X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A litigation funding company may move forward with a lawsuit against Parker Waichman Alonso, a personal injury law firm, over monies the company says it is owed from a 2007 settlement. Justice Joseph Maltese of the Supreme Court of New York, Richmond County denied the law firm’s motion to dismiss a suit by PS Finance LLC.

PS Finance had lent $34,750 to Timothy Farmer, a client of Parker Waichman, while the suit was pending in Queens County Supreme Court. When the suit settled in 2007 for $192,000, Farmer asked that the settlement be broken down with $92,000 going to his current wife, Ruth Ann Farmer, who was not a signatory to PS Finance’s funding agreements but was a plaintiff in the case. After deducting attorney fees and a child support lien, PS Finance received $30,440 from Mr. Farmer’s share of the award, which was not deposited.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.