A growing part of the funding business is providing funding for both attorneys and clients where a plaintiff's verdict was taken and the matter is up on appeal. There is certainly available funding in these circumstances.
Several factors are looked at in evaluating the strength of the verdict which include;
1. The verdict itself; liability, comparative negligence and damages,
2. Amount of available insurance(who is the carrier),
3. Status of post-trial motions;Issues on appeal,
4. Were offers made before the verdict(how much),
5. Has a bond been posted by defendants?
6. Strength of the underlying liability and damages and
7. How long will appellate process take?
These are all pertinent factors considered in evaluating funding for a verdict on appeal.
Contact me if the situation arises for you or your client.
Best to all for the Labor Day holiday.
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