We may already propose a broad range of pricing (funding terms) before entering into phase II of the due diligence so the client knows what to expect once the claim is finally approved. If following phase II of the due diligence we believe the case has a viable cause of action, it is submitted to Deminor’s investment committee who will decide if the case can be funded or not and on what terms. The client will be informed of the proposal that will be submitted to the investment committee.
Once we have secured approval from the investment committee, we propose a litigation funding agreement to the client. Following signing of the litigation funding agreement by both parties, the litigation can start and from then on Deminor will pay all legal expenses in connection with the litigation.