You probably already know that third party funding is becoming an increasingly important part of the commercial disputes landscape, but unless you’ve been directly involved in a funded dispute, you’re unlikely to be familiar with when, how, and why funders can get involved.
Ben crowd-sourced a list of top questions from his GC network and put these to Robert Hanna, Managing Director at Augusta Ventures, in a series of quick-fire rounds. What disputes will they fund? What happens if the claim fails - and what happens if it succeeds? Do funders choose your law firm and counsel? Do they fund defendants or just claimants? All this and more - so the next time a dispute crosses your desk, you can start to think whether to involve a funder.