A Philadelphia judge has declined to toss a litigation funder‘s lawsuit that alleges a solo practitioner failed to distribute settlement proceeds to the lending company after his client took out a cash advance to pursue a personal injury claim.
Philadelphia Court of Common Pleas Judge Ramy Djerassi on Thursday denied Philadelphia attorney Louis Jay Arnold’s motion to dismiss the case Thrivest Legal Funding v. Arnold, which is being handled in Philadelphia’s commerce program. The decision to deny the attorney’s motion for judgment on the pleadings allows Thrivest’s breach of contract and tortious interference claims to move forward.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]