Mintos, a UK-based peer-to-peer lending network, has added Fenchurch Legal as a partner on its lending platform. Fenchurch specialises in funding small ticket ATE claim and disbursements. Read more.
Mintos, a UK-based peer-to-peer lending network, has added Fenchurch Legal as a partner on its lending platform. Fenchurch specialises in funding small ticket ATE claim and disbursements. Read more.
Liverpool-based Next Gen Solicitors, a no-win, no-fee law firm specialising in financial mis-selling cases, tenancy deposit disputes, and mis-sold pensions and car finance, has filed a notice of intention to appoint an administrator, granting it a 10-day reprieve from its creditors, including litigation funder Fenchurch Legal, which holds fixed and floating charges over the law firm’s assets.
Mintos, a global platform for investing in loans, has stopped working with UK-based litigation financier Fenchurch Legal due to the “potentially increased reputational risk” arising from the liquidation of Fenchurch’s former parent company. Mintos advised investors that many Fenchurch loans are taking longer than expected to settle due to the impact of the pandemic on the cases that Fenchurch has been funding.
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