Woodsford offers finance on a case by case basis for high value international arbitrations, where the claimant lacks the resources or risk appetite to proceed without financial support. Our finance 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.
Arbitration Finance may cover:
- Lawyers’ Fees: We can finance 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 finance disbursements in addition to lawyers’ fees, or we can finance 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 finance for disbursements.
Woodsford will consider providing financial solutions for any type of arbitration, 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 finance appeal/annulment proceedings, and contentious enforcements.
For more information contact: Josh Meltzer