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Personal injury and pre-settlement funding news

A legal funding company was able to raise 10 million dollars!

Commercial Litigation Funding Company Raises $10 Million

Remember Hogan v Gawker? In a previous article, we discussed how Peter Thiel helped Hulk Hogan in his lawsuit against Gawker. Well, a former Peter Thiel fellow was taking notes and just raised $10 million for a commercial litigation funding company. The fledgling “tech enabled” firm purports to use “an algorithm” to decide what cases …

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Crowd sourcing is a way to have your lawsuit paid for

Crowd-Sourced Legal Funding Round-Up

A brief look at Wikipedia tells us that lawsuit funding was born in the U.S. around the turn of the century. Since then, the industry has boomed. New lawsuit funding companies spring up monthly. Recently, we’ve seen an interesting new development: crowd-sourced lawsuit funding. The Birth of Crowd-Funded Lawsuits While crowd-sourcing capital has centuries old …

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Apples' got some real beef with Qualcomm

Apple Funds Manufacturers in Legal Battle Against Qualcomm

With big corporations like Apple, litigation comes with the territory. Recently, Apple sued and began withholding payment to Qualcomm after being charged excess royalties. Qualcomm quickly counter-sued Apple and four iPhone manufacturers. The four manufacturers counter-sued Qualcomm, and Apple’s is footing their legal bills. (As Ibtimes reports, Apple clearly has the resources to help these …

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How legal funding helped saved the Hulk

How Peter Thiel Bankrolled Hogan’s Gawker Smackdown

Hulk Hogan is a wrestling kingpin and has become a household name. Throughout his career, he had unappealing videos leaked, several lawsuits, etc. These scandals proved to be perfect material for media outlets. One outlet in particular, Gawker Media, found a piece of scandalous material for its blog: an illicit tape of Hogan with a …

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