Frankfurt-based announces its first litigation financing under the "distressed finance" model: The Legal Finance Group will finance a lawsuit for the reassignment of company shares and, if successful, will acquire a stake in the company.

Last week, Legal Finance announced the launch of a new, innovative financing product: Distressed Finance. The principle: Legal Finance finances a process that is not aimed at a claim for payment, i.e. the payment of money. Instead, Legal Finance participates in the success of the process, for example in the form of company shares or real estate.

The current case is international and complex: it involves the retransfer of shares in a company from a private individual. The company in dispute is valuable and has been 'stolen' from the claimant, including by deception, resulting in a six-figure loss to the claimant.

The defendant is solvent and tangible. Previous attempts to reach a settlement between the parties over a period of several months have been unsuccessful.

The chances of success of the claim have been described by lawyers as good. In particular, Legal Finance sees an opportunity to bring the case to a speedy conclusion through a settlement.

Legal Finance is financing the case in cooperation with its subsidiary and will participate in the event of success.

LF Legal Finance SE
Thurn-und Taxis-Platz 6
60313 Frankfurt am Main
Germany

Web:
Mail:
Phone: 10
Fax: 19
Company register: AG Frankfurt HRB 127394
LEI: 391200W89Q4BYWJ9VZ03

Legal Finance 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).