Legal Finance SE
10.04.2024 - 06:30:07Legal Finance SE: New claims and update on funded cases
Issuer: Legal Finance SE / Key word(s): Market Report 10.04.2024 / 06:30 CET/CEST The issuer is solely responsible for the content of this announcement. Legal Finance SE announces that several new financing agreements have been concluded which will result in new lawsuits. The lawsuits are currently being prepared by specialised lawyers and will be filed in due course. The cases are international and have been thoroughly investigated by Legal Finance. Legal Finance finances international legal disputes, litigation and claims and participates in the success of the proceedings. One of the cases financed was recently concluded favourably. As part of a settlement, 76% of the claim was paid to the claimant. A settlement saves Legal Finance further (sometimes substantial) legal costs and is often a greater success than winning a case. Progress has also been made in some of the cases funded by Legal Finance: Oral hearings have taken place and we expect positive news in the near future. Legal Finance is also constantly considering new cases for funding, including international cases, in a variety of areas of law. Legal Finance SE Hanauer Landstrasse 204 60314 Frankfurt am Main Germany 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) 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. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |