Litigation Funding

"Litigation funding increases access to justice for parties who would not otherwise have it"

FNH provides litigation funding for a variety of purposes. This funding can range from a pre-agreed percentage of costs through to 100% funding of all costs associated with a litigation, including:

-  review of all source documentation;
-  evaluation of strategic options;
-  selection and appointment of solicitor, barrister(s), expert witness(es);
-  all legal and consulting fees including investigations, accountancy/audit and expert witnesses; and
-  all administrative fees, management fees, filing fees, transcript fees and court costs.

We also provide Bank guarantees to support security for costs orders. An Application for Security for Costs can be an early response by a Defendant. A bank guarantee arranged by FNH to support the Plaintiff's indemnity can prevent any problems arising from such an Application.

Our clients can require funding for a number of reasons. The funds we provide are based on our review and assessment of factors including:

-  prima facie merits of the litigation;
-  likely level of judgment that can be obtained;
-  prospects of obtaining payment of any judgment;
-  current stage of the litigation, including nature and extent of work to date;
-  overall timetable from commencement to completion; and
-  our assessment of the likely costs to undertake all works and meet all costs.

Our experience in handling complex issues allows us to assess these issues promptly, providing an adequate initial Brief is provided. Click here to view or download our standard Proposal Form.

All assessments are conducted in the strictest confidence. We will respond with a written Litigation Funding Terms Sheet. The terms of funding are established on a case by case basis. Our fees typically range from 35% to 55% of any settlement, after legal costs,  whether obtained by Court Order or by private agreement. In some cases we may require payment of certain "out of pocket" costs as the litigation proceeds.

No monies are payable to FNH if no settlement is achieved unless expressly stated to the contrary in the Litigation Funding Terms Sheet.

Click here to read or download our Proposal Form for Litigation Funding. Please note that this form MUST be completed and submitted before FNH will enter into any discussions in relation to funding a particular matter.