Posts Tagged ‘Funding’

Lawyers protest low level of legal aid funding

Lawyers protest low level of legal aid funding

Beginning this month, legal aid lawyers in Abbotsford are withdrawing duty counsel services, to protest the provincial government’s low funding of legal aid.

Read more on Abbotsford News

BREAKING: Rattner Settles With Cuomo For Million

Steve Rattner and Andrew Cuomo have reached a settlement: Rattner will pay $ 10 million, according to the Wall Street Journal. That’s $ 16 million less than Cuomo hoped for when he sued the former founding manager of Quadrangle and former auto czar Steve Rattner for $ 26 million and demanded his immediate lifetime ban from the securities industry a month ago.

Read more on Business Insider

Be the first to comment - What do you think?  Posted by Sitememos Admin - January 5, 2011 at 10:33 pm

Categories: Legal Help   Tags: , , , , , ,

U.K.: Justice for Asbestos Disease Victims Requires Mesothelioma Research Funding

U.K.: Justice for Asbestos Disease Victims Requires Mesothelioma Research Funding














Mesothelioma Applied Research Foundation Logo


Santa Barbara, CA (PRWEB) March 5, 2010

The Mesothelioma Applied Research Foundation today publicly praised the United Kingdom’s Ministry of Justice for its progressive and constructive new position on asbestos disease.

Last week, the U.K.’s Minister of Justice, Jack Straw, announced that, along with the vast legal aspects of the asbestos cancer, mesothelioma, the government has an obligation to also address its medical aspects. With this announcement, the U.K. recognizes that the industrial legacy of asbestos, from which all of society has benefited, creates an obligation on the part of society and the government to help those who now bear the burden — suffering and loss of life from asbestos-caused disease.

Therefore the U.K. government has committed to support a “National Centre for Asbestos-Related Disease, a collaborative network of funded researchers whose core purpose would be to advance medical research into the prevention, cure and alleviation of asbestos-related disease and primarily mesothelioma.”

Not only would development of effective mesothelioma treatments serve justice, it would also significantly reduce the costs of litigation, death and disability benefits, and healthcare. Recognizing this, the U.K. insurance industry has also pledged £3 million towards the National Centre for Asbestos-Related Disease.

“This is exactly what the Mesothelioma Applied Research Foundation has been urging in the United States the past ten years,” says Christopher Hahn, the Foundation’s executive director. “Mesothelioma and other asbestos related diseases are a fundamental problem of social justice. And a just solution to that problem requires medical research to develop effective treatments to end the suffering and save lives. It is encouraging to see that the U.K. is getting it; we hope the U.S. will catch up soon.”

Mesothelioma is a malignant tumor of the lining of the lung, abdomen or heart caused by asbestos. Medical experts consider it one of the most aggressive of all cancers. For decades it was regarded as untreatable, deadly and hopeless; and so, in a sad, self-fulfilling prophecy, the need for research to develop effective treatments was mostly ignored. For the Mesothelioma Applied Research Foundation and today’s patients, their families, and the millions of Americans who in the last five decades have been exposed to asbestos and are at risk for the cancer, this is unacceptable. The Foundation believes in a cure for mesothelioma, and is committed to funding the research critically-needed to understand and improve treatment of it.

In addition, the Mesothelioma Applied Research Foundation provides patients and families with the most up-to-date information on mesothelioma treatments, clinical trials and medical referrals. The Foundation hosts the annual International Symposium on Malignant Mesothelioma, which unites doctors, researchers, patients and families, legal advocates, interested pharmaceutical companies, union representatives and other concerned individuals to share information and advance meso research. The Foundation also leads the effort in Washington, D.C. to gain federal investment in mesothelioma research funding and to ban the further use of asbestos. For more information visit the Mesothelioma Applied Research Foundation’s website at http://www.curemeso.org.

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vocus logo U.K.: Justice for Asbestos Disease Victims Requires Mesothelioma Research Funding©Copyright 1997-2010, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Related Mesothelioma Uk Press Releases

Be the first to comment - What do you think?  Posted by Sitememos Admin - December 23, 2010 at 10:15 pm

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Lawsuit Cash Advance Funding in 7 Steps

Lawsuit Cash Advance Funding in 7 Steps

A lawsuit cash advance is basically an advance on your potential future lawsuit settlement. It is advances by a lawsuit cash advance company who is not affiliated with your attorney.

