Commercial litigation funding solutions are financial solutions provided by third-party litigation funding companies to businesses involved in commercial litigation cases. These solutions aim to provide businesses with the necessary funds to cover legal costs associated with commercial litigation, such as legal fees, court costs, and expert witness fees. 

Here are some examples:

1. Non-recourse Funding: In this type of funding, the litigation funding company provides a non-recourse loan to the business involved in commercial litigation. The loan does not require repayment if the case is lost, but if the case is won, the funding company receives a portion of the settlement or judgment amount.

2. Contingency Fee Funding: This solution involves the litigation funding company paying the legal fees and expenses of the commercial litigation in exchange for a portion of the eventual settlement or judgment. The funding company only receives payment if the case is successful.

3. Portfolio Funding: Some litigation funding companies offer portfolio funding, where they provide funding for multiple commercial litigation cases of a business. This allows businesses to have a consistent source of funding for their ongoing litigation needs.

4. Appeal Funding: If a business wants to appeal a commercial litigation judgment but lacks the necessary funds, litigation funding companies can provide funding specifically for the appeal process. This allows businesses to pursue their case further even if they have exhausted their financial resources.

5. Early Case Assessment Funding: Litigation funding companies may provide funding to assess the strength of a commercial litigation case before it goes to court. This can help businesses determine the viability of their case and make informed decisions about pursuing the litigation.

Overall, commercial litigation funding solutions offer businesses a way to alleviate the financial burden associated with commercial litigation and ensure they have the necessary resources to pursue their cases effectively.

Lawyer with scales of justice
Back