Category Archives: Kansas

U.S. District Court Holds that Purchase of Future Settlement Proceeds Violates Kansas Usury Law

A litigation finance firm advanced funds to an individual that was pursuing a personal injury case against a gas can manufacturer. After receiving a series of cash advances, the individual filed suit against the financing firm in U.S. District Court alleging that the … Continue reading

Posted in Civil Usury, Federal Court, Kansas, Sale vs. Loan, Usury Cap, Usury Exceptions | Comments Off on U.S. District Court Holds that Purchase of Future Settlement Proceeds Violates Kansas Usury Law