Key Takeaways:
- Manchester-based litigation finance firm, IQuote Limited, invests €25 million into Spanish legal tech company, Cartel.es, known for handling claims related to cartel price fixing.
- The investment aims to support Cartel.es in expanding its operations across Europe, enhancing access to justice for consumers impacted by corporate cartels.
- Cartel.es employs proprietary technology to assess and quantify claims efficiently, ensuring faster resolutions and tangible outcomes for affected individuals.
Empowering European Justice: A Historic Investment
In a monumental move set to reshape the landscape of European justice, a Manchester-based litigation finance firm has committed €25 million to bolster the operations of a pioneering Spanish legal tech company, Cartel.es. This groundbreaking investment aims to catalyze Cartel.es’s expansion across the continent, paving the way for enhanced access to justice for consumers affected by corporate cartels.
Unveiling the Deal: IQuote Limited’s Strategic Investment
Driving Access to Justice
IQuote Limited, spearheaded by CEO and founder Craig Cornick, is at the forefront of empowering individuals to access justice. With a strategic focus on legal asset and opex capital loans, IQuote Limited has positioned itself as a key player in the legal finance sector. The firm’s historic €25 million investment in Cartel.es underscores its commitment to championing innovative solutions and breaking down barriers to justice.
Supporting Cartel.es’s Mission
Craig Cornick emphasizes the significance of the investment in supporting Cartel.es’s mission to address corporate cartels and deliver tangible justice to affected individuals. By providing financial backing and expertise, IQuote Limited aims to amplify Cartel.es’s impact across Spain and beyond, ensuring that justice becomes a tangible reality for millions.
Revolutionizing Legal Tech: Cartel.es’s Proprietary Technology
Efficient Claims Assessment
Cartel.es, the trading name of LegalTech Ventures S.L, stands at the forefront of legal tech innovation. With a focus on handling claims related to cartel price fixing, the company has developed proprietary technology to assess and quantify each claimant efficiently. By leveraging cutting-edge technology, Cartel.es streamlines court proceedings, facilitating faster resolutions and empowering individuals to seek justice effectively.
Partnering for Success
Adam Peake, Co-founder and Chief Investment Officer of Cartel.es, expresses pride in the company’s work and excitement about partnering with IQuote Limited. By joining forces with a firm renowned for its expertise in complex legal matters, Cartel.es aims to make lasting contributions to the European legal landscape. Together, the two entities are poised to bridge the gap between individuals and their right to legal recourse, fostering a more just and equitable society.
The Road Ahead: Bridging the Justice Gap
Commitment to Justice
With a steadfast commitment to championing businesses that empower individuals to access justice, IQuote Limited remains dedicated to its mission of breaking down barriers to legal resource. Through strategic investments and expansion initiatives, the firm is poised to continue its journey of bridging the justice gap and making a meaningful impact on a global scale.
Vision for the Future
Looking ahead, IQuote Limited is determined to keep growing and expanding its reach, with a focus on fostering innovation and driving positive change in the legal landscape. By championing businesses like Cartel.es and supporting their endeavors to enhance access to justice, IQuote Limited remains steadfast in its pursuit of a more equitable and just society.
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