Portfolio finance in Maryland.
Portfolio-level capital for Maryland case inventories — revolving facilities, portfolio purchases, NAV lending, and co-investment, underwritten on court records.
Portfolio finance is available to Maryland firms with a defined book of active matters. Maryland has recognized champerty and maintenance principles, so Criterica Capital structures revolving credit facilities and NAV-based lending as a return on capital deployed against the firm's case inventory and coordinates with Maryland counsel on the state's fee and professional-responsibility rules.
Baltimore and the Washington suburbs anchor Maryland's legal market. Asbestos and mass tort, pharmaceutical litigation, lead-paint claims, medical malpractice, and commercial litigation are prominent, with the asbestos and pharmaceutical caseloads in particular producing long-duration inventories well suited to NAV-based lending against settled-but-unpaid judgments.