An insolvency litigation funding service launched by Liverpool law firm Provenio Litigation a year ago is now backing claims worth more than £10m. Tony McDonough reports
Liverpool law firm Provenio Litigation launched its insolvency litigation and financing optimise a year ago and the venture already has an “exceptionally strong” pipeline.
LBN revealed in early 2024 that Provenio had created Optimise to support the work of insolvency practitioners to make the best possible recoveries for the creditor estates.
The liquidator or administrator receives an upfront payment and an agreed percentage of the final recovery on the claim. Now Provenio has revealed Optimise is…
