Bankrupt Houston Law Firm Forms Unique Deal with Creditor to Split Lawsuit Proceeds
Houston, TX – In a strategic move amid bankruptcy proceedings, Houston-based MMA Law Firm PLLC has entered an agreement to share the revenue from its bulk of mass tort lawsuits with Equal Access Justice Fund LP, one of its principal creditors. This new deal could significantly affect the financial recovery of the firm, which has struggled financially in recent months. MMA Law Firm, known for its significant role in mass tort litigation, faced financial turmoil leading to its recent bankruptcy declaration. The partnership with Equal Access Justice Fund is seen as a pivotal strategy to … Read more