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Funding Overview Claim Acquisition & Advance FundingSingle-Case FundingPortfolio FundingJudgment & Award EnforcementLaw Firm Fee FinancingDebt Restructuring & NPL Resolution
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Sell it, or keep fighting it?Six ways in, depending on what you need.

Most people come to us to sell. But sometimes you should keep the upside and shed only the cost, and sometimes what is missing is not a good case but cash flow. The underwriting standard is the same whichever way in you choose.

01 What we do most

Claim Acquisition & Advance Funding

Exit at signing

You are owed money and tired of chasing it. We buy the claim outright at an agreed discount: cash to you at signing, and every cost, security obligation and downside risk passes to us.

Who usually comes to us for this
Award and judgment holders who have not been paid
Receivables and NPLs that have sat on the books for years
Companies that want the dispute off the balance sheet this period

You give up part of the possible upside and get certainty in return: no more fees, no adverse-costs exposure, no three-to-five-year wait. For an award or receivable that has sat on the books for years, it is usually the cleanest way out.

Before we buy, each risk is priced separately — merits, the debtor’s solvency, where attachable assets sit, how long the process will run, and the friction in each jurisdiction. After we buy, our own and our funds’ capital pays for everything and we instruct counsel. Recoveries above an agreed threshold are shared with you.

02

Single-Case Funding

Nothing repayable if it fails

You want to run the case and keep the upside, just not pay for it. We cover counsel, experts, institutional fees and security for costs. If the claim fails, you owe us nothing.

Who usually comes to us for this
Claims above roughly US$4m
Claimants in SIAC, HKIAC, ICC and similar arbitrations
Parties facing a security-for-costs application

We are paid only out of what is actually recovered, and only in the agreed priority. The cost of the dispute leaves your P&L, stays out of working capital and never appears as debt.

The best time to come to us is before filing, though we will look at matters mid-proceeding or on appeal. We test three things: whether the legal argument holds, whether the result can be enforced, and whether the timetable can be controlled.

03

Portfolio Funding

Priced as a book

Several claims, none of which quite stands up alone. Packaged together, a loss on one is absorbed by recoveries on the others — and the pricing improves accordingly.

Who usually comes to us for this
Firms with three or more contingency matters
Groups with related disputes in several jurisdictions
NPL portfolio acquirers

A firm can finance its contingency book to take on more work and smooth its cash flow without giving up partner equity. A corporate group can treat related disputes in several jurisdictions as a single facility.

Because a loss on one matter is absorbed by recoveries on the rest, a claim we would decline on its own can work inside a portfolio.

04

Judgment & Award Enforcement

Winning is not collecting

The award is in hand; the money is not. We fund the enforcement, trace assets through shareholders and offshore layers, and seek recognition where the assets actually are.

Who usually comes to us for this
Holders of unsatisfied awards
Successful parties stalled at enforcement
Insolvency practitioners and liquidators

Winning is not being paid. Debtors routinely move assets into layered structures, into nominees’ names or into another country. We fund the whole recognition-and-enforcement effort and coordinate local counsel, investigators and valuers to follow them.

Our enforcement channels cover New York Convention states, the Mainland–Hong Kong reciprocal arrangements, and the Cayman, BVI and Jersey courts.

05

Law Firm Fee Financing

Cash before the verdict

The contingency work is done, but the fee arrives only at the end. We turn that receivable into cash now.

Who usually comes to us for this
Firms with meaningful contingency exposure
Firms building out a disputes practice

What limits a contingency practice is usually cash flow, not merits. We finance the receivable built into work in progress, so the firm can take bigger matters, add people, or offer clients more flexible fee terms.

06

Debt Restructuring & NPL Resolution

Special situations

In insolvency and distressed debt, the value often sits in recovery actions nobody can afford to bring. We fund them.

Who usually comes to us for this
Administrators and liquidators
NPL portfolio acquirers
Creditor committees in workouts

What a distressed asset is worth often depends on whether the recovery action can be won, not on the asset itself. Working with audit, valuation and notarial partners, we fund litigation and enforcement for administrators and portfolio acquirers, and advise on the contested terms of a plan.

Start from what you want

If you are unsure, send the file. The underwriting team proposes the structure; this is not a menu you have to choose from in advance.

If you want to… Structure You keep upside You keep control
Take certain cash now and clear the balance sheet Claim Acquisition & Advance Funding No — sold Transferred
See one case through without carrying the cost Single-Case Funding Yes Yes
Pool several matters to dilute single-case risk Portfolio Funding Yes Yes
Hold a favourable award but cannot collect Judgment & Award Enforcement Yes Transferred
Smooth contingency cash flow at the firm level Law Firm Fee Financing Yes Yes
Pursue avoidance claims inside an insolvency Debt Restructuring & NPL Resolution Yes Yes

Indicative only. Control and upside allocation are set in the funding or assignment agreement and vary with the forum’s professional-conduct rules.

Fifteen business days to a written answer.

Yes, no, or what would have to change for it to be yes. All three are worth having before you spend another month on fees.