Why It’s Significant
The companies had insufficient assets to fund the liquidators’ claims, so litigation funding, coupled with a variety of contingency-fee arrangements with the professional team, enabled the claims to proceed. The case centred on dishonesty and accessory liability and was therefore evidentially complex.
Therium’s Solution
The primary claims settled successfully, disclosure providing further claims to be made against further parties involved in the underlying transactions.
Specialism
Insolvency / Fraud
Sector
Financial Services
