A COMMON PROBLEM SOLVED FOR PLAINTIFFS AS WELL AS THEIR ATTORNEYS – Example 8: COMMERCIAL – TRADE SECRET
PROBLEM: Plaintiff developed food recipes for a variety of specialty foods for sale in a national supermarket chain. Plaintiff contracted with a co-packer to manufacture, box and ship the products for Plaintiff. Defendant purchased co-packer. As such Defendant took over co-packer’s obligation to co-pack Plaintiff’s products. Subsequently the supermarket chain stopped purchasing products. Plaintiff proved that Defendant misappropriated Plaintiff’s trade secret formulas, interfered with Plaintiff’s prospective economic advantage and committed fraud. Plaintiff also proved that Defendants’ misappropriation of Plaintiff’s trade secret was willful and malicious. Plaintiff won a sizable judgment including punitive damages. Defendant appealed. Plaintiff was strapped for cash, had no additional bank line and feared it would not survive over the course of the appeal.
SOLUTION: A non-recourse investment from Appeal Funding Partners provided the company with a sizeable amount of money, which enabled the company to continue operations during the appellate process.. These cash 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 only repaid 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.