Funding can be provided for litigation pursued in courts and tribunals but also for arbitration proceedings with the client being plaintiff or defendant.
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Via Vincenzo Monti 8
Tel. +39 0287 38 46 00
Innovative finance providing a no-cure, no-pay and no-risk solution to claimants.
Litigation funding is a service where a third party (the funder - Deminor) provides financial resources allowing a claimant to pursue claims through litigation or arbitration. The funder pays all legal costs and does not receive any remuneration or return unless the case is successful, and the claimant achieves a recovery. In the event of a recovery, the funder receives a share of the proceeds. If the case is unsuccessful, the funder loses its money, and nothing is owed by the claimant. Subject to regulatory restrictions in certain jurisdictions, Deminor as funder may also offer litigation management & support services in conjunction with litigation funding.
Litigation funding will only be available if the funder is convinced of:
Deminor does not apply a minimum threshold. Comprehensive due diligence is an essential foundation for successful litigation funding initiatives. Deminor’s due diligence exercise is conducted in two stages. See how it works
Deminor’s funding covers all fees and costs in connection with the litigation. These fees and costs will be paid by Deminor directly to the service provider or court, so the client does not face any cash outlays during the entire course of the proceeding. Deminor’s litigation funding typically covers the following costs:
No type of claim is excluded from the benefits of litigation funding. As long as Deminor believes that the claim has merits, that its value can be objectively assessed and that it can be acted upon in a mutually agreed-upon manner, the funder may propose its services for nearly any type of legal case. Typical claims are breach of contract, violation of intellectual property rights, insurance claims, post-M&A claims, tort claims and conflicts between joint venture partners.
Why would a corporation make use of third-party funding for its litigation or arbitration claims? Does it work for all claims? How does it work and what are the steps from initial assessment to closing of the funding? These and many other questions will be addressed in our Litigation Funding e-book.