Client
Law firm representing a Time-Share association
Type of lawsuit:
Quantity claim
Solutions:
Monetization, litigation and arbitration finance
The Time-Share association lost a hotel due to the negligence of its legal advisors, who failed to record a liability on the asset and it was ultimately sold to a bona fide third party. The association did not have the funds to pay the law firm and litigate, so it agreed to a success fee with the law firm, who had no funds to operate and deliver the service to its client
The law firm shared part of the success fee with Claimbnb in exchange for an upfront monetization
The law firm was able to accept its client’s mandate thanks to Claimbnb financing its working capital needs
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