A potentially increased threat
Commercial vehicle operators are typically licensed differently than most drivers and are specially trained to operate commercial vehicles safely. Nonetheless, pedestrians are struck by commercially operated vehicles and injured or even killed. Whether the incident is caused by malfunctioning equipment, road/weather conditions or operator error, when a pedestrian is struck by a commercial vehicle, resulting injuries can be even more serious than a typical motor vehicle strike, as commercial vehicles tend to be larger and heavier than other vehicles on the road. Operators and owners of commercial vehicles must carry insurance policies intended to cover those drivers and vehicles.
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Legal funding is not a loan, it is non-recourse funding on a plaintiff’s claim. That means if the case is lost or not settled, Rockpoint is not owed any funds.