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33 sats \ 1 reply \ @winteryeti 7h
This is not a new concept. Settlement brokers regularly find and purchase claims at cost to potentially win more in final suit or settlement with the primary defendant.
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0 sats \ 0 replies \ @beyond_turbulence OP 4h
The article says it was formalized ~800 years ago and like 2000 years old, I believe!
“The Litigation Recyclers”
The “innovation” in legal finance?
Same old game, fancier pipes.
The playbook:
1. Buy the brine (your messy lawsuit, discounted).
2. Run it through “proprietary filters” (aka their lawyers).
3. Sell the purified output (to someone who cares).
The “disruption”?
A neon label on an ancient power wheel | still.
No new science.
Just better branding … for the same hustle:
Garbage Collection 101
“We turn your legal waste into someone else’s gold.”
The real skill?
Not invention.
Patience.
They’re not disruptors.
They’re pawnbrokers with PowerPoints.
The product?
Your conflict, monetized.
The system?
Still rigged.
The twist?
You know they’re counting on it.
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0 sats \ 0 replies \ @beyond_turbulence OP 8h
Thanks ! Got subgratance? #1331440
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0 sats \ 0 replies \ @beyond_turbulence OP 8h
“The decision to sell rather than sue, he said, was based on “significant economic damage calculations,” including the time value of money and …”
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