Congratulations to the deal team of Jon Talcott, Will Gaines, Mike Bradshaw, Peter Strand, and Kaylen Loflin on the closing of a $50 million private placement of five-year, investment-grade, unsecured senior notes for Legal Business Services, LLC, a New York-based specialty finance company comprised of three platforms for litigation funding and legal lending. The platforms consist of LawCash, a pre-settlement funding company providing litigation financing for plaintiffs, Momentum Funding, which provides non-recourse legal funding to plaintiffs in personal injury and workers’ compensation cases, and Ardec Funding, which focuses on pre-settlement and post-settlement law firm funding. Piper Sandler & Co. and GreensLedge Capital Markets LLC served as placement agents.

Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 800 attorneys and government relations professionals with offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.