Pravati Capital Founder and CEO, Alexander Chucri, sat down with Dealmakers for their all-new, inaugural publication of LINE. LINE sits at the intersection of technology, finance, and law, with dynamic content featuring some of the most influential leaders and innovators in our industries. More than a magazine, LINE offers deep-dives into the issues, with unique […]
Most litigation funding applicants naturally tend to focus on the merits of their case when talking to funders. After all, anyone motivated to initiate a lawsuit likely believes that their case is extremely strong. Application packages tend to focus on the plaintiff’s allegations against the defendant, and documents meant to prove those allegations. The problem […]
Litigation funding is a fast-growing industry, and one that is slowly gaining acceptance in jurisdictions across the United States. However, a recent study from the American Bar Association notes that the acceptability of litigation funding is a “developing area” of law. This is why it is important for attorneys who are seeking funding or represent clients […]
Patent lawyers practice on the cutting edge of innovation, helping to obtain, challenge, and defend patents.
It’s expensive for companies to fight a lawsuit, no matter which side of the courtroom they’re on. The Court Statistics Project found that the median costs for business contract suits, which make up 60% of the 20 million civil cases filed annually, totaled $91,000. Liability lawsuits had a median cost of $54,000. Some businesses may […]
Securities and shareholder litigation involves some of the most labor- and capital-intensive cases a firm handles.
Everyone celebrates the big win. But lawyers know that winning isn’t always the end of the road. Sometimes, payment for a settlement or judgment amount can be delayed months or even years due to processing issues, funding problems, settlement terms, or appeals. In the meantime, the firm has other cases to handle, ongoing overhead, and […]
Some GOP senators have reintroduced a bill that would require plaintiffs in lawsuits to disclose when they have backing from a third-party funder. The Litigation Funding Transparency Act would require disclosure of third-party litigation funding for any Federal class action and any Federal claim that is aggregated into Federal multidistrict litigation within 10 days of […]
The buying and selling of lawsuits—a decade-old practice in the U.S. known as litigation finance—continues to expand. Consider Pierce Sergenian, a six-lawyer trial boutique started this year by John Pierce and David Sergenian, refugees from the litigation powerhouse Quinn Emanuel Urquhart & Sullivan. The new firm already has an impressive array of contingency-fee cases, where […]
(Los Angeles) – Today, Los Angeles high-stakes litigation law firm Pierce Sergenian LLP and experienced litigation funder Pravati Capital announced an innovative litigation funding deal for the law firm’s entire portfolio of contingency fee cases. Under the arrangement, Pierce Sergenian LLP will receive substantial infusions of capital on an as-needed, ongoing basis to fund the […]
As a pioneer in the Litigation Finance Industry, we see capital drawn to higher returns than your standard alternative investments while being unlinked to fluctuations of the global economy. In February, we completed our financing with a 101-year-old conservative bank that traditionally turned away law firm financing due to bank regulation. We now have a […]
