Unique Funding Program for Vioxx Attorneys

Richard Schulte
Richard Schulte
Contributor
Posted by Richard SchulteNovember 16, 2007 4:03 PM

Counsel Financial Services (CFS), the nation's largest provider of working capital credit lines exclusively to attorneys, announced today that it will provide loans to litigators representing Vioxx plaintiffs, in the wake of Merck & Co.'s recent announcement that it has established a $4.85 billion victim fund to settle thousands of lawsuits.

Together with one of the largest financial institutions in the world, Counsel Financial Services offers flexible four-year credit lines exclusively to attorneys based on their contingent case portfolio. Lines range from $50,000 to $25 million and CFS has pledged to avail its experienced staff attorneys to work 24/7 to ensure loan applications from Vioxx litigators are processed quickly. CFS is also waiving the standard $500 application fee for loans associated with the Vioxx cases.

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