par LF Legal Finance SE
LF Legal Finance SE: Distressed Finance - new options, new claims
Issuer: LF Legal Finance SE / Key word(s): Agreement/Development of Sales
LF Legal Finance SE: Distressed Finance - new options, new claims
17.09.2023 / 12:27 CET/CEST
The issuer is solely responsible for the content of this announcement.
The Frankfurt-based litigation financing company LF Legal Finance SE has secured further options on new cases under its new ‘Distressed Finance’ product: Normally, litigation financing companies finance payment claims and participate in the success of the case: If the case is won, the litigation financier receives a share of the amount claimed.
Legal Finance now also finances cases in which non-monetary claims are asserted, using the new ‘Distressed Finance’ model in return for a share of the assets in dispute.
Currently, Legal Finance has secured options in two cases involving international disputes over assets:
Legal Finance has an option to participate in a dispute over real estate. The property is not currently for sale. Under the ‘Distressed Finance’ model, Legal Finance will have an interest in the property if it finances and wins the litigation.
The other case also involves a non-monetary asset in a non-European country. Again, Legal Finance has acquired a binding option on the financing and has an interest in the asset in the event of a positive financing decision and a win in the litigation.
LF Legal Finance SE
Thurn-und Taxis-Platz 6
60313 Frankfurt am Main
Germany
Mail: info@legalfinance.online
Phone: +49 69 8700184-10
Fax: +49 69 8700184-19
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).
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