1. Lawsuit cash advance funding is an option available to anyone with a pending lawsuit. You need to have an attorney and already have a filed lawsuit.

2. An advance on your lawsuit is considered non recourse financing, meaning that under no circumstances do you need to repay the amount if you lose the case. Make sure that this agreement is understood by your lawsuit lender.

3. Your attorney is not able to give you an advance due to the conflict of interest. The company that advances you the money should be completely independent.

4. Lawsuit loan rates vary so be sure to check with the funding company what their rates are and ask for an amortization schedule which breaks down the interest that accrues on a monthly or quarterly basis.

5. Applying for a lawsuit settlement advance is relatively simple and most lenders can give you a quick answer. The factors that are considered are how likely it is that you will win the case and how much they expect that you will receive.

6. Always use your lawsuit cash advance wisely. Remember if you win the case you will need to repay the amount.

7. Lawsuit loans are issued by a thrid party lawsuit funding company – not your attorney. Finding a repuable company to fund your lawsuit is crucial. Make sure that they have an understanding of your case and how the lawsuit funding process works.

Find out online if you qualify for a lawsuit cash advance. <!– From http://www.buzzle.com/articles/lawsuit-cash-advance-facts-you-must-read.html –> <!– google_ad_section_end –>

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Michael Jefferson is a Legal Finance and Lawsuit Loans Consultant. He offers free, professional advice in all areas of Pre Settlement Loans, Lawsuit Finance, Personal Injury Loans and Lawsuit Cash Advance


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Be the first to comment - What do you think?  Posted by Sitememos Admin - November 30, 2010 at 9:53 am

Categories: Lawsuits   Tags: , , , ,

What Can the Client Do to Help the Lawsuit Funding Process?

What Can the Client Do to Help the Lawsuit Funding Process?

What Can the Client Do to Help the Lawsuit Funding Process?


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Home Page > Finance > Loans > What Can the Client Do to Help the Lawsuit Funding Process?

What Can the Client Do to Help the Lawsuit Funding Process?

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What Can the Client Do to Help the Lawsuit Funding Process?

By: Fair Rate Funding

About the Author

Paul M. Coppola

Fair Rate Funding

The Lowest Rates In Lawsuit Funding

(ArticlesBase SC #3226869)

Article Source: http://www.articlesbase.com/What Can the Client Do to Help the Lawsuit Funding Process?





When offering a cash advance for a pending case, lawsuit funding companies analyze a wide variety of information.  Legal funding companies are frequently asked how the client can help during the case loan process.  Below is a brief outline of the steps clients can take to help obtain cash for their lawsuit.

1.  Gather and Submit Information Relevant to the Case – Clients frequently possess much of the information needed to evaluate a lawsuit for funding.  For example, if the client is requesting a lawsuit loan for a automobile accident, clients may already possess the police report, insurance information, and perhaps some medical records.  In some cases, this information may be enough to render a decision on the “fundability” of the lawsuit.

2.  Communicate with your Attorney your Desire to Enter into a Lawsuit Funding Agreement – The reasons for needing a cash advance against your legal case are many.  However, if your attorney does not know the situation, he/she may resist the process.  Be upfront and honest about your desires and your attorney will be more willing to cooperate.

3.  Be Patient – Lawsuit funding companies are in the business of helping clients obtain money.  They only get paid if cash is advanced so the process is virtually never adversarial.  You and the case loan workers are on the same team for purposes of obtaining a lawsuit loan.  Help each other out and allow the workers to go through the necessary steps.  Help them, help you.

4. Ask – Ask your funder if there is anything you can do to help.  In most cases, the professional lawsuit advance worker will be able handle the process in its entirety.  But, you never know when that one piece of information will make a difference in the underwriting process.

