FYI : Advance Lawsuit Funding
Do you know that a company can sue another company and get some advance money even before the lawsuit is settled?
Apparently this Commercial Lawsuit Finance is offered by some lawfirm which basically meant that when a company sues another company, they can apply for advance funding to cover their running costs (payroll, operation expenses or purchase of inventory and equipment), while waiting for their case to be settled.
One such company, LawMax, offers this kind of advance funding on the condition that the company repays them on winning their lawsuit or when the company obtained an out-of-court settlement.
You pay them back only if you win your case! Imagine that.
So companies with promising lawsuit cases on contract disputes, trademark and copyright infringement, fraud, wrongful death claims and etc, this is one kind of service which you might want to find out more about.
Posted by
at
03:52:51
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