Litigation finance
Litigation Funding
Third-party capital committed to a dispute on agreed terms, usually non-recourse.
What is litigation funding?
Litigation funding is the provision of capital by a third party to pay the costs of pursuing a claim, typically on a non-recourse basis. The funder is repaid, with an agreed return, only from proceeds. Funding supplies capital; it does not by itself remove adverse costs or capital risk, which is where insurance is often added.
Key points
- Capital is supplied by a third party rather than the claimant.
- Return is agreed in advance and paid from proceeds.
- Non-recourse funding does not automatically cover adverse costs.
- Funding and insurance are complementary instruments, not substitutes.
How funding is structured
Content slot — expert copy to be inserted.
What funders assess
Content slot — expert copy to be inserted.
Where insurance is added
Content slot — expert copy to be inserted.
Costs of capital
Content slot — expert copy to be inserted.
Alternatives
Content slot — expert copy to be inserted.
General information only. This page is not legal, financial, investment or insurance advice. Any insurance is subject to underwriting and to the terms of the policy wording issued.