Historically, dispute resolution funding has been viewed as the preserve of impecunious claimants with straightforward claims.
However, as the use of funding has become more main stream, with lawyers and clients, nationally and globally, realising its benefits, it is increasingly being used by well capitalised claimants as a means to pursue meritorious claims without taking any costs risks themselves.
This is for a number of reasons, including (inter alia):
Moreover, the types of disputes in which funding is being deployed is also increasingly diverse. Vannin Capital has the internal expertise and resources to review and fund claims in a broad spectrum of areas, including (inter alia) global arbitration claims, including Bi-lateral Investment Treaty claims and Energy Charter Treaty Claims, private damages actions for breaches of competition law, insolvency litigation, intellectual property litigation, large employment law cases and, obviously, straight forward claims for breach of contract.
As dispute resolution funding has become more mainstream and the flexibility and commerciality of well-established and well-capitalised funders, such as Vannin Capital, has become clear, many private practice lawyers now consider the possibility of funding for every claimant case they are instructed on or are asked to pitch for. In so doing, they are acting in the best interests of their clients’ and demonstrating to their clients their awareness of the increasing cost pressures they are under. In deploying funding, and therefore alleviating the costs pressure that may exist, they are also helping to bring cases through their door.
For other lawyers, the prospect of dispute resolution funding remains a relative unknown. However, if they choose to work with a funder, like Vannin Capital, which is well-established, has an experienced team of lawyers, is commercial and flexible, and is a member of the Association of Litigation Funders, who can guide the lawyer and its clients through the straight forward process to reach a funding decision, that unknown is something that can be overcome very quickly, in the interests of both the lawyer and their clients.
For more information on Vannin Capital, please contact: Leanne Harker, Marketing at Vannin Capital, T: +44 (0)1624 615 111, E: firstname.lastname@example.org