BATON ROUGE, La. – Counsel Financial, a firm specializing in litigation finance and loan servicing, has announced the appointment of Nicholas (Nick) D’Aquilla, Esq. as its new Managing Director. This strategic move aims to strengthen the company’s capabilities in finance and servicing. D’Aquilla brings extensive experience in the mass tort industry, having worked as a civil defense litigator for the Louisiana Department of Justice and contributing to the administration of over $20 billion in mass tort settlements.
D’Aquilla’s expertise lies in administering complex settlements, particularly in high-profile cases related to environmental, pharmaceutical, medical device, and sexual assault matters. He has been instrumental in resolving more than 40 mass tort and class action litigations. With his appointment, D’Aquilla will focus on enhancing Counsel Financial’s mass tort underwriting processes and loan servicing offerings. He will develop advanced valuation models based on historical settlement data and contribute to the refinement of the company’s servicing platform through his experience as a consultant for legal technology companies.
Paul Cody, President & CEO of Counsel Financial, believes D’Aquilla’s addition to the team will significantly enhance their litigation finance and loan servicing offerings. With over 200 years of combined legal, financial, and litigation experience among the team, coupled with D’Aquilla’s knowledge of the mass tort sector, the company aims to provide unparalleled resources to their law firm clients and institutional investors.
Prior to joining Counsel Financial, D’Aquilla played a key role in a complex settlement fund advisory team for a national bank. He developed innovative underwriting methodologies that facilitated credit extensions to mass tort plaintiffs’ firms and analyzed and valued over $1.5 billion in loan collateral derived from mass tort dockets.
Counsel Financial, an industry leader in providing financing solutions for contingent fee law firms, has invested over $2 billion across 300+ law firms to support the growth of plaintiffs’ litigation in various areas, including personal injury, mass torts, class actions, and labor and employment.
In summary, Counsel Financial has appointed Nicholas D’Aquilla as its new Managing Director to bolster its strategic capabilities in litigation finance and loan servicing. D’Aquilla’s extensive experience in administering complex settlements and his knowledge of the mass tort sector position him as a valuable asset to the company. With this appointment, Counsel Financial aims to enhance its mass tort underwriting processes and loan servicing offerings, providing unparalleled resources to their law firm clients and institutional investors.