Hazel Partners approved an additional $58,450 in funding, increasing the Operational Collection Escrow Floor to $8.7M as of September 2, 2026.
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Latest 5 stories · newest Oct 1, 2026
The Special Committee of MSP Recovery, Inc. and Virage have agreed to terms for a limited advance to support ongoing operations. This financial support is essential as the company navigates its restructuring process.
MSP Recovery Inc. requested an additional $208,000 in funding from Lender Hazel Partners Holdings to increase the Operational Collection Floor. This request follows a history of significant prior disbursements totaling over $5.5 million.
Virage Capital Management advanced $61,228.73 to MSP Recovery, LLC to support accounts payable operations under existing LLC agreement terms. The advance is contingent on reimbursement from future loan proceeds or financing transactions.
Virage Capital Management LP advanced $94,000 to MSP Recovery LLC to support accounts payables, with repayment required from proceeds of future financing transactions or debt offerings. The agreement includes conditions for appointing a Chief Restructuring Officer and reflects ongoing capital needs …
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