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Here's a Lawsuit Advance Example from Australia

By David Austin and Barry Goldberg

This really is a worldwide market.  There will be some variations from jurisdiction to jurisdiction, but overall you can fund cases in almost any area of law.

Hillcrest Litigation Services Ltd (ASX:HLS) today announced the parties in the Ideal Contractors case had agreed to a settlement in the matter.

Terms of the settlement are confidential and do not involve admission of liability by any party.

Upon settlement, in 21 days, HLS will receive about $390,000 comprising reimbursement of its funding costs of $300,000 and its profit of $90,000 pursuant to its litigation funding agreement with the Ideal Contractors liquidator.

Source: TradingMarkets.com

Full post as published by Cash Flow Solutions Blog on March 21, 2008 (boomark / email).