then went on to further his education by completing the prestigious JD/MBA program at both Brooklyn Law School and Baruch Business School. During this time, he also interned at the Law Department of the United Nations, gaining valuable experience in international law.

Since then, Mr. Grossman has made a name for himself as a Partner and Founding Partner at multiple law firms including Sanders Phillips Grossman LLC, Sanders Aronova Grossman Woycik Viener & Kalant PLLC, Sanders Grossman Aronova PLLC, Aronova & Associates PLLC, and Milberg Coleman Bryson Phillips Grossman PLLC. Throughout his career, he has been involved in high-profile product liability cases and has represented large groups of plaintiffs against major corporate defendants.

His expertise extends beyond the legal world as he also serves as a member of the Board of Directors for Shay Capital and Esquire Bank. Additionally, he is a Broadway producer and proud owner of a professional basketball team. With such diverse interests and achievements, it’s clear that Mr. Grossman is not only a talented attorney but also a well-rounded individual.

In summary, Marc D. Grossman is an accomplished attorney and businessman who continues to make an impact in various industries through his hard work, dedication, and impressive skillset. His passion for justice and pursuit of excellence have solidified his reputation as one of the most successful professionals in his field.

Company Name and Description:    Milberg Coleman Bryson Phillips Grossman, LLC

Company Website: milberg.com

Year Founded:  1965

Headquarters:  1311 Ponce de Leon Avenue, San Juan, Puerto Rico 00907

Area of Focus:  Mass Torts Litigation, Commercial Litigation, Defective Products, Environmental & Toxic Torts Litigation

Member Quote: “Victims’ rights are human rights. We must never forget that behind every corporate injustice, there are real people who have been hurt and deserve access to justice.”

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Community Spotlights

Member Spotlight: Andrew Bourhill

By John Freund |

As a former litigator who recently obtained his MBA, Andrew offers a unique perspective in his role of creating, developing, and maintaining business relationships with law firms and litigants as LF2 expands its commercial program.

Andrew is an Associate Director of Investments at LF2. In his role, Andrew works with the Underwriting and Investment team to both analyze and develop potential funding opportunities. Andrew received a Dean’s Merit Scholarship from Cardozo Law School and an MBA from Columbia Business School. Andrew practiced as a commercial litigator prior to entering the litigation finance industry.

Company Name and Description:  Lex Ferenda Litigation Funding LLC. We specialize in funding single commercial cases starting at $1 million.

Company Website: www.lf-2.com

Year Founded: 2020

Headquarters:  Rye, New York

Area of Focus: Business development and underwriting.

Member Quote: I’m grateful to be able to make an impact in such a dynamic industry, particularly as it continues to grow and enhance outcomes within and beyond the legal community.

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Community Spotlights

Member Spotlight: Stuart Price

By John Freund |

Stuart Price is the Chief Executive Officer, Managing Director and co-founder of CASL. Mr Price worked in the United Kingdom, the Middle East and Australia during his 30+ year career in banking and investment banking, legal and litigation finance. Mr Price has held senior positions in litigation finance for over a decade with a career highlight being the resolution of a class action against the Queensland State Government for ‘Stolen Wages’ for $190m, on behalf of over 12,000 First Nations peoples.  

Mr Price was instrumental in the establishment of The Association of Litigation Funders of Australia (ALFA), where he was the inaugural CEO and Managing Director from 2018. Mr Price continues as a Director of ALFA.

Mr Price has a 1st Class Honours Degree in Applied Mathematics from the University of St. Andrews, is a Fellow of the Institute of Chartered Accountants in England & Wales, a member of the Institute of Chartered Accountants in Australia & New Zealand, a Fellow of the Governance Institute of Australia and a Fellow of FINSIA.

Company Name and Description: CASL was founded in 2020 by John Walker and Stuart Price with the objective of creating a level playing field and providing access to the legal system for claimants to prosecute meritorious claims.

CASL is a significant litigation funder in the Australian market, raising investment capital of $156m in 2022 that represents one of the largest dedicated pools of capital to this market.

Company Websitehttps://www.casl.com.au/

Year Founded:  2020

Headquarters: Sydney

Area of Focus: Litigation Finance

Member Quote: CASL has one of the most experienced litigation finance teams which when combined with substantial financial resources, enables it to be a leading provider of litigation finance with local decision making.

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Community Spotlights

Member Spotlight: Sam Klatt

By John Freund |

Sam Klatt is the Chief Investment Officer at 10 East, where he is responsible for sourcing and managing investment opportunities.

Mr. Klatt has +20 years of experience investing in public equities real estate, private credit, private equity, and venture capital. Prior to founding Portage Partners and then 10 East, Mr. Klatt was a vice president at M.D. Sass, a private investment manager that focused on traditional and alternative investment strategies.

Mr. Klatt received an M.S. in Real Estate Development from Columbia University in 2010 and earned a B.A. in Economics from Johns Hopkins University with a minor in Entrepreneurship and Management. Mr. Klatt is also a Chartered Financial Analyst.

Company Name and Description: 10 East, led by Michael Leffell, allows qualified individuals to invest alongside a seasoned team with a decade+ historical track record of strong performance in litigation finance, private credit, real estate, niche venture/private equity, and other one-off investments that aren’t typically available through traditional channels.  

Benefits of 10 East membership include:   

  • Flexibility – members have full discretion over whether to invest on an offering-by-offering basis.  
  • Alignment – principals commit material personal capital to every offering.   
  • Institutional resources – a dedicated investment team that sources, monitors, and diligences each offering.  

10 East is where founders, executives, and portfolio managers from industry-leading firms diversify their personal portfolios. 

Company Website: 10east.co

Year Founded: 2011, as Portage Partners, rebranded as 10 East in 2022 

Headquarters:  New York

Area of Focus: Litigation finance, real estate, private credit, and niche venture/private equity. Emerging managers, independent sponsors, and one-off co-investments.

Member Quote: Our principals, partners and members have invested more than $100 million in litigation finance opportunities since inception—it’s a strategy where we often identify highly attractive risk/return asymmetry with the added benefit of being less correlated to the markets.

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