Litigation Finance is where a third-party assumes the financial risk of a legal claim in exchange for a share of the amounts recovered.
Roser Lawyers partners with a select few motivated funders to assist bankruptcy trustees and corporate insolvency practitioners, such as liquidators, to allow and then to undertake litigation in relation to recoveries in matters whether there is presently insufficient costs to fund the litigation.
Roser Lawyers will meet with insolvency practitioners and review documentation pertaining to potential claims, free of charge. Roser Lawyers provides holistic legal advice for obtaining litigation funding. By having access to the litigation funders, Roser Lawyers can advise liquidators and facilitate the funding of litigation whereby Roser Lawyers will act as Solicitors.
Roser Lawyers is at the forefront of the amendments to the Corporations Act 2001 (Cth) which has ramifications for insolvency practitioners. This includes the ability for liquidators to sell potential recovery actions.
In the event a liquidator is interested in either litigation funding services or indeed selling insolvent trading and other claims, they should contact Roser Lawyers for a confidential discussion in relation to potential of facilitating funding of this nature.