LifeWallet Announces Continued Negotiations On Previously Announced Transactions And Completion Of Credit Agreement Providing Significant Working Capital For Ongoing Recovery Efforts
Benzinga
MARCH 10, 2023
The Company currently anticipates purchasing the claim recovery rights at approximately $0.20 The Company has previously reported recovering on similar accident-related litigation-based claims, 1st party demand letters, 3rd party demand letters, and case and lien recoveries at recovery multiples of 2.1x, 1,8x, 4.4x, and 1.7x, respectively.
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