LAW Stock Discussion
Lawfinance Ltd. Description
Lawfinance Ltd, formerly JustKapital Limited, is a litigation funding business offering finance to corporate and third-party plaintiffs with claims. The Company provides financing solutions for litigation. The Company's solutions include case funding, disbursement funding and adverse costs insurance. The Company finances business to business claims, breaches of fiduciary duties, breaches of continuous disclosure obligations, intellectual property rights, claims by liquidators, misleading and deceptive conduct and professional negligence. The Company litigation funding involves the financing of legal claims by third parties to meet the costs of conducting such litigation. The Company intends to use capital reserves to fund protracted litigation. The Company intends to raise sufficient funds and have access to sources of funding from co-investment litigation funds to support the case work load. The Company operates in Australia and New Zealand.
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