Litigation And Private Commercial Funding

Litigation funding, also known as ”litigation finance” or ”third party funding” is defined as a transaction in which a third party provides the financial resources to enable costly litigation or arbitration cases to proceed.

What is Litigation?

The private commercial litigation funder, who has no direct interest in the proceedings will fund the litigants either all or in part for legal costs. Litigation funder’s return is tied to the success of the case(s). In return for providing the monetary resources up-front for the litigant, the funder receives a portion of a pre-agreed settlement or judgement. As in contrast, if the case is unfavourable to the litigant, the funder recovers nothing and nothing is owed by the litigant.

Litigation & Private Commercial Funding

Our financial services division is a unique division within Krish Maniam & Co. This division provides financial assistance to clients who need litigation funding, i.e. unable to bear the legal cost. This way a litigant with a very probable case can still seek a remedy despite not being able to bear the cost of the litigation or arbitration, as the case may be. Krish Maniam & Co. or through its related clients also finances or bridges commercial deals or provide temporary funding for commercial transactions, but all of these are on a case to case basis. This is usually provided for our clients and in matters wherein our firm is engaged in.

For Claimants

Legal expenses locked in
The means to pursue a claim to conclusion signposted
Insurance available for any liability to pay an opponent’s costs
The ability given to access and pay for a great legal team
Ongoing additional expert input on risks that arise

For Legal Team

Enables more good cases to be taken on
Provides assurance that fees will be paid promptly
Ensures clients with good claims have the means to pursue them
Reassures risk averse clients that downsides are covered
Gives access to a second opinion on risk from seasoned risk professionals

Our Assurance

As a litigation funder, we will make available funds to pay legal and other costs associated with a claim in return for an agreed share of any successful return. If there is no recovery, or if the claim is lost, there is no debt to repay as we provide protection for the claimant by assuming the risk.