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Woodstock, NY—November 18, 2019, — Segue Cloud Services, a leading provider of cloud-based litigation finance management tools for the legal community, announced that it has appointed Kevin Flood, a proven business leader and former executive with the Coca-Cola Bottling System, as its new Chief Operating Officer. Flood will design and implement Segue Cloud Services’ ongoing business strategy, delivering both short- and long-term growth plans to build a robust organization serving attorneys and law firms…
The Law Funder Alleges Co-Founder is Neglecting to Pay His Portion of Judgment The Law Funder – a litigation funding company based in New York – is alleging that co-founder Mathew Sheldon is failing to pay back his portion of a $33.5MM judgment awarded to the funding company.  Please log in to read full articleLog In Register About View all posts by
In Bid for Greater Transparency, NAB Warn Shareholders of Mounting Legal Costs National Australia Bank (NAB) is facing a myriad of regulatory actions and lawsuits which is leaving company executives in a lurch. After voluntarily self-reporting potential compliance issues to regulators, the bank announced to shareholders in its annual report that it is facing mounting legal and financial pressure in the wake of revelations from the Hayne Royal Commission.  Please log in to read full article…
DELRAY BEACH, Fla., Nov. 12, 2019 /PRNewswire/ — DRB Financial Solutions, LLC (DRBfinancial.com), and its wholly-owned subsidiary U.S. Claims (USClaims.com), America’s premier pre-settlement funding company, today announced the two-year renewal of a $50M pre-settlement revolving credit facility.  The renewal comes amidst a string of financial transactions that have helped the company improve its offerings and foster further growth. Steve Bashmakov, the company’s Chief Financial Officer, commented, “This facility is being provided by one of our…
63% of In-House Counsel Report Increased Pressure to Reduce Costs Amidst a Lack of Resources A new survey by Konexo, the alternative legal services department of Aussie law firm Eversheds Sutherland, has found that nearly 2/3 of in-house counsel surveyed report increased pressure to reduce costs, while resources continue to dwindle. Yet despite this, GCs are loathe to outsource work to external counsel, instead looking for alternatives to the traditional law firm model. Please log in to read…
ORLANDO, Fla., Nov. 12, 2019 /PRNewswire/ — Momentum Funding, a premier legal, medical, and transportation finance company, is excited to announce and welcome Kaitlynn Diaz as a new Regional Account Executive. She will oversee business in Central Florida. She comes to Momentum with a Juris Doctorate from Ave Maria School of Law and has worked in the legal industry for the past six years. “We are very excited to have Kaitlynn join the team. She brings experience, a lot…
PARADISE, Calif., Nov. 12, 2019 /PRNewswire/ — Legal Bay Lawsuit Funding reports that residents of northern Californiawho have been affected by the slew of recent wildfires can apply for aid through the Wildfire Assistance Program. The $105 million fund was approved by the judge during PG&E’s Chapter 11 case, and will be made available via the company’s cash reserves. While the funding has been approved for victims of the 2017 wildfires and 2018’s Camp Fire, payouts may be delayed due to…
Why the Construction Industry is Ripe for Litigation Finance The global construction industry is one that is utilizing litigation finance to greater and greater degrees. With heavy CapEx, a high rate of legal disputes and low margins, construction firms and contractors are finding solace in third party litigation finance.  Please log in to read full articleLog In Register About John Freund View all posts by John Freund
LONDON 11 November 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team and entry into the Canadian market with the appointment John G. Booth, Ekin Cinar and Richard Asselin as Consultants. Ekin, with extensive experience in complex, high-value disputes involving commercial arbitration and litigation, is based in Toronto. Richard, a senior business professional with significant experience in Canada’s oil & gas…