RW Capital Limited

Therium CIO Neil Purslow will be speaking at an upcoming webinar hosted by Legal Funding Journal to discuss the impact of PACCAR and the future of litigation funding in the UK.   PACCAR Revisited: 15 August, 4pm UK time.   Register using the link below.   Moderated by Tets Ishikawa, Managing Director at LionFish Litigation Finance Limited, the panel includes: ·        Neil Purslow, CIO of Therium Capital Management ·        Robert Marven KC, Barrister at 4 New Square Chambers ·        Ben Knowles, Chair of International Arbitration at Clyde & Co ·        Nicholas Marler, Head of Technical Underwriting at Litica

Important claim and result.

Per Tets - Some of the key headlines are: ⭐serves the public interest by funding litigation that would and could not otherwise be brought; ⭐improves access to justice, without which any substantive law means nothing if there is no means by which to test it; ⭐has given consumers an "enhanced appreciation" of their rights, through cases like the Post Office sub-postmasters; ⭐may lead to a less-than-favourable economic outcome for the funded client; and ⭐the risk around the sources of funding such as foreign non-ALF member funders.

An Overview of Insurance-Backed Litigation Funding In a contributed article to Law360, Bob Koneck, Christopher Le Neve Foster and Richard Butters from specialist insurance broker Atlantic Global Risk, discuss an innovative model for litigation finance. The authors explain that this new model, which they describe as ‘insurance-backed litigation funding’, is differentiated from traditional approaches to litigation funding through ‘the pricing and the parties’. https://lnkd.in/e5upqQQZ #litigationfinance #litigationfunding #litfin #legalfinance #legalfunding #litigationinsurance

Litigation finance expanding the ability of plaintiffs to seek damages.

Two articles in The Guardian yesterday giving powerful context for the upcoming wider Civil Justice Council review regarding the role of #litigationfunding in the pursuit of #accsesstojustice. The first is an opinion piece from Alan Bates, reiterating (after his previous piece in The Times) how litigation funding is perceived by those who actually need it and the crucial role it played in bringing the Post Office scandal to light. The second is an article highlighting the “concerted effort by big business to constrain access to the kind of funding that allowed the post office operators to bring a landmark case against their former employer". It's worth remembering that no claimant, whose case is rejected for funding by a litigation funder, celebrates when their application is rejected and the review's success will be measured by how it helps increase, not decrease, victims of wrongdoing to seek legal recourse more fairly and easily than the current system allows. Links to both articles in the comments below. Alex Chalk KC MP Ministry of Justice UK #commercialdisputes #commerciallitigation #disputes #disputeresolution #legalfinance #litigation #litigationfinance #litigationfunding Tanya Lansky Gavin Wells Graeme Scott Oliver Bates Anna El-Erian Adrian Harris John Evans LionFish Litigation Finance Limited

Harbour is a wealth of information.

LitFin Funded Case to Recover Khatib Family’s Stolen Art Leads to Raids in Paris and Frankfurt A press release from the Khatib family provided an update on its legal battle to recover valuable paintings that were stolen from their collection, as French bailiffs and police conducted a raid on a storage facility in Paris. The raid was authorised by court orders issued in Paris, which follows the same pattern as raids conducted by German authorities following court orders issued in Frankfurt. The Paris raid reportedly recovered a ‘large number of paintings belonging to a collection of works of Russian Avantgarde stolen from the Khatib family.’ The case is being funded by Prague-based funder, LitFin - Litigation Financiers, and led by Dentons’ offices in Frankfurt and Paris https://lnkd.in/ejWs2Hfh #litigationfinance #litigationfunding #litfin #legalfinance #disputefinance

Tets, on point as usual.

When legal conflicts arise, a company faces the potential threat of adverse judgments, appeals, or diminished damages. This can result in financial setbacks, harm to reputation, and a decline in overall company value. To address these risks, Litigation Risk Insurance products serve as a strategic resource, outsourcing, and mitigating the impact of unfavorable legal outcomes. Developed by experts in various jurisdictions, these products are tailored to cover a range of disputes, offering individuals and entities, such as companies and entrepreneurs, the opportunity to uphold their rights in court or defend against accusations. 1. After-the-Event Insurance (ATE) ATE Insurance, a type of legal expense insurance, covers the costs and expenses associated with litigation. This policy safeguards claimants against legal costs they may be obligated to pay if their claim is unsuccessful. 2. Judgment Preservation Insurance (JPI) JPI is designed for plaintiffs with a favorable judgment, protecting them from the risk of an appeal that could lead to the reduction or cancelation of awarded damages. This insurance allows clients to immediately benefit from a positive judgment, providing security and enabling them to present a stable financial position in the market without the uncertainty of lengthy appeals. It also prevents forced settlements at undervalued amounts and empowers clients to defend their awarded damages on appeal. 3. Capital Protection Insurance (CPI) CPI covers lawyers, law firms, or litigation investors, insuring against the risk of unsuccessful court outcomes leading to the inability to recover invested capital. By providing financial compensation, it helps clients plan for the future with more security and unlock their full potential. 4. Adverse Judgment Insurance (AJI) AJI aims to protect policyholders from significant judgments brought against them. The insurer assumes the risk, freeing up reserves, improving balance sheets, and offering quantifiable insurance value. Customized policies based on worst-case scenarios provide financial and economic security in the marketplace. It also acts as a deterrent against frivolous claims, mitigating the risk of overcompensation and presenting a healthy balance sheet to stakeholders. Happy to discuss these topics further. #insurance #judgmentpreservationinsurance #jpi #ate #cpi #capitalprotectioninsurance #aji #afterjudgmentinsurance #litigationfunding #litigationfinance #thirdpartyfunding #disputefunding