EQS-Adhoc: Nakiki SE: New litigation funding agreement, value in dispute EUR 5 million: Funding for Defendant
EQS-Ad-hoc: Nakiki SE / Key word(s): Contract
Nakiki SE: New litigation funding agreement, value in dispute EUR 5 million: Funding for Defendant
26-Jun-2024 / 09:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Nakiki SE announces that Legal Finance International GmbH has concluded a litigation financing agreement with a value in dispute of up to EUR 5 million. This litigation financing agreement relates to funding for the defendant:
In selected individual cases, Legal Finance also finances the legal costs of the opposing party or defendant and, in the event of victory, receives twice the legal costs incurred as well as a staggered one-off payment as a premium. In this case, the premium can be up to EUR 785,000.
NAKIKI SE
Johnsallee 30
20148 Hamburg
Germany
Andreas Wegerich, CEO Nakiki
In selected individual cases, Legal Finance also finances the legal costs of the opposing party or defendant and, in the event of victory, receives twice the legal costs incurred as well as a staggered one-off payment as a premium. In this case, the premium can be up to EUR 785,000.
NAKIKI SE
Johnsallee 30
20148 Hamburg
Germany
Andreas Wegerich, CEO Nakiki
End of Inside Information
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1933097 26-Jun-2024 CET/CEST