5.  Understand – Lawsuit funding is a business and business is not personal.  If your case can be funded, it will.  But the underwriting process is VERY subjective.  What is a great case for one legal loan outfit, may not suit the tastes of another.  If at all possible, lawsuit loan companies advance cash on a lawsuit.  The trick is understanding the nuances of the business and working withing those parameters.

6. Realize You Still Have a Good Case – Even if a legal loan is not offered, that does not mean you do not have a valid claim.  Your lawsuit may be so complex that a company may not want to take a chance on it.  Or, there may be unresolved legal issues when you apply.  Your attorney would not be wasting his time or yours if he/she thought there was no chance of recovery.  You probably still have a good case despite what the underwriters think.  The fact is that not every case is available for funding.

The above are only a few of the possible steps which could potentially help a client obtain cash now for his/her lawsuit.

Thanks for your interest in the lawsuit funding business.

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About the Author:

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Fair Rate Funding

The Lowest Rates In Lawsuit Funding

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Article Tags:
lawsuit funding, lawsuit loans, litigation finance, pre settlement funding, lawsuit cash advance, money for lawsuit, pre settlement loans, lawsuit advance

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Paul M. Coppola

Fair Rate Funding

The Lowest Rates In Lawsuit Funding

Related Lawsuit Articles

Be the first to comment - What do you think?  Posted by Sitememos Admin - at 9:45 am

Categories: Lawsuits   Tags: , , , , , , , , ,

No-Risk Lawsuit Funding For Worker?s Compensation Cases



Northbrook, IL (PRWEB) January 31, 2006

Personal injury and worker’s compensation plaintiffs already have legal help – it’s financial resources they’re after. Luckily, Oasis Legal Finance, a leader in the lawsuit financing arena, has created a funding solution for long-overdue personal injury and workman’s compensation plaintiffs in need of money. Without a lawsuit financing cash advance, plaintiffs may have no choice except to settle their personal injury and workman’s compensation claim for whatever the insurance company deems fair.

The awful truth about plaintiffs incurring personal injury from worker’s compensation (or worker’s comp ) is that, even if the plaintiff wins, he or she may lose in the long run due to court delays. This is an ugly reality of worker’s comp claims. A personal injury plaintiff may have an airtight worker’s comp case and a great law firm to represent the claim, but the insurance companies can afford to wait. It’s not just the money, either; it’s the additional emotional stress incurred by families who are struggling to make ends meet.

Chief Financial Officer, Ralph Shayne, explains that “We are dealing with people’s money and their legal problems and we take that trust very seriously. We understand that the waiting period can be agonizing for our clients so we’re anxious to fund personal injury and worker’s compensation cases as quickly and efficiently as possible.”

Thankfully, Oasis offers the breathing room necessary for personal injury plaintiffs to wait for a fair workman’s compensation settlement. More importantly, if the worker’s compensation case doesn’t settle, the plaintiff is under NO obligation to reimburse or repay Oasis for their lawsuit financing .

With a worker’s comp lawsuit funding cash advance from Oasis Legal Finance, personal injury plaintiffs are afforded the advantage and relief from financial pressure. Structured to provide an alternative to traditional loans; i.e. bank loans, credit cards and home equity loan programs, Oasis Legal Finance takes 100% of the risks from the plaintiff by providing cash on a non-recourse basis, meaning if the plaintiff’s lawsuit does not settle then the advance does not have to be repaid.

Diana H., a satisfied plaintiff working with Oasis, was awarded ,000 against her worker’s compensation lawsuit. “Oasis handled things in a very expedient manner and with a high level of customer service. They were very receptive towards my situation and their concern and care rendered were admirable. They got money to me right away and I would definitely contact Oasis Legal Finance again and absolutely suggest others use their services.”

Oasis Legal Finance has developed a streamlined process to quickly provide lawsuit financing for personal injury and dozens of other types of lawsuits. Within 24 hours of approving an application, funds can be wired directly into the plaintiff’s bank account.

A workman’s compensation lawsuit cash advance levels the playing field and can buy the attorneys extra time to fight for a fair and often larger settlement. In addition, attorneys welcome larger settlements as that equals a larger contingency fee.

