Henderson & Jones (H&J), a London-based litigation funder specialising in purchasing claims from insolvent companies and individuals, has received an initial £5m working capital facility from Secure Trust Bank Commercial Finance to support its growth plans. Introduced by Breal Capital, an original investor in H&J, Secure Trust Bank Commercial Finance worked with the co-founders of the business create a flexible facility. Kroll and Gateley provided due diligence and legal advice to support the deal.
Bench Walk Advisors has been revealed as the firm providing UK legal and professional services group, Gateley with a £50 million funding facility. The agreement will see Gateley become one of only two listed law firms with access to a funding facility. Richard Healey, partner and head of Gateley’s dispute resolution group, noted that Bench Walk was chosen after a careful exercise in which a number of funders were assessed based on set criteria.