Litigation | 10 July 2018

Large businesses today operate in a challenging and uncertain environment. The geopolitical landscape continues to shift in unpredictable ways with, for example, the political, regulatory and economic ramifications of the Brexit vote and the Trump presidency still largely to play out. Stock markets have started to experience jitters following the second-longest bull run in history, while growth in many economies and for many organisations stubbornly refuses to reach pre-financial crisis levels.
[Continue Reading]

Legal Briefing

Author(s)

  • Elliott Berger, , Harbour Litigation Funding

    Elliott Berger

Litigation | 27 September 2017

Picture the scene. Your trusted external law firm advised that you have a strong claim, likely to yield a significant financial upside for your business. The budget to run the claim is £2m, including adverse costs risk, but subject to possible change. The firm cannot agree to a fixed fee. They also advise that your business might be in breach of its fiduciary obligations to its customers if it does not pursue the claim. You take the proposal to the chief financial officer (CFO) and you know their two key questions will be: ‘Can you guarantee we will win?’ and ‘Can you guarantee we won’t exceed that budget?’ And you know the answers are ‘No’ and ‘No’.

[Continue Reading]