Litigation Funding Assist offers Acuity clients competitive funding rates, with a time-efficient process in place to ensure effective decision making. Our funding arrangement in partnership with Augusta will fund the full cost of pursuing a claim, including legal fees and expert witness costs and other agreed disbursements.
Backed by Acuity’s track record and legal 500 recognised expertise, Acuity’s Litigation Funding Assist solution allows businesses to remove the risk and cost of legal spend from the balance sheet and free up cash flow.
The markets today are highly volatile. It goes without saying that the coronavirus pandemic has destabilised the normal course of business in a way none of us have ever experienced. For many companies, cash flow issues are naturally at the forefront of management agendas. With businesses under pressure, bills aren’t being paid, contractual obligations are being ignored, and credit lines look increasingly uncertain.
Third-party litigation funding offers a solution to this challenge.
In partnership with Augusta, the largest litigation and dispute funding institution in the UK, Acuity Litigation Funding Assist enables businesses to move forward with litigation that might otherwise be prevented or on hold for cash flow reasons.Submit Application
A key difference between litigation funding and traditional bank finance is the impact on a business’s balance sheet. Bank loans are liabilities requiring repayment by the business in any eventuality.
Litigation finance on the other hand is non-recourse which means you get funding for all, or part, of the costs of a dispute and the funders will only collect a return on their investment in the event of a successful outcome. Funders also understand litigation and can offer flexibility and solutions for all eventualities.
Dispute funding makes both commercial and strategic sense for businesses. It provides security and leverage. Legal disputes can be expensive with unpredictable results which can often lead to businesses not pursuing claims and missing out on the opportunity to monetise a potential asset.
We fund commercial claims which are seeking a monetary outcome or an easily liquidated asset (such as shares or real property) from a defendant who has the ability to pay.
Claim types can include:
Litigation Funding Assist is suitable for claims with a minimum value of £75,000. We appreciate it can be difficult to estimate the value of a claim and would always advise speaking with a member of our litigation team who can assist in assessing your claim value.
To find out if you could benefit from Litigation Funding Assist, simply click on the link below and a member of our award-winning litigation team will be in contact within 24 hours to discuss next steps.
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