Weinhold Legal has advised Prague-based litigation financier LitFin on its entry into a strategic investment partnership with a US-based fund.
According to Weinhold Legal, “LitFin has been joined by a strategic partner, a fund from the US which invests exclusively in the litigation sector. It is one of the most prestigious funds in this area. It has over USD 1 billion under management.”
Prague-headquartered LitFin is a CEE-based litigation finance provider, covering various jurisdictions including the Czech Republic, Slovakia, Poland, and Hungary. The company focuses on disputes ranging from commercial disputes and arbitrations to group litigation/class action claims in employment and family law cases.
The Weinhold Legal team was led by Partner Martin Lukas and included Managing Associate Tomas Cermak and Senior Associate Karin Konecna.
Weinhold Legal was unable to disclose further information on the deal.