Uncategorized
Managing Risk in Litigation Funding: How 3Pay Global Protects Your Capital
When it comes to funding legal claims, one of the most crucial factors is understanding and managing risk. Whether you’re placing your money into stocks, property, or alternative assets like litigation funding, risk is inevitable. But how you manage it can make all the difference. At 3Pay Global, we understand that while litigation funding offers…
Read MoreThe Future of Savings: Why Litigation Funding is the New Frontier for High Returns
As the financial world rapidly changes, traditional savings methods are becoming less effective at providing the growth and security people are looking for. In the past, an ISA or savings account was enough to ensure that your money grew steadily. Today, the landscape is different. With interest rates at historic lows and inflation eating into…
Read MoreWhy The Savvy Are Turning Away from Traditional Savings: The Rise of Litigation Funding
In today’s financial environment, traditional savings methods like ISAs, premium bonds, and high-interest deposit accounts are becoming less attractive to those seeking meaningful returns. With low-interest rates and the need to lock in your money for extended periods, these traditional avenues often fail to provide the financial growth people are looking for. This shift in…
Read MoreHow to Outperform Your ISA and Traditional Savings Accounts: Exploring Alternative Funding Strategies
In today’s financial landscape, many people are seeking ways to get the most out of their hard-earned money. With traditional savings methods like ISAs, premium bonds, and high-interest deposit accounts offering relatively low returns, the search for better options is more crucial than ever. These conventional savings often require you to lock in your money…
Read MoreLimiting Litigation Funding: A Lesson Unlearned from the Post Office Scandal
Litigation funding played a crucial role in delivering justice to the Post Office victims. However, this vital system is now under threat. The widely-watched “Mr Bates vs The Post Office” drama and the ongoing Post Office Horizon inquiry have thrust the unjust treatment of sub-postmasters back into the public eye. Witnessing the Post Office’s abominable…
Read MoreThe Landscape of Litigation Funding in the UK
Litigation funding is transforming the legal landscape in the UK by enhancing access to justice. Recent research commissioned by the Legal Services Board (LSB) highlights the niche yet crucial role of litigation funding in legal services. The Role and Impact of Litigation Funding A comprehensive report by Professor Rachael Mulheron KC (Hon) of Queen Mary…
Read MoreThird-Party Funding in Arbitration & International Proceedings
In the realm of legal disputes, having the financial means to pursue justice is paramount. Third-party funding, where external entities finance legal cases in exchange for a share of the eventual proceeds, is gaining widespread prominence and acceptance. This article aims to demystify third-party funding, particularly its nuances in arbitration versus court proceedings, legal considerations,…
Read MoreNew Legislation to Empower Individuals against Corporate Giants in Legal Battles
In a move hailed as a victory for justice, plans have been unveiled to make it easier for ordinary individuals to pursue legal action against powerful corporations. The proposed law, set to be introduced by the Lord Chancellor, Alex Chalk, aims to level the playing field in the courtroom. By allowing third-party funding for legal…
Read MoreThe Rise of Third-Party Funding: A Worldwide Look
In recent times, significant developments in Nigeria, India, and China underscore the growing prominence of third-party funding (aka litigation funding). These developments mark a significant shift in how litigation funding is gaining worldwide prominence and becoming a dynamic asset class, worth exploring. Claimants worldwide are increasingly turning to third-party funding (TPF) to finance their legal…
Read MoreLitigation Funding Provides Access to Justice
Litigation funding, also known as third-party funding, provides claimants with a way to pursue validlegal claims without bearing the financial burdens and risks associated with litigation- in other wordsit gives people greater access to justice. Originally, litigation funding was a costly option mainly feasible for large-scale cases. However, themarket for it has evolved, becoming more…
Read More