SAN FRANCISCO, March 3, 2016 /PRNewswire/ -- Lake Whillans Litigation Finance LLC, a firm specializing in litigation finance and distressed venture capital, today announced its expansion in serving Silicon Valley-based companies, corporate counsel, entrepreneurs, and venture capital firms. Lake Whillans has established an office in Palo Alto to continue to build its services and partnerships in the Bay Area.
Established three years ago, Lake Whillans provides litigation funding to companies in a variety of industries including telecommunications, medical devices, pharmaceutical, construction and software. The firm has deployed over $50 million in active capital.
"Since our inception, we have focused on supporting high-growth, often venture-backed businesses that have been harmed by wrongful conduct," said Lee Drucker, co-founder of Lake Whillans. "Our capital is used by companies to more efficiently finance legal claims and operations, allowing them to grow and succeed while they resolve complex legal issues that might otherwise cause them to stumble."
Since its founding, Lake Whillans has provided capital to companies being represented by some of Silicon Valley's top law firms including indigenous local firms and leading international and national firms with Silicon Valley offices. Each of those efforts have resulted in significant returns for Lake Whillans' clients. The new Palo Alto office is opening to further Lake Whillans' commitment and availability to the technology community.
"In the past few years, litigation finance has become a highly valued alternative for companies that want to continue growth, product development and expansion," said Daniel Bergeson, founding partner of Bergeson, LLP. "Lake Whillans was created with the founder/entrepreneur in mind and specializes in providing not only financial capital – but also further operational and strategic leadership to guide companies through the legal process."
Lake Whillans' West Coast office is located at 228 Hamilton Avenue, 3rd Floor in Palo Alto. The office will be led by Lee Drucker.
About Lake Whillans Litigation Finance
Lake Whillans is a litigation finance and distressed venture capital firm serving the national market. Among the ways that Lake Whillans invests in companies include: purchasing an interest in the proceeds of a claim or portfolio of claims, purchasing claims or assets in their entirety or directly investing in companies whose prospects are closely tied to the outcome of a litigation or arbitration. More information about the firm and the clients it serves is available at www.lakewhillans.com.
SOURCE Lake Whillans Litigation Finance LLC