The Wall Street Journal Reported today that Hudge Fund Elliott Management has entered the legal funding business by financing a patent infringement case for interactive-video company, Eko, against Quibi. Elliot has agreed to fund Eko’s suit against Jeffery Katzenburg’s new start-up, Quibi, that allows streaming on iPhones for people on the go. The allegation is…

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I. What is a Lawsuit Loan? Lawsuit Funding companies provide risk free, non-recourse loans to people who have pending lawsuits and are represented by lawyers. The term, “non-recourse” loan means that the loan is not repaid unless the plaintiff wins a favorable settlement. In fact, it is not a loan, but rather an investment into…

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