BridgePoint Financial Services Inc.

BridgePoint Financial Services Inc.
BridgePoint Financial Services Inc.
Co-founder
Legal Suppliers

John Rossos is co-founder of BridgePoint Financial Services Inc., a company offering financial services to the Canadian litigation market.

Having both a legal and financial background, Mr. Rossos obtained his Bachelor of Commerce degree from the University of Toronto and his Bachelor of Laws from Queen’s University. In addition, Mr. Rossos is a Chartered Financial Analyst. He was called to the Ontario Bar in 1994.

In 2005, Mr. Rossos co-founded BridgePoint Financial Services Inc. a company that offers financing solutions to personal injury plaintiffs, their lawyers and experts called upon to develop their legal claims.

Bridgepoint works in areas such as employment, trusts and estates, commercial, securities, class action and mass tort. Their financing solutions include settlement lending, disbursement financing, assessment financing, and commercial and class action.

Leading the development of new financing and indemnity products, Mr. Rossos was instrumental in BridgePoint’s entry into new markets in Europe and the Caribbean.

He is the chairman and CEO of BridgePoint Indemnity Company, which offers protection for both legal practices and a broad cross-section of legal claims covering virtually all areas of law.

He is also the chairman of SpectraLegal, an affiliated Irish-based fund that finances legal services in the United Kingdom.

Mr. Rossos has published articles on emerging trends in litigation finance, including third-party financing for class-action litigation.

He has presented at various conferences both domestically and internationally, including the RAND Institute for Civil Justice Program dealing with alternative litigation finance.

BridgePoint Financial Services Inc. In The News
FSCO ruling changed third-party funding market: Rossos

The third-party funding market changed because of a government ruling last year, John Rossos , Chairman and CEO of BridgePoint Risk Management Inc. , tells the Law Times . A ... Read more

Claims administration, third-party funding and access to justice

Third-party funding can not only be used to finance unresolved litigation, it can be applied in a claims-administration process to ensure plaintiffs get timely payment for settled ... Read more

BICO Risk Management Inc. launches personal injury litigation product

Just weeks after  BICO Risk Management Inc. , formerly BridgePoint Indemnity Company Inc., announced its new legal expense insurance product, BICO Legal Cost Protection ... Read more

Changes to the class-action indemnity market, implications for counsel

By John Rossos In the Summer of 2016, the Financial Services Commission of Ontario (FSCO) and British Columbia’s Financial Institutions Commission (FICOM) issued cease ... Read more

BridgePoint offers law firm financing for fair compensation in litigation

When  John Rossos  co-founded  BridgePoint Financial Services Inc.  in 2005, he and his partner, Stephen Pauwels, set out to provide the kind of funding ... Read more

BridgePoint offers funding alternatives for law firms

BridgePoint Financial Services Inc.  provides disbursement financing to law firms to help lawyers grow their practices, fund expert reports required to validate their ... Read more

BICO® helps litigation guardian in $3.5M trial award

By John Rossos BICO® was able to provide legal cost protection for a litigation guardian in Ontario, allowing their counsel, Graves & Richard Professional ... Read more

BICO legal cost protection helps secure $800,000 for injured man

An Ontario court has awarded $800,000 in damages — 25 times more than the defendant initially offered — to a 45-year-old injured man after his lawyer ... Read more

Law firm funder to lend millions to U.K. personal injury practices

SpectraLegal , a business created by BridgePoint Financial Group , has launched in England and Wales with plans to lend about £50 million to personal injury ... Read more

Standard of care evolving to include ATE indemnity advice

For personal injury lawyers launching a lawsuit, the standard of care is evolving to include advising clients of the availability of legal cost protection, or as European ... Read more

Indemnity funding agreements: an issue of privilege

A recent Ontario Superior Court of Justice decision highlights important legal issues concerning privilege as it relates to indemnity and funding ... Read more

The recoverability of indemnity fees – the debate is just beginning

By John Rossos Since BridgePoint Indemnity Company (Canada) Inc. (BICO) introduced BICO Legal Cost Protection TM to the Canadian legal market, a fundamental question posed ... Read more

Time for a more fulsome debate on ABS

The controversy around consumer law giant Slater & Gordon shouldn’t be used as a pretext to shut down debate in Canada around adopting Alternative Business ... Read more

Tar Ponds court action shut down, deemed too costly

HALIFAX – The law firm that represents Cape Breton residents who launched a class-action lawsuit claiming the Sydney tar ponds exposed them to contaminants has concluded the ... Read more

Canadian law firm to merge with U.K.'s Wragge Lawrence Graham

TORONTO – A Canadian law firm says it's mergering with a U.K. counterpart to create Gowling WLG, which will focus on a wide range of global sectors from offices in major ... Read more

BridgePoint expands into European market with SpectraLegal

BridgePoint Financial Services Inc. , the only company of its kind in Canada, has expanded into Europe, establishing SpectraLegal , an affiliated funding company ... Read more

Legal cost indemnity protection and the question of privilege

By John Rossos With the introduction of legal cost protection, defendant insurers are increasingly requesting the production of legal cost protection indemnity agreements ... Read more

SCC rejection of Tar Ponds appeal underscores need for indemnity protection

The Supreme Court of Canada’s decision not to certify a class-action lawsuit – launched by Cape Breton residents who claim the Sydney tar ponds exposed them ... Read more

Legal cost protection indemnities versus ATE insurance

By John Rossos In 2009, the BridgePoint Financial Group became the first company in North America to offer an indemnity against adverse costs in class-action litigation ... Read more

BridgePoint offers protection for personal injury claimants

BridgePoint Indemnity Company offers legal cost protection that helps people who have been seriously injured to obtain the settlement they deserve, says an animated ... Read more

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