Single Case Litigation Funding
Woodsford offers finance on a case by case basis for high value litigation claims, where the claimant lacks the resources or risk appetite to proceed without financial support. Our funding is typically non-recourse, with Woodsford’s return payable only upon success. The terms of investment and of our return are tailored for each case.
Litigation Funding may cover:
- Lawyers’ Fees: We can fund some or all of the fees incurred by the claimant’s lawyers. We do not require that claimant lawyers act on a conditional or contingency fee basis, but a lawyer’s willingness to take some risk in the outcome of a case weighs heavily in our decision making.
- Disbursements: These may include costs relating to e-disclosure, expert witnesses, and court or tribunal fees. Woodsford can fund disbursements in addition to lawyers’ fees, or we can fund only disbursements. It is common, for example, for claimant law firms to work on a 100% conditional or contingent fee basis (i.e. where all of their fees are deferred, payable upon success), in which case the claimant requires only funding for disbursements.
Woodsford will consider providing financial solutions for any type of litigation, in any jurisdiction, and at any stage, from pre-action to post-judgment. We understand that ‘fee fatigue’ can set in during complex cases, and therefore we are prepared to fund appeal/annulment proceedings, and contentious enforcements.
There are three key factors we look at when we assess a case.
Litigation Funding offers portfolio funding arrangements for claimants and lawyers on whom we have been able to carry out enhanced due diligence, for example through previously financed cases.
Woodsford offers portfolio funding arrangements for claimants and lawyers on whom we have been able to carry out enhanced due diligence, for example through previously financed cases.
A successful court judgment is often not the end of the litigation process: rather, it can be a staging post along the way to successful recovery.
In many jurisdictions around the world, class actions, or other forms of group litigation, have established a means by which a large group of businesses, investors or other individuals can combine together in a single litigation.
Following a successful litigation action, cash flow can become a major issue for law firms and claimants alike as they face further delays in the realisation of any award.
Adverse costs orders are increasingly prevalent in international litigation, with many jurisdictions following the English model whereby the loser pays some or all of the winner’s legal costs.
Is Your Litigation Case Right for Funding?
There are three key factors we look at when we assess a case: First, we look for cases with strong merits. We will fund a wide range of cases including, but not limited to, the following categories: corporate and company matters, professional negligence, tax/VAT, anti-trust, financial services and banking; insolvency, intellectual property, high-value divorce.
As the costs and risks of international arbitration grow, our hugely experienced team can provide you with the right financial solution to support any type of case across many jurisdictions around the world.
Law Firm Finance
Increasingly we work with leading law firms who are looking at innovative ways to finance their business growth and support their clients quickly, while effectively managing and mitigating risk.