Mass Tort Expert Nicholas D’Aquilla Strengthens Counsel Financial Team

In a significant development for the legal finance sector, Counsel Financial has announced the appointment of Nicholas (Nick) D’Aquilla, Esq. as its new Managing Director. D’Aquilla, with an impressive background in the mass tort industry and previous experience as a civil defense litigator for the Louisiana Department of Justice, is set to bring a wealth of expertise and a successful track record to the Counsel Financial leadership team.

D’Aquilla's career highlights include his role in administering complex settlements, where he played a part in managing over $20 billion in mass tort settlements across numerous high-profile cases. His proficiency in solution design and oversight services has been instrumental in resolving more than 40 mass tort and class action litigations, covering a wide range of issues from environmental to sexual assault matters. In his new role, D'Aquilla aims to enhance Counsel Financial's mass tort underwriting processes and loan servicing offerings through the development of advanced valuation models and leveraging his experience with legal technology companies.

Paul Cody, President & CEO of Counsel Financial, expressed enthusiasm about D’Aquilla joining the team, stating, "Adding Nick to our team marks a significant enhancement of our litigation finance and loan servicing offerings." Cody highlighted the synergy between the team’s extensive legal, financial, and litigation experience and D’Aquilla’s deep understanding of the mass tort sector as a key asset for both law firm clients and institutional investors.

Prior to joining Counsel Financial, D’Aquilla was instrumental in a national bank's complex settlement fund advisory team, where he developed innovative underwriting methodologies that facilitated credit extensions to mass tort plaintiffs’ firms. His work also included the analysis and valuation of over $1.5 billion in loan collateral derived from mass tort dockets.

Counsel Financial stands as a leading entity in originating, underwriting, and servicing loans and other financing solutions tailored for contingent fee law firms. With over two decades of operation, the company has provided more than $2 billion in capital investments to over 300 law firms. These investments have supported growth across various areas of plaintiffs’ litigation including personal injury, mass torts, class action, and labor and employment.

This strategic move by Counsel Financial to bring D’Aquilla on board underscores the company’s commitment to enhancing its litigation finance and loan servicing capabilities. With D’Aquilla’s extensive experience and proven success in the field, Counsel Financial is poised to offer even more robust resources and solutions to its clients.