Since 2023, Legal Finance has also been financing proceedings for claims that are not aimed at payment with its Distressed Finance product.
For example, claims and procedures relating to:
- Real estate
- Company shares and stocks
- Works of art
- Cars, ships, airplanes
The problem so far: If the proceedings were not aimed at payment, it was difficult for a litigation funder to "participate in the result".
With Distressed Finance we finance legal disputes over such assets. If the case is won, Legal Finance has a share in the asset, e.g. the company being litigated.
For example: Legal Finance finances a process for the retransfer of GmbH shares. The GmbH is valuable and the shares are not to be sold after retransfer. Legal Finance bears all the legal and court costs of the proceedings. After winning the case, Legal Finance acquires a predetermined share in the GmbH.
Do you have a potential case for our new Distressed Finance product?
Please contact us directly: 069 87 00 184-10 - or use the following contact form: