Litigation Funding
“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.”
- Mark Twain
Alleviating pressure by securing capital to win the case.
Now close to deploying over half a billion dollars since 2014—and a formidable name in Litigation Finance for over a decade—Mirena is recognized as one of the trailblazers in the Legal Finance Industry. As a funding specialist, she works with firms to provide equitable, market-oriented finance solutions for a variety of contingency-fee dockets, such as class action, mass tort, personal injury, intellectual property, environmental, employment law cases, to name a few.
She strategically unlocks liquidity and gives firms more time to process a case, hire the best experts, and acquire an inventory of new cases to steadily increase chances for a successful claim.
Curating and Managing Litigation Funds
Since the majority of settlements take months or even years to resolve, a practice cannot always rely on standard banking processes to fund a claim. Because capital creates momentum to win a case, the need for legal financial backing becomes critical.
Known for his dexterity in both trial law and asset management, Mirena invites the sage attorney, Martin Shellist, co-founder and Managing Director of VIRAGE CAPITAL MANAGEMENT to discuss the practical application of litigation funding in THE HEART OF LAW
Throughout the conversation, we see how Martin approaches his work at VIRAGE and the high ideals it operates by—equitable and upstanding. As Martin predicts the future direction and specialized evolution of litigation finance, we couldn’t help but feel relief hearing from someone who cares enough to help us find the right questions and gives us the courage to ask them.
(Catch the full episode HERE)
Business Tort Claims
Product Liability
Medical Malpractice
Toxic Torts
Commercial Trucking
Prescription Drug Litigation
Premises Liability
Motor Vehicle Accidents
Large Disputes
Mass Torts
Class Actions/Group Litigation
Personal Injury Claims
Wrongful Death
Contract Claims
Contingent Fee Practice
Billable-hour practice
Commercial Litigation
Environmental Litigations
Pre-Settlement Funding
Also known as Non-Recourse Pre-Settlement Funding and Pre-Settlement Finance, this capital is a type of cash advance in exchange for a portion of expected future settlement proceeds. It is a way of receiving money before the settlement of a case. Mirena & Co. helps plaintiffs acquire and manage funds to help them go through the major life-changing events brought about by ongoing litigation.
Personal Injury
Premises Liability
Product Liability
Medical Malpractice
Wrongful Death
Post-Settlement Funding
A type of litigation funding that bridges the gap between the date of a settlement and the final payment of the settlement proceeds. Plaintiffs who apply or use this type of funding already won the settlement, but are still waiting for the funds of the case. Post-Settlement Funding differs from Pre-Settlement Funding in offering a lower interest rate.
Commercial/Patent Litigation
Competition and Antitrust Litigation
Insolvency Litigation
Law Firm Litigation
Class Action Lawsuits
DIP Financing (for Chapter 11 bankruptcy)
International Arbitration
Securities/Shareholder Lawsuits
Competition and Antitrust Litigation
