My Premier Legal
Home  |  About  |  Articles  |  Reports  |  Links  |  Site Map    
Welcome to My Premier Legal!
Insurance Articles
•
•
•
•

Home
:: About Us
:: Contact Us
:: Article
:: Reports
:: Links
:: Site Map

Related Links


Litigation Funding
By Wensley McKenney


Litigation Funding offers financial resources to plaintiffs that are the victims of personal injury by the negligent acts of another. It is simple reality in the United States legal system that financial strength plays a significant role in the ultimate settlement or judgment amount of legal claims. Fortunately there are litigation funding companies like Global Financial (http://www.glofin.com) that offer funding services to Plaintiffs which can help level the playing field with deep pocketed defendants.

Litigation Funding is offered to plaintiffs with a legitimate legal claim, however, there are no credit checks or income verifications. The funding company advances cash to the Plaintiff in return for a portion of their potential legal claim proceeds. If the legal claim is successful then the litigation funding company receives their capital back plus fees, however, if the case is lost for any reason, the plaintiff keeps the money without obligation to repay the funding company. This type of contingent advance is not a loan but rather an investment which is speculative and repayable only upon some unknown and contingent event. In fact, it is very similar to the fee that a Personal Injury attorney charges its clients.

It is clear that large insurance carriers for defendants in personal injury cases will make low ball offers to see how desperate a plaintiff may be. They are using their financial superiority in hopes of achieving a settlement amount that is lower than the ultimate value of the plaintiffs claim. It seems to be a game of cat and mouse in which the cat represents the defendants insurance carrier and the mouse represents plaintiff. Fortunately, litigation funding companies like Global Financial (866-709-1100) can help level the playing field for personal injury victims and allow plaintiffs to receive a full and fair settlement or judgment.

It is important to note that Litigation Funding can be considered as a form of insurance against a potential loss in the legal claim. In other words, the plaintiff receives a financial guarantee that they will receive a financial recovery regardless of the outcome of the legal claim. If there is no financial recovery from the legal claim then the plaintiff will still obtain a financial recovery from the claim by keeping the cash advance received from the litigation funding company without obligation to repay any amount. If, however, the legal claim is successful, the plaintiff is only obligated to repay the cash advance they received plus fees. Regardless of the outcome, a plaintiff is guaranteed a financial recovery and that is assurance or insurance no matter how you look at it.

For more information, news and articles see:

Marina Insurance - Marina Insurance
...ll have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you the exact cover you nee...
Visit Marina Insurance...

No Win No Fee Injury Claim - No Win No Fee Injury Claim
... you were involved in an accident that wasn`t your fault and had to take time of work as a direct result. You might be lucky if you have an employer that is prepared to pay you sick pay during your r...
Visit No Win No Fee Injury Claim...

Courier Insurance - Courier Insurance
...cels being sent might be quite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one ...
Visit Courier Insurance...

Car Gap Insurance - Car Gap Insurance
...pose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen and never recovered or one that is ...
Visit Car Gap Insurance...

Mis-sold Ppi - Mis-sold Ppi
...going to my bank in the late 1990s to enquire about a loan for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I...
Visit Mis-sold Ppi...

Jet Ski Insurance - Jet Ski Insurance
...i Insurance have been with us for some time now in the UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski ...
Visit Jet Ski Insurance...

Work Accident Compensation - Work Accident Compensation
...hat specialises in work accident compensation. He tells me that work accident compensation is an incredibly busy area to work in and I am sure that he is right. As you know, there are countless adve...
Visit Work Accident Compensation...

Ppi Claims - Ppi Claims
...t payment protection insurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just...
Visit Ppi Claims...

Dock Levellers - Dock Levellers
...ading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibility, and you a...
Visit Dock Levellers...

Gap Insurance - Gap Insurance
...is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event of it being stolen...
Visit Gap Insurance...

Loading Bay Equipment - Loading Bay Equipment
...nts. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effective as well. We implement all possi...
Visit Loading Bay Equipment...

Hgv Courier Insurance - Hgv Courier Insurance
... different type of insurance that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in busi...
Visit Hgv Courier Insurance...
Click For More Detailed Information on:
Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map
Copyright © 2003-2010. All Rights Reserved.


Valid CSS!