For what:
Ability to handle costly Client disputes at the expense of the Investor, Sponsor
Provision by a lawyer of high-quality expertise of the dispute (due diligence) at the expense of the Investor, the Sponsor
Financial attractiveness of disputes, including arbitration courts, as investment assets
How it happens:
- Independent party (Investor, Sponsor) covers legal expenses (including those of a lawyer) of the case party (Client) for legal proceedings
Independent party (Investor, Sponsor) conducts preliminary examination of the dispute (due diligence)
Client receives funding for all or part of the legal expenses from the Investor, who has no right to determine the manner in which Counsel conducts the case
The Lawyer conducts the case in the interests of the Client with payment of his services at the expense of the Investor, Sponsor
If the case is resolved positively (won, amicable settlement is concluded), the Investor and the Client receive an agreed percentage of the winnings