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LionFish Litigation Finance (UK) is launching a suite of financing solutions for insolvency claims in the UK.
Senior Journalist covering the Credit Strategy, TRI News and Reward Strategy brands.
A subsidiary of AIM-listed RBG Holdings plc, a professional services group, LionFish announced this week the launch of ISLERO, which it claimed will be able to offer cheaper and more flexible pricing structures, including some rate-based alternatives.
LionFish said ISLERO will adopt the same principles that underpin LionFish’s overall litigation financing activities. It will be using the operational, corporate and financial support of RBG to bring together legal knowledge, litigation funding experience and financial engineering ability to create solutions and alternatives.
After setting up its operational infrastructure, Lionfish has originated and reviewed more than 60 funding opportunities, of which four have been approved and two have been executed so far.
Tets Ishikawa, managing director of LionFish Litigation Finance, said: “The calls from insolvency practitioners and solicitors for cheaper, faster and more flexible financing solutions have been getting louder and louder for a while.”
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