Ambitious litigation funder strengthens ties with seasoned player
Woodsford Litigation Funding has strengthened is existing ties with IM Litigation Funding by acquiring the IMLF name, its goodwill, website and on-going rights relating to certain invested claims.
IMLF was a first-mover in the UK and started funding insolvency claims almost 10 years ago. The company has a proud record, having reviewed around 650 claims, invested significant capital in over 50 and achieved a success rate approaching 80%.
Woodsford is a more recent entrant and has put together a strong executive team and Investment Advisory Panel with wide-ranging expertise to build a portfolio of high value commercial claims. Peter Horrocks, a shareholder and director of IMLF and, more recently, a member of Woodsford's Investment Advisory Panel, comments:
"IM Litigation Funding has blazed a trail in the sector and enjoys high profile built on its professional approach over many years. Litigation funding continues to level the financial playing field for those with meritorious claims and I look forward to continuing to give Woodsford the benefit of my hugely interesting and challenging experience at IMLF"