Legal finance ABS pools settlement receivables from multiple cases and makes them available to capital partners as a single vehicle. Rather than funding cases one at a time, a pool distributes risk across a diversified set of matters — different case types, jurisdictions, and expected timelines. Case outcomes drive performance.
Criterica Capital helps evaluate and prepare requests for ABS-permissive structures, applying the same review process it uses for individual requests. We do not change what we look for in a case. We apply it consistently whether a request is for a single plaintiff or a broader capital pool.
Every case included in a pool Criterica Capital prepares goes through the same review it applies to individual requests: liability assessment, damages analysis, attorney track record, and jurisdictional considerations. We do not relax standards at the pool level. Capital partners can expect consistent case review across the portfolio.
Every financing request Criterica Capital prepares is evaluated against outcomes, not collateral. Our models are trained on real court records across US federal courts, state courts, and international jurisdictions.
We assess jurisdiction-level recovery rates, case-type outcome distributions, time-to-resolution curves, and attorney performance history before a request is prepared for independent capital providers.