collateral News

NY Attorney Gets Three Years in Cash4Cases Litigation Funding Scheme

A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt litigation finance firm called Cash4Cases. According to the U.S. Attorney for the Southern District of New York, Jaeson Birnbaum previously …

Viewpoint: Secured and Unsecured Claims – What’s the Difference?

Understanding the basics of bankruptcy is crucial as it could be your legal lifeline whether you’re drowning in debt or fighting a legal battle to receive debt payments. Though you can petition the court or seek assistance of an attorney, …

Boy Scouts Mortgage Vast New Mexico Ranch Amid Sex-Abuse Litigation

The Boy Scouts of America has mortgaged one of the most spectacular properties it owns, the vast Philmont Scout Ranch in New Mexico, to help secure a line of credit as the financially strapped organization faces a growing wave of …