Chesswood Closes Purchase of Case Funding
Chesswood Group Limited announced today that it closed its previously announced transaction for the purchase of Case Funding Inc.("Case Funding") after the close of business on Friday June 10.
While there is limited information on the size of the market, litigation finance in the U.S. is estimated by some media and industry experts to exceed $1 billion at any point in time. Theincreasing costs of litigation and the delays in the process that are often encountered have propelled the growth of this industry.
"Our entry into this growth market with an ...