Pierce Bainbridge Ends Partnership With Funder Pravati
Law360 (May 17, 2019, 7:48 PM EDT) -- Litigation boutique Pierce Bainbridge has concluded its partnership with litigation funder Pravati Capital, whose investment helped fuel the young firm's rapid national expansion over the past two years, the parties confirmed Friday.
The partnership's ending was first made public two days after Pierce Bainbridge Beck Price & Hecht LLP and a former partner, Donald Lewis, lobbed cross-complaints of misconduct at each other Wednesday.
Managing partner John Pierce said the events were wholly unconnected, and both Pierce and Pravati spokesperson John Lovallo said the investment had been paid out in full.
"The firm's repayment of the Pravati-invested funds was completed long ago for...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!