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Lawsuit loan doesn't pay off for Sulpher Springs attorney

“Virage has achieved its reputation in the litigation funding market through loyal borrowers, repeat business, and a sustainable business model. Borrowers view Virage as a partner in their business, and these relationships have driven Virage’s growth.”
That’s how Virage Capital Management describes itself on its website, emphasizing that it “does not participate as an equity partner in the back-end of the case.”
One borrower who appears not to be loyal, and who most likely will not engage in repeat business with Virage, is Sulpher Springs attorney B. Gregg Price. Price and his law firm borrowed more than $3 million from Virage but didn’t bother to pay back the loan after the firm’s cases settled. ....

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Litigation Funder Says DQ'd NFL Concussion Firm Owes $30M

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Litigation Funder Says DQ d NFL Concussion Firm Owes $30M
Law360 (July 15, 2021, 8:54 PM EDT) The insolvent firm of Tim Howard, a Florida attorney who was accused of swindling NFL players out of their life savings and was recently disqualified from the league s concussion settlement, owes litigation funder Virage Capital Management $30 million, according to recent insolvency proceedings in Florida state court.
Howard s firm, Howard & Associates Attorneys At Law PA, is undergoing an insolvency proceeding in Florida state court with Virage as the largest creditor. The funder is seeking a piece of concussion settlement payouts from the firm s clients, according to court documents filed in the NFL concussion settlement Wednesday. ....

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How To Conjure A $20 Billion Fortune Using A SPAC

How To Conjure A $20 Billion Fortune Using A SPAC
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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MSP Recovery's SPAC Deal to Value Combined Firm at  $32.6 Billion

MSP Recovery's SPAC Deal to Value Combined Firm at $32.6 Billion
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Kyle Rittenhouse's lawyer 'threatened to kill his ex-wife' and is in massive debt

EXCLUSIVE: Kyle Rittenhouse s lawyer threatened to kill his ex-wife and is in massive personal and professional debt, yet manages to cling onto Kenosha shooter s case and is entrusted with teen s fundraising
Kyle Rittenhouse s lawyer John Pierce said on December 3 he was stepping away from the criminal proceedings after prosecutors raised ethical concerns
Rittenhouse, 17, is accused of shooting dead two Black Lives Matter protesters and wounding a third in Kenosha, Wisconsin in August
Pierce, 48, was an integral part of the effort to secure the $2 million bail for Rittenhouse, who was bound over earlier this month for trial
The Harvard law grad said he d be continuing to raise money for the teen s defense fund and would represent him in future civil suits ....

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