LionFish Litigation Finance

All articles about LionFish Litigation Finance.

As capital floods into litigation funding, the sector has entered a new phase. Rather than sitting back and waiting for cases, funders often now play an integral role in the instigation of litigation – particularly collective actions. A push towards freely available, standardised documents will help hedge funds and other players enter the field, while a secondary market for funding investments is finding its feet.
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.
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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