Albany, New York – Counsel Financial, a leading provider of litigation finance and loan servicing solutions, has announced the appointment of Nicholas D’Aquilla as the new Managing Director. This strategic move aims to strengthen the company’s capabilities in the mass tort industry. D’Aquilla, with over a decade of experience in the field and a background as a civil defense litigator for the Louisiana Department of Justice, brings a wealth of knowledge and a track record of success to the Counsel Financial leadership team.
D’Aquilla has established himself as a prominent figure in administering complex settlements, contributing to the resolution of more than $20 billion in mass tort settlements across various high-profile cases. His expertise spans a wide range of litigations, including environmental, pharmaceutical, medical device, and sexual assault matters. He will primarily focus on enhancing Counsel Financial’s mass tort underwriting processes and loan servicing offerings, utilizing his experience as a consultant for legal technology companies to refine the company’s servicing platform.
Paul Cody, President & CEO of Counsel Financial, expressed his enthusiasm for D’Aquilla joining the team, highlighting the significant enhancement this brings to the company’s litigation finance and loan servicing capabilities. Cody emphasized the value of combining the team’s extensive legal, financial, and litigation experience with D’Aquilla’s knowledge of the mass tort sector, creating unparalleled resources for the company’s law firm clients and institutional investors.
Prior to joining Counsel Financial, D’Aquilla played a vital role in a national bank’s complex settlement fund advisory team, where he developed innovative underwriting methodologies and analyzed over $1.5 billion in loan collateral derived from mass tort dockets.
Counsel Financial, an industry leader in originating, underwriting, and servicing loans for contingent fee law firms, has provided over $2 billion in capital investments to more than 300 law firms across various plaintiffs’ litigation areas. This includes personal injury, mass torts, class action, and labor and employment cases.
The addition of D’Aquilla to the Counsel Financial team is expected to bolster the company’s position in the litigation finance and loan servicing market, leveraging his expertise and experience to drive growth and success.