Commercial
Disputes are a fact of life for many businesses. Our litigation funding services put the right litigation tools at your disposal protecting client’s business, overcoming the financial disruption and risk which comes with protracted litigation. This helps you to obtain the best result for your client.
Commercial Litigation Funding – An Upfront Investment
Funding helps clients realise a potential asset in litigation by providing the financial means to litigate.
As an upfront investment, litigation finance protects cash flow and assets during litigation – either where clients do not have the means to fund the dispute or where they wish to litigate off-balance sheet. It also gives you an advantage by demonstrating to an opponent that you have the means to fight, leading to better and quicker financial settlements. Funding can be used to pay for all of the costs of pursuing a claim, including: legal representative’s fees, Counsel’s fees, disbursements, Court fees (as well as Tribunal and Arbitration fees) and Costs Security fees.
We can help with:
- Individual claims: full claim funding as well as small levels of investment to cover a Court or Arbitration fee
- Group actions
- Portfolio funding: a fighting fund for your firm to invest in book of business
Court Fee Funding QLP’s
Court Fee Funding is an affordable and easy to use facility that provides your commercial clients with monies for Court fees or specific disbursements. It is designed to help your clients even if their claims are of modest value.
Legal Expenses Insurance – Safety Net
After the Event (or ATE) insurance is a ‘sleep easy’ allowing you to focus on obtaining the best possible legal result without worrying about the cost of losing your claim. Through QLP, up to £10M of cover can be purchased to insure opponent’s costs and own disbursements, as well as Court and Arbitration fees.
We also have access to a variety of ATE insurance premium options – including upfront as well as deferred and conditional upon success – ensuring that your client gets the most appropriate and commercial terms available on the market.
Should your opponent succeed with a security for costs application then QLP can help with policies which can be either endorsed or accompanied by a Deed of Indemnity.
