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Litigation is often considered the bane of Corporate America. But one British firm considers it an asset.

January 1, 2009

The surplus of corporate litigation in the United States is rarely viewed as a positive, but for at least one British firm it constitutes a unique investment opportunity.

Juridica Capital Management, a UK-based investment firm, has put $90 million into 16 U.S. business-to-business lawsuits since its January 2008 initial public offering. "We see litigation as another type of asset sitting on a company's books," says Richard Fields, the American-born CEO and co-founder of the firm. An investment from Juridica provides "a way for companies to leverage and hedge their litigation risk and finance their own legal fees." Read more...

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