BlackRobe Capital Partners, a firm that invests in litigation, has been dropped as a defendant from a lawsuit filed by another legal financing firm against one of its co-founders.
Balance Point Divorce Funding last week voluntarily dismissed BlackRobe from the lawsuit, which centers around funding that Balance Point provided to the former wife of BlackRobe co-founder Timothy Scrantom in their divorce.
The case, filed in February in U.S. District Court in Manhattan, continues against Scrantom...