Skip to main content

Fortress Investment Group Takes Over Therium’s Litigation Portfolio in Major Industry Shake-Up

Fortress Investment Group has quietly assumed operational control of Therium Capital Management’s global litigation-funding portfolio, completing a discreet transfer executed on 11 June 2025 after months of deep restructuring at Therium.

The hand-off, which covers more than forty active disputes spanning Europe, Asia and North America, is the largest realignment the asset class has seen since the United Kingdom’s PACCAR decision tightened recoverability rules for funders last year. Fortress, an alternative-assets manager overseeing roughly US $70 billion and already exposed to some US $6.8 billion in legal assets, will now set budgets, determine strategy and authorise capital calls for every matter previously under Therium’s watch.

Practitioners predict an immediate cultural shift. Therium historically offered flexible, claimant-friendly drawdowns and tolerated longer timelines; Fortress operates on quarterly performance metrics, demands weekly reporting and applies strict risk-adjusted return hurdles. Claimants whose cases have drifted, or whose damages models have weakened, may be pressed to accept earlier settlements, post additional security or face funding withdrawal if revised forecasts fail to satisfy those hurdles.

Insiders also anticipate tougher document scrutiny. Fortress is expected to require comprehensive counsel memoranda, granular budgets broken into six-month tranches and rolling scenario analyses before it releases each slice of capital. Lawyers who miss new benchmarks risk payment delays, while co-funders may be asked to surrender a larger share of upside to compensate for heightened volatility.

The controversial US $14.92 billion claim brought by the heirs of the Sultanate of Sulu against Malaysia remains funded but “under review.” Observers believe Fortress will keep the asset on the books until a Spanish court rules on pending annulment proceedings, yet several sources caution that further adverse findings could trigger an exit clause embedded in the transfer agreement.

Stakeholders therefore have a narrow window to renegotiate terms before Fortress completes its baseline portfolio review in early July. Delays will likely prove costly for all parties.

Analysts view the takeover as part of a broader consolidation trend in which large credit houses seek to ring-fence litigation risk during an era of rising capital costs. Should Fortress succeed in streamlining the inherited book, peers such as Burford Capital and Omni Bridgeway may pursue similar bolt-on acquisitions to defend margins and reassure investors.

For claimants and law firms the message is clear: documentation must be airtight, timelines realistic and economic models defensible, because the era of lightly monitored, open-ended funding has ended.

Image Source: Fortress Investment Group

About KnowSulu.ph

Know Sulu is a collective of scholars dedicated to preserving and sharing the Sulu people’s heritage and present-day realities. Through rigorous research and firsthand narratives, it documents Sulu’s historic leadership, cultural richness, and ongoing socioeconomic challenges. The platform amplifies Sulu voices, fosters informed dialogue, and invites partners to support a resilient community’s future.
 
This Press Release has also been published on VRITIMES

 

Comments

Popular posts from this blog

Revving Up the Future: Toshiba's New Photorelay for Electric Vehicles

Hey there, tech enthusiasts and automotive aficionados! Today, we're diving into the electrifying world of automotive technology. Hold onto your seats because Toshiba Electronic Devices & Storage Corporation has just dropped a game-changer! Meet the TLX9152M, an automotive photorelay that's set to turbocharge the performance of high-voltage automotive batteries. With its output withstand voltage of 900V(min), this little marvel is about to make a big splash in the realm of electric vehicles (EVs). Let's cruise through this exciting innovation and see what makes it so special. Electric vehicles are zooming into the future, and improved charge times and longer cruising ranges are at the forefront of this revolution. Imagine gliding down the highway with confidence, knowing your battery is operating at peak efficiency. That's where Battery Management Systems (BMS) come into play. These systems are the unsung heroes that monitor battery charge status and ensure the insu...

Hola! Unveiling Comcast's NOW TV Latino: A Game-Changer in Spanish-Language Streaming

Hey there, amigos! If you're a fan of Spanish-language entertainment, then I've got some super exciting news for you. Comcast has just dropped a bombshell with their latest offering—NOW TV Latino. It's like hitting the jackpot for anyone who loves binge-watching novelas, staying updated with live news, catching the latest sports action, or simply chilling with blockbuster movies. And the best part? It’s all available for just $10 a month. No hidden fees, no contracts. Sounds too good to be true? Let's dive into the juicy details! First things first, let’s unpack what Comcast is offering with NOW TV Latino. Picture this: over 25 live Spanish-language streaming channels, plus access to Peacock Premium. Yes, you heard that right. For just $10 a month, you get a comprehensive mix of movies, shows, sports, and news. It’s like having your own mini-cinema, news hub, and sports bar all rolled into one.  With channels like Cinelatino, Sony Cine, Televisión Dominicana, and Viendo...

Handheld Group Exhibits an Ultra-rugged Android Tablet

Cheapo and ordinary Android tablets can be found everywhere. It's also inundates the market for typical and average Tom, Dick and Harry. However, if you need a rugged, heavy-duty and future-proof Android Tablet,  Handheld Group has it, it's called Algiz RT10. This ultra-rugged and enterprise Android Tablet is having an Android Enterprise Recommended (AER) which is by certified by Google itself.  The Algiz RT10 is equipped with a Qualcomm Snapdragon 5G, Android 11 operating system, IP67 rating for water, dust, shock and extreme weather temperature into the bargain. High-resolution, sunlight-readable 10-inch touchscreen with super-hardened glass and rain-and-glove mode. Google GMS for Play Store and Google Maps access. 5G, 4G/LTE high-speed data, Wi-Fi, BT and NFC. Built-in u-blox NEO M8U chipset for GNSS location data using GPS, GLONASS, Galileo, QZSS and BeiDou. 13-megapixel rear-facing and 5-megapixel front-facing cameras. Full-day, user-replaceable ba...