Litigation Funding – CreditMan Article

Mark Sands of Apex Litigation Finance has recently had an article on ‘Litigation Funding’ published on CreditMan. Read part of the introduction below, then follow the link for the full article.

Introduction

Litigation is expensive. Whether that is a case brought by a creditor seeking to recover a disputed debt, by a creditor pursuing a director (for example, under the terms of a personal guarantee, or where the director is liable as a result of the wrongful re-use of a company’s name), or by an Insolvency Practitioner (“IP”) appointed by the creditors as liquidator or Trustee in Bankruptcy to look at ways to get their money back, that cost creates potential barriers. How that cost is funded needs careful consideration.