To obtain a free report outlining the basics of and learn more about worker’s comp funding and the other types of lawsuit funding Oasis offers, go to http://www.OasisLegal.com

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Related Lawsuit Press Releases

Be the first to comment - What do you think?  Posted by Sitememos Admin - September 9, 2010 at 9:04 pm

Categories: Lawsuits   Tags: , , , , , , ,

Unemployment Hits 9.7 Percent: Can Lawsuit Loans be an Answer for Unemployed Plaintiffs Seeking Funding?

Los Angeles, CA (PRWEB) September 8, 2009

Pre settlement funding, generally referred to as lawsuit loans is an advance against a pending civil lawsuit offered to plaintiffs who need money for necessities while litigating their case. Lawsuit loans are offered quickly, with no up-front or monthly fees, no credit check, no employment verification, and no collateral other than the lawsuit. If the lawsuit is ultimately lost, the plaintiff does not have to pay anything back.

Of course, this service does not come cheap. Some pre settlement funding companies charge exorbitant fees, which are compounded monthly. This means the accumulated interest is added to the principle every month so the plaintiff ends up paying interest on interest, which can become a very expensive proposition, highly exceeding the cost of a regular bank loan.

Bank loans, however, are usually not an option. With the unemployment rate surging to 9.7% in August and many plaintiffs being unable to work due to their injuries, wrongful termination, or other adversities related to their lawsuit, most plaintiffs simply do not qualify for a bank loan. In addition, even qualifying plaintiffs, without income, cannot afford to pay the monthly fees associated with traditional bank loans.

As attorneys are legally prohibited from lending money to their clients for anything other than direct litigation costs and most plaintiffs do not have wealthy families or friends willing to extend an unsecured, low-interest personal loan, for many pre settlement plaintiffs a lawsuit loan is the only means of survival. Faced with mounting debt, bankruptcy or eviction, plaintiffs turn to lawsuit loans as the only way to manage their finances during the pendency of the lawsuit. To explain this situation in a 30 second commercial spot, an average monthly interest on a lawsuit advance: 3.5%; an average low income rent in NYC ,000.00. Not being homeless: Priceless.

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More Lawsuit Press Releases

Be the first to comment - What do you think?  Posted by Sitememos Admin - September 6, 2010 at 9:00 am

Categories: Lawsuits   Tags: , , , , , , , , , , ,

Lawsuit Funding in the Form of Non-recourse Cash Advances is Now Even More Accessible with help from Orchard Funding, LLC


Red Bank, NJ (PRWEB) October 1, 2009

Orchard Funding, LLC provides information and access to lawsuit funding via non-recourse cash advances at their new website, www.OrchardLegalFunding.com. Kurani Interactive, an award winning internet marketing and strategy company, designed the brand, website and internet marketing strategy. The goal is to help connect plaintiffs with outstanding lawsuits or pending settlements with the resources they need to get a cash advance while their case progresses through the legal process.

While a lawsuit or settlement progresses through the legal process plaintiffs can find themselves short on cash. Basic living expenses like food, medical bills, and mortgage or rent payments add up quickly. With no firm timetable to reach settlement, plaintiff’s can find themselves with unanticipated financial burdens. With the help of lawsuit funding in the form of a non-resource cash advance, plaintiffs can maintain their standard of living while their lawyer works to get them the best possible settlement.

Cambridge Management Group, LLC (CMG) is the exclusive underwriting partner and funding source for Orchard Funding, LLC. They offer Orchard and their clients the benefits of preferred review of their case. Not all cases are eligible for cash advances but those that qualify for a lawsuit funding will receive a lump sum cash funding from Cambridge within 24 hours. The case review process only takes about a week, so people in need can get the cash they need more quickly than they may realize. “We want to help people with personal cash flow problems by providing relevant, easy to understand options through lawsuit funding”, says CMG’s principal, Jim Giordano.

Many types of lawsuits are eligible for cash advances including:

    Personal injury cases like slip and fall, wrongful death, and motor vehicle accidents (MVAs)
    Employment cases such as sexual harassment, wrongful termination and age discrimination
    Medical malpractice cases that include birth injuries and failure to diagnose

To learn more about how someone with a pending lawsuit or legal settlement may be able to better manage their living expenses with the help of lawsuit funding from a non-recourse cash advance, visit www.OrchardLegalFunding.com.

