Litigation Financing
A Federal Judge in Arkansas recently approved an $84.9M settlement in the Pilot Flying J scandal. The case centered on more than 5,500 truckers who were promised rebates by Pilot Flying J, the nation’s largest retailer of diesel fuel, but never paid the promised rebates. Owners of Pilot reportedly had no knowledge of the alleged scheme, and worked wi...
* In most jurisdictions, a law firm can recover finance charges related to funding case expenses from case awards, but the compliance requirements can be too expensive to implement. Only Advocate Capital, Inc. has the proprietary AdvoTrac® expense tracking system and service team that allows firms to easily comply with allocation and reporting requirements. So, for example, if a firm recovers at least 90% of its advanced case expenses, like most of our clients, the annual net cost of funds is very small-typically less than 1%. Contact us to discuss how our program can work for your firm. All loans are subject to credit approval, and terms and conditions may vary.
Financial Services provided through Pinnacle Bank, a Tennessee bank Member FDIC and Equal Housing Lender. Loans are subject to credit approval.
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