
Important questions and answers regarding litigation financing for solicitors and claimants
Does a decision to finance apply to all court instances?
No. The initial financing only applies to the on-going instance. We would of course finance the next instance if we win the case and the defendant appeals. If we lose at first instance, the decision as to whether or not to finance the appeal would have to be made anew. However all costs incurred up to this time are covered by the financing so that the claimant is not exposed to any financial risk. However, because we have made an "investment" in the proceedings, we would only want to refuse further financing if there is a poor chance of success.
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Does a decision to finance apply to all court instances?
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