- ISIN DE000WNDL300
- Land Deutschland
Legal Finance SE
Legal Finance SE: Corporate actions, change of company name
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Issuer: LF Legal Finance SE
/ Key word(s): Corporate Action/Capital Increase
The litigation financing company Legal Finance SE has successfully completed corporate actions: Conditional capital of EUR 1.5 million was created on 25 July 2023 and entered in the Commercial Register on 27 September. The management is authorised to increase the share capital by up to EUR 1.5 million within 5 years by issuing up to 1.5 million new Legal Finance shares against cash or non-cash contributions. Legal Finance has thus set the course for strengthening its capital base and will be able to complete further litigation funding in the future on an accelerated basis. This is because in some large cases the decision to fund needs to be made quickly. Legal Finance, through its subsidiaries Legal Finance International GmbH (Düsseldorf), Legal Finance Processing Ltd. (London) and possibly other subsidiaries in the future, plans not only to fund litigation from the outset, but also to provide funding for ongoing litigation. It is precisely in these cases that quick decisions are required, as court deadlines are running. The company name was also changed from LF Legal Finance SE to Legal Finance SE. Legal Finance SE Legal Finance SE stock
Legal Finance is a litigation financing company based in Frankfurt am Main, Germany, which invests in international legal claims and litigation. Legal Finance finances standard litigation, e.g. in Germany, as well as large international litigation, mass torts, speculative claims, insolvency claims, special proceedings, e.g. state liability, UDRP, URS, ADR and similar, enforcement and debt collection. Legal Finance finances, among others, through Legal Finance International GmbH (Düsseldorf) and Legal Finance Processing Ltd. (London).
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