KURANI Interactive

KURANI Interactive is an internet marketing agency that has won dozens of awards in the areas of online strategy, website development, and internet marketing campaigns. Visit www.Kurani.com or call 1-800-889-7676 to discuss your internet marketing strategy with KURANI Interactive.

Orchard Funding, LLC

Orchard Funding, LLC helps plaintiffs get lawsuit funding in the form of non-recourse cash advances. To get the cash you need while your lawsuit or settlement is still pending visit www.OrchardLegalFunding.com or call 1-800-845-0545.

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Be the first to comment - What do you think?  Posted by Sitememos Admin - August 23, 2010 at 9:08 am

Categories: Lawsuits   Tags: , , , , , , , , , , , ,

Lawsuit Loans & Funding Help You Get the Results You Deserve

Lawsuit Loans & Funding Help You Get the Results You Deserve

You may be putting off filing a lawsuit because of money issues.  You realize that it costs money to file a claim, and your creditors won’t wait for you to pay the bills.  Lawsuit funding is perfect in situations like this.  If you are unfamiliar with lawsuit loans, this information will help you decide if you should proceed with your lawsuit.

Before you start panicking with thoughts of how you would repay a loan, this is NOT a loan, although the name would imply so.  Lawsuit loans are simply money that is advanced to you by a litigation financing company.  If you win your case, you pay them a previously agreed upon amount.  If you lose, you don’t owe them anything.

Many times injuries you have suffered are the basis of a lawsuit.  In cases like these, you may need money to pay medical bills, expenses for lost wages and other monthly bills.  Lawsuit funding will allow you to continue with your claim while waiting for settlement, without the stress of worrying about how you will pay your bills.

Lawsuit loans are particularly beneficial for those who are already in dire financial straits.  Litigation financing allows you to quickly get the money you are due although your settlement may be prolonged because of lengthy court proceedings.  Often, it is obvious that you will receive money from your settlement, but it may take weeks, months or even longer before the defense attorneys agree on the final terms of your settlement.

Lawsuit funding is simply a way for the plaintiff to borrow money against the probable settlement of your case.  You receive the funds immediately, and they are repaid to the litigation financing company once you win your case.  As stated before, if you don’t win your case you owe no money to the funding company.  Your lawyer will provide documentation to the financing company for them to review, so they can determine if you qualify for lawsuit funding.

Lawsuit loans are beneficial not only for helping pay everyday expenses, but for paying legal fees as well.  Sometimes, legal fees are covered as a portion of the eventual settlement, other times they are due throughout the duration of the case.  Lawsuit funding will help in the event that you do have to pay legal fees while waiting for your settlement.

If you are thinking of filing a lawsuit but worried that your financial situation won’t support it, contact your attorney and discuss the use of a litigation financing company to obtain a lawsuit loan.  It may be the solution you need in order to get the compensation you rightly deserve!

Joel McLaughlin
Learn more about Addison Lawsuit Funding & Loans
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Be the first to comment - What do you think?  Posted by Sitememos Admin - August 18, 2010 at 5:00 pm

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Federal Marital Benefits for Same-Sex Couples, Long Term Funding for Stimulus Projects are Among Hot Topics Facing ABA Policymakers


Chicago (Vocus) July 9, 2009

President Barack Obama extended some partnership rights to federal workers in same-sex relationships. But the American Bar Association House of Delegates will be asked this month to take Obama’s action a step further by supporting repeal of a provision of the Defense of Marriage Act to allow all lawfully married same sex spouses access to federal marital benefits including Medicaid, Social Security survivor benefits and filing joint income tax returns.

The proposal neither supports nor opposes civil marriage for same-sex couples, say ABA proponents, but would ensure that state decisions on whether to recognize such marriages are given deference under federal laws and programs. The measure is advocated by ABA sections of Individual Rights and Responsibilities and Family Law, the Massachusetts Bar Association and the Beverly Hills and San Francisco bars.

