Downturn

Stamford, Connecticut – In a notable financial maneuver, Gramercy, an investment management firm, has successfully achieved a substantial return on investment by refinancing a loan extended to the mass tort law firm, Rueb Stoller Daniel. This move not only underscores Gramercy’s strategic acumen but also illuminates a ray of hope in an industry that has recently seen a downturn in returns from mass tort proceedings. Interestingly, the successful refinancing of the $85 million loan was buoyed by the law firm’s ability to settle cases which covered more than the outstanding loan amount. Specifically, the settled … Read more