Legal Finance SE Signs Letter of Intent for High-Value Litigation Financing

Legal Finance SE has embarked on a new venture through its subsidiary, Legal Finance International GmbH, by signing a Letter of Intent to finance a significant claim for damages. The claim, valued at nearly EUR 700,000, is currently under detailed investigation, with promising prospects for success. This legal finance initiative targets a dispute involving a renowned luxury car dealer and an insurance company.

The company is optimistic about the outcome after a preliminary review indicated good chances of success. Legal Finance SE will cover all legal expenses, including lawyers' and experts' fees and court costs, in return for a contingency fee ranging between 35% to 55% of the claim's proceeds if won. This strategic move is part of Legal Finance SE's broader engagement in financing various legal disputes and claims in different stages of review.