The recommendation is just one of nearly three dozen proposals on the agenda for the association’s policy making body when it convenes in Chicago’s Hyatt Regency hotel, Aug. 3-4, during the ABA’s 2009 Annual Meeting.

Online registration for news reporters is easier than ever. Credential guidelines are at www.abanews.org/credentials.html.

Also due for debate is a call for federal legislation authorizing annual funding to state and local governments starting in 2011, ensuring continuity of essential programs and services financed under the American Recovery and Reinvestment Act of 2009. The recommendation would reward governments that promote efficiency and enhance service delivery, global competitiveness and the rule of law.

Other proposals would:


Endorse the right of every child to a high quality education, limit exclusion from regular educational programs as a response to despite discipline problems and support the right of youth who have left school to return to complete their education in high-quality, age-appropriate programs (Reports 118 A, B and C)

Adopt Eight Guidelines of Public Defense Related to Excessive Workloads, offering responses for public defense programs confronted with too many cases (Report 119)

Call for a national study of the state of criminal justice to consider ways to reduce crime, lower incarceration rates, save tax money, enhance fairness and accuracy and increase public confidence in the criminal justice system (Report 111B)

Adopt a model act governing representation of children in abuse, neglect and dependency proceedings (Report 103)

Urge courts to distinguish lawyer error from lawyer misconduct when citing lawyer acts or omissions in orders, opinions or findings (Report 111A)

Adopt a model sustainability policy and guidelines for law organizations to implement it (Report 117)

Encourage corporations to make more pro bono legal help available to consumers facing credit, mortgage, bankruptcy and other issues by waiving “positional conflicts of interest,” freeing their lawyers to volunteer (Report 102A)

Support additional government funding for non-profit organizations to provide free legal service during disasters (Report 102B)

Approve a model act governing emergency holding periods for pets and other animals during disasters (Report 115)

Amend association Election Administrations Guidelines and Commentary with respect to provisional ballots to require poll workers to direct voters to their correct precinct locale (Report 116)

Urge Congress to direct federal agencies to issue regulations providing uniform and clear guidance on conflicts of interest in human clinical trials in such areas as drugs, medical devices and biological products (Report 120)

Urge courts to distinguish lawyer error from lawyer misconduct when citing lawyer acts or omissions in orders, opinions or findings (Report 111A).
All proposals are accessible here. To review any individual policy and supporting report, click on the report number. No proposal constitutes association policy unless and until the House of Delegates adopts it. Some offerings may be withdrawn, while other measures can be submitted up until the afternoon of Aug. 2. Any measure can be amended until it is taken to a vote.

The 555-member House of Delegates will convene Aug. 3 from 9 a.m. – 5 p.m. and on Aug. 4 from 8:30 a.m. to 5 p.m. or the conclusion of business. The deliberative session includes members from state and local bar associations around the country, ABA affiliates and ABA entities, and is the finale of the ABA Annual Meeting. The ABA is the largest voluntary professional association in the world and a vigorous policy advocate before the federal government.

During the Annual Meeting, a press room for working journalists will be set up at the Hyatt Regency Chicago, Riverside Center, Purple Level, East Tower, and will be open for on-site media registration at 8 a.m. on July 30. Thereafter the press room will be open daily from 8 a.m. to 6 p.m., and will close one hour after the adjournment of the House of Delegates on Aug. 4.

With more than 400,000 members, the American Bar Association is the largest voluntary professional membership organization in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.

This distribution list is a service to the news media from the American Bar Association Division for Media Relations and Communication Services. Your e-mail address will only be used within the ABA and its entities. We do not sell or rent e-mail addresses to anyone outside the ABA. To change your e-mail listing or be removed from our distribution lists, please contact the Media Relations Department at 312/988-6171 or abanews(at)abanet(dot)org.

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Be the first to comment - What do you think?  Posted by Sitememos Admin - at 10:54 am

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Advantages of Commercial Lawsuit Loan – Business Lawsuit Funding

Advantages of Commercial Lawsuit Loan – Business Lawsuit Funding

Business or commercial world is not a perfect one. There can be a dispute or controversy in day to day business transactions. Commercial transactions can give rise to commercial disputes. Every business dispute, however minor it may look like, has the potential to become an expensive lawsuit.


