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splithappens

11/01/17 6:28 PM

#189198 RE: fourthjohn #189196

SFOR got 1.5M. The pay back is as follows.

1.5M
followed by 6M paid back at 10% of each settlement.

Thats a total of 7.5M back to the lender.

Then for any other future settlements, above and beyond the 7.5M, the lender gets 2.5%.

This is Litigation Financing and the terms are typial for this type of lending product.

They get paid back as settlements occur.

Hope this helps

IMO
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SmallBuy

11/01/17 7:16 PM

#189201 RE: fourthjohn #189196

no no but it is perpetual..

even stevens plus 2.5 then plus 8 for gains. essentially and one lump i think of 50% for entire perpetuity.


like evens on the 1.5 and plus the %

then 250 perpetual paid even stevens for ongoing litigation plus 8%