A litigation finance startup is suing its partner in a venture to buy legal claims from merchants eligible to partake in a record $5.6 billion settlement.
Miami-based CoreStream Capital LLC is targeting Managed Care Advisory Group LLC, a firm that specializes in helping class action claimants maximize their recoveries. The lawsuit in Delaware’s Chancery Court says Managed Care is breaching its pledge to connect CoreStream with top clients who may be interested in selling their piece of the largest antitrust settlement in history, which resolved a case challenging Visa and Mastercard swipe fees.
“CoreStream needed introductions to claimants, and ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.