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EQS-News: Legal Finance SE: Further lawsuits filed in financed cases

Issuer: Legal Finance SE / Key word(s): Sales Result/Legal Matter
Legal Finance SE: Further lawsuits filed in financed cases

06.11.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Litigation financing company announces further lawsuits in financed cases. Two weeks ago, Legal Finance announced that a lawsuit had been filed in one of its litigation finance cases. In this case, Legal Finance pays all legal costs and, if successful, takes a stake in the company involved in the dispute.

Now for the next set of lawsuits: lawsuits have been filed in a number of other cases financed through the subsidiary (Düsseldorf, Germany). Again, these are international and complex cases, which have been reviewed by specialist lawyers and ultimately brought to court as no out-of-court settlement has yet been reached. In these cases, Legal Finance participates in the success of the proceedings.

Legal Finance finances the cases through its German subsidiary Legal Finance International GmbH and expects to receive significant cash inflows if the case is won. As in every case, financing decisions are based on careful analysis of potential and risk.

Legal Finance is also considering financing a number of other cases, including capital markets.
 

Legal Finance SE
Thurn-und Taxis-Platz 6
60313 Frankfurt am Main
Germany
Web:
Mail: ne
Phone: 10
Fax: 19
Company register: AG Frankfurt HRB 127394
LEI: 391200W89Q4BYWJ9VZ03

is a litigation financing company based in Frankfurt am Main, Germany, which invests in international legal claims and litigation. Legal Finance finances standard litigation, e.g. in Germany, as well as large international litigation, mass torts, speculative claims, insolvency claims, special proceedings, e.g. state liability, UDRP, URS, ADR and similar, enforcement and debt collection. Legal Finance finances, among others, through Legal Finance International GmbH (Düsseldorf) and Legal Finance Processing Ltd. (London).
 


Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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06/11/2023

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