Litigation Finance 2.0: A Primer
Your department and company can monetize claims not to pay for litigation, but to meet cash needs of the enterprise.
April 01, 2015 at 05:32 PM
6 minute read
At Burford Capital, where I'm the CEO, we see an increasing number of companies using pending litigation claims to support asset-based financing. This is not financing to pay for legal costs. Rather, it is the monetization of pending claims to raise capital for other corporate purposes.
Why is it important to understand the difference? Because this approach to litigation finance— Litigation Finance 2.0, if you will—provides in-house counsel with new opportunities to add value in their organizations.
Here's how.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250