About

JBSL is the preeminent innovator in the litigation finance space. We originate and syndicate large, structured, non-recourse loans to the top mass tort and other law firms in the U.S. and facilitate secondary market trading of litigation risk.

Over the last half decade, our team originated, invested in and syndicated more than $5B in legal finance transactions.

Through our syndication model, JBSL invests its own balance sheet and brings a select group of world-class co-investors into every deal. This allows us to provide borrowers with facilities more akin to traditional commercial lending and provides investors with deal-flow sourced by our team of widely regarded experts in legal finance.

JBSL are thought-leaders in the asset class, frequently consulting for other litigation funders and hedge funds and their LPs concerning the secondary market and the structuring of investments.

JBSL is the only team on Wall Street that regularly facilitates secondary market trading of other financiers’ litigation risk.

Justin Brass, Co-Founder
Justin brings over 23 years of experience to JBSL, having previously served as Co-Head of Stifel’s Litigation Finance Group. Prior to that, he created and ran the Complex Opportunities business at a large publicly traded litigation funder. Justin has an LLM in bankruptcy, practiced law at Paul Weiss, and clerked for Judge Robert D. Drain in the US Bankruptcy Court for the Southern District of New York, before moving to the investment side of legal assets.

Sarah Lieber, Co-Founder
Sarah brings over 20 years of experience to JBSL having previously served as Co-Head of Stifel’s Litigation Finance Group. Prior to that, she created and ran global origination at a large publicly traded litigation funder. Before moving to the investing side of legal assets, Sarah was Deputy General Counsel and head of litigation of monoline bond insurer CIFG Assurance, and practiced law at the global law firm Jones Day.