Press Releases (Page 400)

MSP Recovery Enters Into Agreement With Prudent Group To Monetize Up to $250 Million in Certain Property & Casualty Claim Recoveries on a Non-Recourse Basis

Agreement Relates to Previously Announced Individual Claim Demand Letters Being Sent by MSPR to Property and Casualty InsurersCORAL GABLES, Fla., July 04, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR” or the “Company”) today announced that the Company has entered into an agreement to monetize up to $250 million of the value of MSPR’s Net Recovery Proceeds, as defined below, with Prudent Group. “This agreement is... ❯❯❯