LawFinance Limited has announced that its board has resolved to appoint administrators to its subsidiary JustKapital Financing. The decision follows the appointment of liquidators to two of JustKapital’s major debtors, being Kemp Law and Paramount Compensation.The company was already going through a strategic review as it was determined to be non-core to LawFinance. Read more.
LawFinance Limited has released its preliminary 2022 full year accounts, revealing that, among other things, in September 2022, the company breached the liquidity covenant under its Partners for Growth asset backed funding facility, the LawFinance Group made a loss after tax of…
LawFinance Limited has provided a quarterly update, with highlights including underperforming originations resulting in strategic changes and strong cash collections in Q3 2022.
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