What happens if no financing is secured?
If no litigation financing is secured for your case, no additional costs will be incurred. However, you will still be responsible for any fees related to your agreement with your attorney. Any potential counterclaims are also not covered by the sponsorship.
How much does litigation financing cost?
Litigation financiers do not charge upfront fees or fixed costs. Instead, they receive a percentage of the awarded amount if the case is successful. The exact percentage varies depending on the case, dispute value, and risk. On the AEQUIFIN platform, the percentage share for sponsors is determined through the Quotenbalancing system. This ensures claimants receive […]
How does a litigation financing agreement work?
A litigation financing agreement is a contract between the claimant and the funders. It defines which costs will be covered, the percentage of the award the funders will receive if successful, and the conditions under which the financing applies. This agreement provides clear terms and protects both parties. All litigation financing agreements on the AEQUIFIN […]
When is my case eligible for litigation financing?
Your case may qualify for litigation financing if it involves a clear legal issue and has the potential to succeed with the help of sponsors. The financial viability of the case for sponsors is also crucial. The AEQUIFIN platform reviews each case inquiry to determine whether it meets the criteria for litigation funding.
What is litigation financing and how does it work?
Litigation financing, also known as litigation funding, means that external funders cover the costs of a legal dispute. This can include court fees, attorney fees, and expert witness costs. In return, the funders receive an agreed-upon share of any awarded settlement or judgment if the case is successful. If the claimant loses the case, the […]
