Wednesday, September 15, 2010
Jack Simony, Founder of the Whitehaven Financial Group, To Be Honored With Human Rights Advocates International Defender Award
Jack Simony, founder of the Whitehaven Financial Group, a litigation finance firm based in New York City, will be awarded this year’s “Defender Award” by Human Rights Advocates International (HRAI), a United Nations non-governmental organization.
The organization, which is dedicated to promoting and protecting international human rights in the United States and abroad, grants the award annually to an individual who has managed, through their efforts, to effect positive change in the lives of those in need.
“Jack Simony, despite his youth, is one of the founding fathers of litigation finance,” said HRAI Chairman Gerard I. Nierenberg. “He found a unique way to help those in need while also meeting the needs of Wall Street, creating the classic win-win scenario we look for. We are pleased to offer the 2010 ‘Defender Award’ to Jack for his obvious caring for those less fortunate than he and for his creativity in finding financial solutions that work.”
Since founding the Whitehaven Financial Group in 2001, Simony’s innovative approach has helped countless individuals who have found themselves trapped in “litigation limbo” when legal fees impacted their ability to meet their financial needs.
“Typically, an injured tort victim in the United States can wait three years until their case for justice is heard by the courts, and given the extent of their injuries, this wait may be almost unmanageable,” said Simony. “Whitehaven’s litigation fundings have enabled countless people to meet their basic financial needs while awaiting their day in court.”
HRAI will present the “Defender Award” to Simony at an honorary dinner at the St. Regis Hotel, New York City.