Litigation Lending

β€œThe four main criteria used to assess whether a claim is suitable for funding are liability, quantum, recoverability and litigation costs. There are three tiers of due diligence- new applications are initially assessed by the Litigation/Investment Managers, who look at each of the four factors and determine whether claims are sufficiently good investments to refer them to the Case Assessment Committee (CAC) , the second tier of due diligence which is comprised of highly experienced external litigators. The matters which make it through to the CAC are then reviewed by the members of this Committee, who will make a determination as to whether the individual claims are suitable for endorsement and referral to the Board of LLS, for final review and approval.”