Weinhold Legal advised LitFin on the entry of a strategic investment partner
Company: Weinhold Legal, v.o.s. advokátní kancelář
Weinhold Legal advised on the entry of a strategic investment partner into LitFin
LitFin is a leading provider of litigation finance and is now a major pan-European player in this area after only a few years. LitFin generally pays litigation-related costs in return for a share of the successful recovery. It is mainly involved in litigation relating to damages for breach of competition rules and in technology litigation. LitFin has been joined by a strategic partner, a fund from the United States, which invests exclusively in the litigation sector. It is one of the most prestigious funds in this area. It has over one billion dollars under management.
Maroš Kravec, managing partner of LitFin, commented on our cooperation: "Weinhold Legal have been with us since our inception and have helped us grow to our current investment, which is in the lower tens of millions of dollars. They have also supported us in one of our long-standing international cases, when we closed our first settlement with one of the largest multinational corporations of its kind in early June."
Further information here: cc.cz
About Weinhold Legal
Weinhold Legal has been a strong player on the Czech market since the founding of the Prague office in 1996, and boasts a team of several dozen highly qualified lawyers. Weinhold Legal has been highly ranked in international client guides to the best law firms on the market today, among them Legal 500, Chambers Europe and Chambers Global, and IFLR. Furthermore, the law firm Weinhold Legal has been ranked in 15 categories in the Law Firm of the Year 2021 Awards.