LEX FERENDA LITIGATION FUNDING EXPANDS TO DENVER; ANNOUNCES ADDITION OF PROMINENT LITIGATOR AND IN-HOUSE ATTORNEY ANDREW KELLEY

Rhea-AI Summary

Lex Ferenda Litigation Funding LLC (LF²) announced its expansion into Denver, Colorado, welcoming Andrew Kelley as Managing Director of Underwriting and Risk. Kelley, previously with DaVita Inc. (NYSE: DVA), brings extensive experience in dispute resolution, reportedly recovering hundreds of millions for clients. This strategic move aims to enhance LF²'s capabilities in the US litigation finance market, promising quicker decisions and improved client engagement. The firm emphasizes its commitment to high standards in risk management and investment processes, fostering supportive partnerships for clients navigating litigation costs.

Positive

• Expansion to Denver, enhancing presence in the litigation finance market.
• Addition of Andrew Kelley, who has a strong background in dispute resolution and litigation.
• Potential for faster decision-making and client engagement due to new management structure.

Negative

• None.

NEW YORK and DENVER, April 4, 2023 /PRNewswire/ -- Lex Ferenda Litigation Funding LLC "LF²" is pleased to announce its expansion to Denver, Colorado, with the addition of prominent in-house attorney and litigator, Andrew Kelley, who joins as Managing Director, Underwriting and Risk. He was previously Associate General Counsel and head of commercial litigation at Fortune 500 company, DaVita Inc. (NYSE: DVA).

"Andrew is an incredibly talented, business-oriented leader and lawyer with a long track record of successfully representing clients both as outside counsel and as in-house client representative," said Michael German, Chief Investment Officer at LF². "LF²'s clients will benefit from Andrew's deep understanding of the dispute resolution process, which led Andrew to successfully recover hundreds of millions of dollars on behalf of his clients during the course of his career," said German.

LF²'s expansion to Denver with Mr. Kelley marks an inflection point at the firm: "Our new outpost in the Rockies gives us key access to important US markets for dispute resolution," said Chief Operating Officer Chris Baildon. "With the addition of Andrew substantially focused on underwriting and risk management, clients can expect faster decisions, stronger engagement, and a supportive investment management team that is able to add value exponentially," said Baildon.

Before DaVita, Andrew was General Counsel to a private equity firm headquartered in Colorado. Before that he was outside counsel at two different international law firms in Colorado. Andrew received his J.D. from Harvard Law School and his Bachelor of Arts from University of Colorado, Boulder. He is actively licensed to practice law in Colorado.

"I am excited to be joining the team at LF² and look forward to applying my experience and training in this new and exciting space," said Kelley. "As a senior advisor to large companies, our advice and analysis is often a combination of sound legal advice and good business acumen, and I look forward to helping our clients and their counsel successfully navigate the dispute resolution process without having to worry about how to pay for their representation," said Kelley.

ABOUT LEX FERENDA LITIGATION FUNDING

LF² is a commercial litigation finance company anchored by institutional capital. LF² is structured with the objective of meeting the highest standards in investment process management, quality control, risk management, and compliance. For further information about LF², please visit: www.lf-2.com. For Investor Relations or other questions, please contact: Chris Baildon.

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SOURCE Lex Ferenda Litigation Funding

FAQ

What is Lex Ferenda Litigation Funding's new development in Denver?

Lex Ferenda Litigation Funding has expanded to Denver, adding Andrew Kelley as Managing Director of Underwriting and Risk.

Who is Andrew Kelley and what is his role at LF2?

Andrew Kelley is the new Managing Director focused on Underwriting and Risk at LF², bringing significant litigation experience.

How does LF2's expansion affect its clients?

LF²'s expansion is expected to provide clients with faster decisions and stronger engagement in dispute resolution.

What is the significance of Andrew Kelley's experience for LF2?

Kelley's track record in recovering substantial amounts for clients enhances LF²'s service offerings in litigation finance.

What company does Andrew Kelley come from?

Andrew Kelley previously worked as Associate General Counsel at DaVita Inc. (NYSE: DVA) before joining LF².