Standard Litigation Funding Documentation

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Funder News

LionFish commits £8.0 million to 10 cases

RBG Holdings plc (AIM: RBGP), the UK-based professional services group, has released its unaudited results for the six months ended 30 June 2021. It reports that its litigation finance subsidiary LionFish has received 393 enquiries since launch with 10 cases approved, 54 under consideration and 329 rejected. The 10 approved cases will bring a funding commitment of £8.0 million over the next three years, of which £3.2 million has already been drawn down.

In the News

In focus: Class action lawsuits go mainstream

Class actions lawsuits are going mainstream, aided by litigation funding that has shrugged off its champertous past and is flying the flag for social justice. As more mega-claims hit London courts, however, the practicalities of how group litigation is managed and paid for needs to keep up with changing attitudes – or risk undermining the model’s new-found reputation.

Funder News

LionFish invests in 10 cases

RBG Holdings (AIM:RBGP) reports that its litigation finance business LionFish is currently invested in 10 cases with a total cash investment of £3.2 million across the cases, and in April recorded its first successful litigation investment since its launch which provided a gross two times money return over and above invested cash.

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Never miss a thing in the litigation finance market.