SHJ 0.57% 86.5¢ shine justice ltd

The funding opportunities that they mentioned were funding work...

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  1. 681 Posts.
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    The funding opportunities that they mentioned were funding work in process through stuff like IMF Bentham, and transferring that class action funding across to personal injury law, presumable by giving up a proportion of their fees so that the risk in losing is transferred onto the funder (eg IMF) rather than the company through increasing debt as WIP increases. Whether they can make this work probably depends on the cost of borrowed capital (v) the loss in net income from a settled case.
 
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