Litigation funding may help claimants finance their own costs, but that is only part of the risk of any claim. Opponents may put pressure on claimants by seeking assurance that they will be able to satisfy any orders to pay defendants’ costs, regardless of the strength of their case. Defendants facing claims, whether merited or not, may not have the resources to meet the costs of unforeseen litigation.
This expert panel discussion will look at the different ways in which parties to litigation, whether funded or not, can address such risks, and what they should be aware of when considering the products available to them. These are naturally issues on the mind of Finance Directors as much as Legal Counsel.