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Mustang Litigation Funding of Wayzata, Minnesota; Mustang Specialty Funding I and II; James "Jimmy" Beltz, and Kevin Cavanaugh Remove Legal Bay Lawsuit to New Jersey Federal Court

PR Newswire - Press Release

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Legal Bay Lawsuit Funding filed a lawsuit against the above parties in New Jersey Superior Court, Chancery Division, on May 19, 2022, claiming that the Mustang entities engaged in a course of wrongful conduct designed to divert litigation funding originations from a joint venture established by Legal Bay and the above-named Mustang principals. Mustang has embarked on a campaign of direct competition with Legal Bay and the recognized joint venture. Legal Bay's complaint also alleges that Beltz and Cavanaugh fraudulently induced Legal Bay to do business with the Mustang entities as a joint venture.

Read more at prnewswire.com

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