LITIGATION FUNDING
Invenium’s solution to minimize your financial risks.
WHAT IS LITIGATION FUNDING?
Called in the Anglo-Saxon Countries with the term of Litigation Funding or Third-party Funding, the quota agreement is the Invenium solution to minimize your financial risks.
Litigation funding fees change name depending on the legal practices of the various countries. The most common terms are: contingent fee, used in the United States, and conditional fee, used in England and Wales.
Underlying both we find the same type of legal service: funding the dispute so that payment is due only when a favorable result for the customer is achieved.
The various types of the contingent fee are usually calculated as a net percentage of the amount received by the customer in case of success (hence the term success fee). The jargon expression “no win no fee” is often used. In Italy this type of intervention is called “Patto di quota lite“.
WHY Litigation Funding?
The quota agreement, or Litigation Funding, represents a solution for managing disputes in both the legal as well as out-of-court phase – with high prospects of success – mitigating the financial risk of the Clients.
We’ve built our expertise by analysing a wide range of situations of conflict, also very complex, involving companies both in Italy and internationally.
HIGH CHANCE OF SUCCESS
Situations which necessitate an investment which can be estimated with a high degree of accuracy in the presence of high probability of success, with consequent compensation or collection of the receivable.
NO INVESTMENT
Financial or strategic positions of the losing party not suitable for paying the costs necessary for litigation linked to a failed settlement, such as a joint venture or commercial agreement or simply a significant supply.
WITHOUT RECOURSE DEBT
Thanks to Litigation Funding the debt must not be repaid and as a result there is not even the need to assess the customer from the creditworthiness point of view. At the end of and having won the litigation case, the fees will be paid according to the terms of the agreement.
Litigation Funding advantages
The assignment of credit represents a solution that makes it possible to make “problem” loans immediately liquid and collectable without bearing large financial investments.
Freedom of Action
The customer can address challenging situations of conflict which, if upheld, could release significant financial resources without in any way affecting its credit lines and jeopardising its credit or bank ratings.
Limited Risk
With Litigation Funding there is no liability for possible non-repayment of the debt due to the failure of the project. The risk will be the full responsibility of Invenium, both in terms of the costs incurred and the time dedicated.
Greater Guarantees
The complex and thorough examination of the documentation along with the profound experience of the legal team allow a very realistic estimate of the probability of success of the in- or out-of-court action. This, among other things, will allow a more precise collection planning and scheduling.
Our funding process
The Litigation Funding application process is simple. The parties usually reach an agreement on the initial financial conditions through a non-binding letter of intent. The Litigation Funding terms can then change after due diligence and assessment of the case, but it is important that the parties share a vision, in a Partnership spirit.
OUR SERVICES
INTERNATIONAL CREDIT COLLECTION
A worldwide network of 250 correspondents to carry out debt collection operations in any country.
CREDIT COLLECTION ITALY
Credit collection service in Italy to protect your interests andcontinuing, if necessary, also in the legal phase.
Start your online credit assessment and recovery procedure in 5 minutes. Try mycreditmanager.
CASH MARATHON
The marathon is a fast credit collection for yours outstanding receivables. 10 Weeks. Guaranteed, real and fast results.
SALE OF RECEIVABLES
We purchase individual or set of receivables through partnerships with leading specialised international funds.
LITIGATION FUNDING
A solution for managing disputes in both the legal as well as out-of-court phase – with high prospects of success
CONTACT US
A team of advisors, professionals, specialized lawyers who, from the headquarters in the heart of Milan, coordinate a vast legal and professional structure, specialized in international debt collection, in cooperation with a network of expert in strategic, insurance, financial consultancy.
Invenium Legaltech Srl
Headquarters Via Michele Barozzi, 6
20122 Milano
Tel +39 02 7600 4029
Mail info@invenium-legaltech.it
PEC inveniumlegaltech@pec-legal.it
VAT IT11469110966
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