Litigation Funding
Litigation Support Guide 2024 : UK-wide
Band 1
Contact number
+44 20 3829 9320About
Provided by Harbour
Harbour is the largest privately-owned litigation funder, having raised over $1.78 bn of third-party capital since inception. Established in 2007, Harbour has funded 126 claims, with arbitrations under 6 arbitral forums and litigation in 13 jurisdictions. With 17 dedicated investment professionals, each with a designated jurisdictional focus and dispute type specialism.
At its most basic level, what Harbour does is very simple. Harbour pays legal bills and protect parties against adverse costs if their claim turns out to be unsuccessful. In exchange, a claimant agrees that we take a pre-agreed portion of the damages if their claim is successful.
At a more granular level, what we offer is a range of funding products.
These include:
- Single case funding – a single claim supported by Harbour’s capital
- Portfolio funding – two or more claims supported by Harbour’s capital
- Funding facility – a recourse loan to help a law firm manage contingent revenues
- Monetisation – a single claim acquired by Harbour
- Insuring litigation costs – insuring against the costs and risks of litigation, provided by our sister company Harbour Underwriting.
Each of these claims can relate to a variety of different types of dispute including:
- Arbitration
- Competition
- Construction disputes
- Enforcement
- General commercial disputes
- Group actions
- Intellectual property
- Insolvency
All of which we can support anywhere in the world where litigation funding is permitted.
Chambers Review
Founded in 2007, Harbour remains a respected player in the UK funding market. The firm provides the full spectrum of litigation funding products in multiple jurisdictions across the globe.
Strengths
Provided by Chambers
"Harbour understood the claim very well and have been very supportive throughout the process. They have sufficient and expert resources and teams. They are quick at responding and always helpful."
"They are staffed by ex-lawyers who understand the necessities of the law. They cut through the detail very quickly and come directly to the objectives. They are sensible and commercial."
"Harbour understood the claim very well and have been very supportive throughout the process. They have sufficient and expert resources and teams. They are quick at responding and always helpful."
"They are staffed by ex-lawyers who understand the necessities of the law. They cut through the detail very quickly and come directly to the objectives. They are sensible and commercial."
Notable Practitioners
Susan Dunn is a co-founder of Harbour and the current chair of the Association of Litigation Funders. Her experience and market presence makes her one of the most sophisticated and respected funders in the UK.
"She's really great and knows her stuff."
"Susan is a very long-standing figure in the industry."
Mark King brings his experience as a litigation lawyer to his roles as senior director of legal finance and head of case management at Harbour.
"He's very easy to work with. He will receive advice and come back quickly with intelligent follow-up points."
"Mark King is very good. He got into the case and knew everything there was to know about it. He runs a tight ship - he knows how to keep the lawyers and claimants on a tight leash."