An Arizona-based litigation funder that sued Tom Girardi last year claiming that he used loan funds designated for his law firm to fund a “lavish lifestyle” has agreed to pursue its claims in arbitration.
Lawyers at DLA Piper filed court papers Thursday indicating that their client, Stillwell Madison, had agreed to stay fraud claims against the prominent plaintiffs lawyer, his firm and his wife, while the lender pursues its contract claims concerning a $3,454,804 loan forbearance agreement through expedited arbitration proceedings with JAMS.
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