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21 Sep 2016, 7:00 pm by Francis Pileggi
Under the Delaware LLC Act, however, advancement and indemnification is available for “any and all claims and demands whatsoever. [read post]
6 Sep 2016, 3:24 am by Peter Mahler
The court’s analysis stressed that Section 18-108 of the Delaware LLC Act “defers completely to the contracting parties [to the LLC agreement] to create and to limit rights and obligations with respect to indemnification and advancement” and that the restrictions on advancement in Quivus’ LLC agreement “are few, if any. [read post]
1 Sep 2022, 12:56 pm by Jeffrey P. Gale, P.A.
This is not an all-inclusive list: Client Legal Funding Capstone Financial Services, LLC Cash Now Funding Group Multi-Funding USA Peachtree Financial Solutions It is important for those considering funding to do their homework. [read post]
20 Jul 2011, 1:31 pm by Julia Zebley
Chiesi was accused of communicating non-public information about IBM Corporation, Advanced Microdevices (AMD) and Sun Microsystems (now Sun-Oracle) [corporate websites] in 2008 and 2009 to her superiors at New Castle Funds LLC [fund profile], a Manhattan-based... [read post]
8 Feb 2017, 12:46 pm by Scott M. Pearson
Pearson The CFPB and the New York Attorney General this week filed an action against RD Legal Funding, LLC, two of its affiliates, and their principal (collectively, “RD”), alleging that a litigation settlement advance product offered by RD is a disguised usurious loan that is deceptively marketed and abusive. [read post]
7 Jan 2022, 11:57 am by Mark J. Furletti and John Sadler
  Many of the allegations in the FTC’s complaint were similar to those made in the amended complaint filed against RAM Capital Funding LLC and the other named defendants. [read post]
21 Nov 2020, 7:36 am by Throneberry Law Group
Georgia-Pacific LLC recently pledged to advance $1 billion to an asbestos liability trust fund to compensate victims who developed mesothelioma and other asbestos-related cancers as a result of exposure to asbestos caused by one of the company’s subsidiaries. [read post]
14 Jul 2011, 7:18 am by Maureen Cosgrove
Chiesi was accused of communicating non-public information about IBM Corporation, Advanced Microdevices (AMD) and Sun Microsystems (now Sun-Oracle) [corporate websites] in 2008 and 2009 to her superiors at New Castle Funds LLC [fund profile], a Manhattan-based investment advisory company formerly part of Bear Stearns [NYT backgrounder]. [read post]
8 Feb 2017, 10:10 am by Akira Tomlinson
The New York Attorney General and the Consumer Financial Protection Bureau (CFPB) [official website] filed a lawsuit [complaint, PDF] on Tuesday against RD Legal Funding, LLC [official website] and founder/owner Roni Dersovitz for allegedly scamming 9/11 first responders and NFL concussion victims out of money intended to cover medical costs, lost income and other critical personal needs. [read post]
23 Oct 2021, 4:53 pm by Francis Pileggi
The court explained that the undertaking only applied to “funds advanced,” but that undertaking did not apply to the repayment of “fees on fees” because the court reasoned that “such sums constitute indemnification, rather than advancement. [read post]
19 Feb 2018, 7:00 am by Alexander J. Davie
Additionally, private equity funds are often “blind” (in that the investor does not know in advance what their money will be invested in) and anonymous (in that no investor knows the identities of the other investors). [read post]
16 Mar 2011, 4:48 am
More importanly, if you or someone you know received a litigation advance from American Legal Funding, LLC call us to discuss the situation. [read post]