In a provocative piece on the Legal Funding Central Blog, Kenneth Min writes:
“That legal funding is attracting investment fund managers should come as no surprise, as commercial litigation funding is really just investing equity in an alternative asset class – and one that has the potential for impressive returns for investors.
At least that’s what one former Wall Street executive, William H. Strong, seems to think. The former Vice Chairman and Co-CEO of Morgan Stanley Asia-Pacific Operations came out of retirement to take on the role of chairman and partner at Longford Capital, a new litigation finance firm focusing on B2B claims in matters with over $25 million in controversy. Mr. Strong officially took his post May 1st.”
And many thanks to LFC for helping me to present to my startup and other litigation clients the cost and time lines for federal court litigation….here is one LFC graphic:
The complete LFC post here.