As the interest in litigation funding continues to grow, insolvency practitioners in Canada and the U.S. are increasingly considering its value. Litigation funding can assist in completing cases that were ongoing at the time of an insolvency, and can also be used to pursue cases that arise out of the insolvency. In each case, funding can unlock assets that might otherwise be left on the table.
Recent media discussing this trend include:
- New York Law Journal: Litigation Funding - An Essential Tool for Maximizing the Value of the Debtor's Estate
- American Bar Association Podcast: Examining Issuing Surrounding Commercial Litigation Finance in Bankruptcy
- Law Times: Insolvency Disputes: A Growing Area for Litigation Funding
To learn more about litigation funding or to discuss whether a specific circumstance could benefit from funding, please contact us.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.