on Legal Finance SE
Legal Finance SE Signs Letter of Intent for High-Value Litigation Financing
Legal Finance SE has embarked on a new venture through its subsidiary, Legal Finance International GmbH, by signing a Letter of Intent to finance a significant claim for damages. The claim, valued at nearly EUR 700,000, is currently under detailed investigation, with promising prospects for success. This legal finance initiative targets a dispute involving a renowned luxury car dealer and an insurance company.
The company is optimistic about the outcome after a preliminary review indicated good chances of success. Legal Finance SE will cover all legal expenses, including lawyers' and experts' fees and court costs, in return for a contingency fee ranging between 35% to 55% of the claim's proceeds if won. This strategic move is part of Legal Finance SE's broader engagement in financing various legal disputes and claims in different stages of review.
R. H.Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Legal Finance SE news