We provide a range of litigation finance solutions that remove some or all of the risk associated with litigation.
We know that litigation can be a daunting, expensive and lengthy process. Pursuing justice for claimants requires strength, resolve, expertise and a detailed understanding of risk. Our combination of legal and financial expertise, combined with secure capital funds, means we can move quickly to deliver tailored litigation finance solutions that remove some or all of the financial risk associated with litigation.
What is litigation finance?
Litigation finance is a way of redressing the balance of legal claims. Until recently, well-financed defendants were frequently able to outspend their opponents and make the pursuit of justice difficult, risky and, in some cases, impossible. This often meant justice was not pursued, even when a business had an excellent claim.
Litigation finance from Woodsford can bear as much of the cost and risk involved in pursuing justice as you need, enabling sound actions to go ahead when they might otherwise stall.
What’s in it for Woodsford?
In return for taking on significant financial risk, Woodsford receives a percentage of the damages recovered or a multiple of the costs financed – assuming the case is won. If the proceedings fail, we receive nothing and may even face liability for the other side’s costs.
Why seek litigation finance?
Historically, parties with good claims but without the financial strength to pursue them have turned to third party litigation finance. On balance, it is often better to share the proceeds of a successful case than keep 100% of an action they can’t get over the finish line on their own.
Increasingly, businesses with the means to pursue litigation are turning to third party litigation finance to reduce the risk involved inherent in any litigation, mitigate the detrimental effect of lengthy claims on cash flow and to remove litigation costs from the balance sheet.