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Litigation Funding

Stay informed about the latest developments in litigation funding, legal strategies, and successful case outcomes.

Third-Party Funding in Arbitration & International Proceedings
Oct 4, 2024

Third-Party Funding in Arbitration & International Proceedings

In the realm of legal disputes, having the financial means to pursue justice is paramount. Third-party funding, where external entities finance legal cases in exchange for a share of the eventual proceeds, is gaining widespread prominence and acceptance. This article aims to demystify third-party funding, particularly its nuances in arbitration versus court proceedings, legal considerations,...

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The Rise of Third-Party Funding: A Worldwide Look
Mar 22, 2024

The Rise of Third-Party Funding: A Worldwide Look

In recent times, significant developments in Nigeria, India, and China underscore the growing prominence of third-party funding (aka litigation funding). These developments mark a significant shift in how litigation funding is gaining worldwide prominence and becoming a dynamic asset class, worth exploring. Claimants worldwide are increasingly turning to third-party funding (TPF) to finance their legal…

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Litigation Funding Provides Access to Justice
Mar 18, 2024

Litigation Funding Provides Access to Justice

Litigation funding, also known as third-party funding, provides claimants with a way to pursue validlegal claims without bearing the financial burdens and risks associated with litigation- in other wordsit gives people greater access to justice. Originally, litigation funding was a costly option mainly feasible for large-scale cases. However, themarket for it has evolved, becoming more…

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Litigation Funding Shines in the Sub-Postmasters Scandal
Mar 8, 2024

Litigation Funding Shines in the Sub-Postmasters Scandal

In the battle for justice against the state-owned Post Office, the role of litigation funding emerged as a beacon of hope for the wrongly accused sub-postmasters. The Post Office scandal, marked by years of legal turmoil and systemic injustice, reveals litigation funding as a vital force for access to justice. Unmasking Injustice Under the leadership…

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Zurich Insurance - The Housing Scandal
Mar 1, 2024

Zurich Insurance - The Housing Scandal

3Pay provided the litigation funding for claimants’ to successfully litigate against Zurich Insurance, with a claim for £25M. The claim was settled in 2022, within less than 18 months, and garnered press attention featuting in the UK’s Sunday Times. The details of the case are below: Zurich Insurance, one of the world’s largest insurers, settled…

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Litigation Funding: A Brief History
Feb 29, 2024

Litigation Funding: A Brief History

Litigation funding- a practice once restrained by legal doctrines that has now become an indispensable tool for accessing justice. In this article, we explore the key milestones in the United Kingdom, Australia, and beyond. We will delve into the story of how third-party funding emerged from the shadows of prohibition to the forefront of legal…

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Litigation Funding- What Is It?
Feb 29, 2024

Litigation Funding- What Is It?

3Pay provided the litigation funding for claimants’ to successfully litigate against Zurich Insurance, with a claim for £25M. The claim was settled in 2022, within less than 18 months, and garnered press attention featuting in the UK’s Sunday Times. The details of the case are below: Zurich Insurance, one of the world’s largest insurers, settled…

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New Legislation to Empower Individuals against Corporate Giants in Legal Battles
Feb 4, 2024

New Legislation to Empower Individuals against Corporate Giants in Legal Battles

In a move hailed as a victory for justice, plans have been unveiled to make it easier for ordinary individuals to pursue legal action against powerful corporations. The proposed law, set to be introduced by the Lord Chancellor, Alex Chalk, aims to level the playing field in the courtroom. By allowing third-party funding for legal,..

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