Commercial disputes often turn into litigation, and the victim party takes the help of an expert commercial litigation attorney and turn to the courts for resolution of the dispute.


Ideally you should hire an expert attorney on a contingency fee arrangement. So that, you do not have to pay your attorney unless you win or settle the case (however, a client may be charged for court costs and expenses). Contingency fee also provides a powerful motivation to the attorney to work diligently on the client case.


As you know commercial litigation takes long time to resolve & can be daunting. Litigation time can be worrisome for most of plaintiff business people. The stakes are high and future of your business may be uncertain. The financial, commercial and personal risk is always significant with the outcome, often making or breaking the plaintiff and his or her business.


Cash flow for plaintiffs involved in commercial lawsuit is critical to maintain and their financial stability is at great risk. Most of the times, expenses related to the litigation can drain the personal and business financial assets. Investors also pull away their financing because of the uncertainty of the outcome of your lawsuit. Your customers also do not take it kindly. In short, its effects are overwhelming.


Many plaintiffs businesses in this situation have no other choice but to accept a low settlement for a case that could be worth hundreds of thousands & millions.


But there is a silver lining in the dark clouds. Most of plaintiffs involved in commercial lawsuits do not realize they can get cash advance before their lawsuit case settles. This is called as commercial lawsuit funding and some times referred as commercial lawsuit loan, commercial legal finance, business litigation loan, and business lawsuit settlement cash advance. But these are not loans because the money does not have to be paid back unless the case is won or settled.


Commercial or business lawsuit funding or legal finance is non- recourse lawsuit loan or cash advance. It carries no risk because plaintiffs owe nothing if they lose the case. Lawsuit pre-settlement funding programs provide them with immediate cash to give them and their attorney time to negotiate a larger cash settlement!


Commercial lawsuit funding allows a plaintiff involved in a business or commercial lawsuit to leverage the expected settlement from his or her case to obtain the capital required now. The advantages of using commercial litigation funding are multifold.

Most important of these are:


1. When you apply for a commercial lawsuit funding or lawsuit loan from a reputed company, there is no application fee or any upfront fees involved. Also, if you are approved for funding, you are still not obligated to accept the advance.


2. It helps to maintain financial stability in cases where commercial lawsuit is impacting your firm cash flow.


3. Business lawsuit loan is based on the strength of lawsuit and how the plaintiff spends it, is unrestricted. You can use the funds:


(a) To pay down debt, maintain or invest in your business expansion,


(b) Use the cash advance for fixed and variable costs such as payroll and operating expenses. Funds can also be used to invest in the expansion of your business, which maintains the confidence of creditors, investors, and employees,


(c) Keep your personal finance and obligations in balance.


4. Commercial lawsuit loan is non-recourse so there is no risk involved. Plaintiff firm is liable for repayment only if they receive a settlement or they win at trial.


5. Amount available for commercial lawsuit funding is virtually limitless from ,000 to well over million on a single case.


Most of commercial lawsuit cases that can qualify for lawsuit funding include, but are not limited to:


a. Fraud

b. Breach of Contract or Contract disputes

c. Real-Estate disputes

d. Conversion

e. Copyright claims

f. Environmental Litigation

g. Patent or Copyright infringement & other Intellectual Property

h. Securities Fraud & Shareholder Litigation

i. Consumer Fraud litigation

j. Negligence

k. Civil Conspiracy etc.


A lot of plaintiffs businesses are being forced to settle their commercial lawsuits early, for way less than they deserve because they simply can not afford to wait any longer due to their financial limitations. But with the help of lawsuit loan or legal finance, they do not need to settle for less than their case is worth.

Paul Sherman is a Legal Funding Consultant.He offers free, professional, and independent advice to plaintiffs (incl. business owners) & Attorneys. To get
Lawsuit Loan & Structured settlement funding please visit http://www.easylawsuitfunding.com

Be the first to comment - What do you think?  Posted by Sitememos Admin - June 26, 2010 at 8:56 pm

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