How It Works
START WITH COMMERCIAL CLAIM STATEMENT
Litigation funding is best categorized as a Specialty Finance. Each deal is structured with the particular needs of the claimant, law firm, and Juridica’s broader portfolio in mind.
Notwithstanding the fact that each deal is structured individually, generally, Juridica will advance capital to corporate claimants and law firms for the purpose of funding the legal services necessary to prosecute a legal claim. In return, Juridica will take an interest in any recovery achieved.
Juridica will seek a ‘priority’ payment structure similar to that of a senior secured creditor. The amount of collateral Juridica seeks depends upon the capital at risk, the size of the claim, the probabilities of successfully prosecuting the claim, and the estimated time until recovery.