I thought they were “buying out” peoples lawsuit settlements. For example, say a client won a settlement for 10 million dollars where they would only receive 1 million a year for 10 years. C&B would offer them 7 million up front and they would hold rights to the settlement, so they’d profit 3 million.
Either I’m completely wrong and made that up because I thought it was a good idea, or that’s what they did.