How to access litigation funding
[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css_animation=””][vc_column][vc_column_text]Our litigation funding is only available for commercial or corporate related.
If a claimant/respondent with a meritorious commercial litigation or arbitration dispute lack the funds or would prefer not to tie up the funds necessary to finance the pursuit of the case, litigation funding can provide a cost-effective financing tool and a valuable means to access justice. While claimant/respondent may sacrifice a proportion of any financial reward recovered if the case is successful, and face no downside if the case is unsuccessful.
An interested claimant/respondent will go through the assessment on the claim to evaluate its chances of success and likely costs. This initial screening process, which will be carried out by us considers a number of factors: merits, quantum, recoverability, time, costs, and variability. Should potential cases pass the initial screening process, the claimant/respondent will undergo a due diligence process and once this has been completed, we will determine if it considers this opportunity as suitable to pursue.
If we consider that the claimant/respondent’s claim is meritorious, it will then enter into Funding Agreement with us. The funder’s share of the proceeds of a success case is negotiated with the litigant at the outset. This financial reward typically comprises of either a percentage of the damages recovered, or multiple of the sum advanced by the funder, or a combination of the two.[/vc_column_text][/vc_column][/vc_row]