Proceeds

Bankrupt Houston MMA Law Firm Forms Deal with Equal Access Justice Fund to Share Mass Tort Proceeds

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HOUSTON — A significant development has emerged from the financially troubled MMA Law Firm PLLC, which is currently undergoing bankruptcy proceedings. The firm has reached an agreement to distribute the proceeds from its mass tort lawsuits with litigation funders Equal Access Justice Fund LP, a crucial creditor in its financial restructuring efforts. This decision marks a pivotal moment in the law firm’s ongoing legal and financial challenges, as it seeks to navigate its bankruptcy while ensuring that essential funding remains available for its ongoing cases. The partnership with Equal Access Justice Fund highlights the pivotal … Read more

Bankrupt Houston Law Firm Forms Unique Deal with Creditor to Split Lawsuit Proceeds

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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

Houston’s Bankrupt MMA Law Firm Forms Strategic Pact with Key Creditor to Share Litigation Proceeds

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Houston-based MMA Law Firm PLLC, currently navigating bankruptcy, has reached an agreement to divide the proceeds from its mass tort litigation with Equal Access Justice Fund LP, a principal creditor. This partnership marks a critical phase for the law firm as it seeks to resolve its financial difficulties. Founded a decade ago, MMA Law Firm initially specialized in personal injury and worker compensation cases, but eventually expanded its focus to include mass tort lawsuits, which involve claims from numerous plaintiffs against corporate defendants. The firm’s foray into this area significantly increased its caseload but also … Read more

Bankrupt Houston Law Firm Partners With Litigation Funders to Salvage Proceeds from Ongoing Lawsuits

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Houston, Texas — The financially embattled MMA Law Firm PLLC, based in Houston, has entered into a significant agreement with one of its principal creditors, Equal Access Justice Fund LP. Under the new arrangement, the law firm will share the revenue from its collection of mass tort lawsuits. MMA Law Firm, which recently declared bankruptcy, sees this partnership as a strategic move to stabilize its financial standing while still actively pursuing justice in its large-scale legal cases. These cases typically involve claims against corporations for damages that affect large groups of people. Under the terms … Read more