Litigation - Commercial
This table shows the businesses providing Litigation as a service and how their customers have rated them.
Commercial litigation usually involves a dispute between two or more companies. The dispute is likely to have reached a stage where legal redress, either in the form of a threat of, or actual legal action, has been sought by one or other of the parties involved. There may be instances where commercial litigation can involve a dispute between a company and an individual rather than two businesses.
Commercial litigation can cover contractual disputes, employment disputes, landlord and tenancy disagreements, corporate governance, mergers and acquisitions and debt management. This type of litigation can often be highly complex, cross national boundaries, and be expensive.
Embarking on a commercial litigation dispute can be extremely expensive and even large corporates might decide against it given the costs. This has led to the emergence of litigation funding, sometimes referred to as third-party funding, where a third party provides the financial resources to enable costly litigation or arbitration cases to proceed. All or part of the litigant’s legal costs are covered by a commercial litigation funder, who has no direct interest in the proceedings. In return, if the case is won, the funder receives an agreed share of the proceeds of the claim. If the case is unsuccessful, the litigation funder loses money and nothing is owed by the litigant. Obviously, because the litigation funder’s return is tied to the success of the case, funders look to fund cases with good prospects of success.