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Litigation Funding Shines in the Sub-Postmasters Scandal
In the battle for justice against the state-owned Post Office, the role of litigation funding emerged as a beacon of hope for the wrongly accused sub-postmasters. The Post Office scandal, marked by years of legal turmoil and systemic injustice, reveals litigation funding as a vital force for access to justice. Unmasking Injustice Under the leadership…
Read MoreZurich Insurance- The Housing Scandal
3Pay provided the litigation funding for claimants’ to successfully litigate against Zurich Insurance, with a claim for £25M. The claim was settled in 2022, within less than 18 months, and garnered press attention featuting in the UK’s Sunday Times. The details of the case are below: Zurich Insurance, one of the world’s largest insurers, settled…
Read MoreLitigation Funding: A Brief History
Litigation funding- a practice once restrained by legal doctrines that has now become an indispensable tool for accessing justice. In this article, we explore the key milestones in the United Kingdom, Australia, and beyond. We will delve into the story of how third-party funding emerged from the shadows of prohibition to the forefront of legal…
Read MoreLitigation Funding- What Is It?
Litigation funding or financing, also referred to as third-party funding, is a financial arrangement in which a third party (the funder) supplies capital to a party involved in a legal dispute, typically the claimant. In return, the funder receives a share of the eventual amount recovered in the legal proceedings. This form of financing is…
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