Harbour Litigation Funding
IndustryLitigation funding
Founded2007 (2007)
FoundersSusan Dunn
Martin Tonnby
Headquarters
London
,
United Kingdom
Websiteharbourlitigationfunding.com

Harbour Litigation Funding or 'Harbour' is one of the UK's first litigation funders and one of the largest litigation funders in the world, measured by the size of its investment funds.[1]

History and operation

Harbour was founded in 2007 by Susan Dunn and Martin Tonnby. The origins of the business date back to 2002.[2] It operates hubs in London and has funded litigation in 13 jurisdictions and arbitration under 4 arbitral rules. Harbour is authorised and regulated by the Financial Conduct Authority. Litigation funders pay all or part of the costs of a dispute. If the case is won and monies received, they take a pre-agreed share of the proceeds. If the case is lost, the loss is the funder's - not the claimant's.

Association of Litigation Funders

The Civil Justice Council established a regulatory body responsible for litigation funding and ensuring compliance with the Code. That body is called the Association of Litigation Funders.[3]

Harbour is a founding member of the Association of Litigation Funders and has both adopted the Code and undertaken to comply with it at all times.

References

  1. ↑ The Guardian (25 May 2012). "Litigation funders become big business". London. Retrieved 14 June 2013.
  2. ↑ "About Us". Harbour Litigation Funding. Retrieved 7 June 2019.
  3. ↑ "Association of Litigation Funders". Retrieved 14 June 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.