PROBLEM: A contingency fee law firm won a money judgment for a client. Defendant appealed. The case wasn’t likely to settle and was expected to be decided in 18-20 months. The firm had a sizable investment tied up in litigation expenses in the case on appeal as well as in others. The firm needed capital to prepare several other cases for trial and to take several new cases which it knew would require significant capital to prepare. The bank would not increase the firm’s line of credit and the partners wanted to avoid putting more of their own capital into the firm.
SOLUTION: A non-recourse investment from Appeal Funding Partnersenabled the law firm to firm to accomplish its objectives. These non-recurse investments are made while the appeal is still pending before the final appellate decision is reached. Not a loan, these investments are risk-free for you i.e., you are only obligated if the case is eventually won and you pay only with the money collected from the defendant
SOLUTION PROVIDER: Appeal Funding Partners, LLC, leader in appeal finance, provides immediate financial assistance in the form of non- recourse cash investments for trial attorneys and plaintiffs who have won money judgments on appeal.