What do we look for in a case?
There are three key factors we look at when we assess a case: First, we look for a case with strong merits. Thanks to our deep experience in this area of law, we’re comfortable financing international arbitrations across a number of jurisdictions. We are invested in a number of high value international arbitrations and we have appetite for more.
Second, it’s vital that the claimant has the financial strength to meet the claim.
Third, the claimant must also have a credible strategy as to where and how a judgement or award against the defendant will be enforced.
Minimum claim size
With regard to claim size, the claimant must have suffered provable damages of at least £3m/US$4m. Ideally, an expert and independent third party – for example, forensic accountants – will have already advised on quantum. However, this can be commissioned after the finance agreement has been signed.
Naturally will want to ensure that the finance cost is proportionate to the claim value and we normally look for a ratio of 10:1 in terms of realistic claim quantum to funding requirement. Small claims with large costs don’t work economically.
You run your case
While we are always happy to put our world-class arbitration experience and network of experts at your disposal, we recognise that the claimant and the legal team are in charge of running the case.
For further details, download our whitepaper, A Practical Guide to Litigation Funding.