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