Firm / Organisation

Therium Capital Management Limited

This content is provided by Therium Capital Management Limited.

CEO: John Byrne

Overview & History:
Therium is a leading global provider of litigation, arbitration and specialty legal finance active in England and Wales and internationally since 2009. Over that period, Therium has funded claims with a total value exceeding £34 billion including many of the largest and most high profile funded cases. The firm has investment teams in the UK, USA, Australia, Spain, Germany and Oslo, supplementing its resources in its corporate headquarters in Jersey, Channel Islands.

Therium has established a track record of success in litigation finance in all forms including single case litigation and arbitration funding, funding law firms and funding portfolios of litigation and arbitration claims.

Therium has raised over $1 billion since its foundation, which includes the latest £325 million fund raised in March 2019.

Therium has consistently been at the forefront of innovation in litigation finance, pioneering the combined use of insurance tools alongside funding vehicles, and introducing portfolio funding products into the UK. The firm’s ability to develop innovative funding arrangements and bespoke financial solutions for litigants and law firms complements its unmatched experience and rigorous approach to funding a wide range of commercial disputes throughout the world.

Therium is also extremely active in funding arbitration and has funded arbitrations under rules of the LCIA, ICC, UNCITRAL, LMAA, AAA, CIETAC, ICSID, Stockholm Chamber of Commerce, under the Energy Charter Treaty and ad hoc arbitration. Funded arbitrations originate from the above jurisdictions and also from the Middle East, Africa, Asia and Latin America.

Therium is a founder member of the Association of Litigation Funders of England and Wales and Neil Purslow, Therium’s CIO, is on the board.

In November 2018, Therium won the ‘Insolvency Litigation Funder of the Year Award’ at the 2018 ‘Turnaround, Restructuring and Insolvency’ awards in London. The award was made in recognition of Therium’s innovative approach to litigation funding, the geographical diversity of cases funded and client satisfaction. The Judges said: ‘In a strong field, judges were impressed by the significant scale and range of this global business. Therium set itself apart by a series of powerful and persuasive testimonials, demonstrating a commitment to their clients and the wider industry.’

In March 2019, Therium Capital Management was top ranked as one of the two ‘Leading’ litigation and arbitration funding firms in the UK by legal and business directory Leaders League, in their 2019 ranking of litigation funding. Therium was also ranked as ‘Excellent’ in the 2019 US ranking.

Services:
■  Litigation finance
■ Arbitration funding
■  Funding for group litigation and class actions
■  Single case funding
■  Financial markets litigation funding
■  Portfolio funding with law firms
■  Law firm funding
■ Corporate finance
■ De-risking and monetising claims
■ Monetising judgments and awards

Case Highlights in the Public Domain:
■  Sharp and others v Lloyds Banking Group (re Lloyds’s acquisition of HBOS)
■ Noel Edmonds v Lloyds Banking Group
■ Consumers v VW re Dieselgate
■ Road Haulage Association v Truck manufacturers
■ Richard Lloyd v Google Inc (re data protection)
■ UK retailers v Mastercard and Visa (re interchange fees)
■ PCP Capital Partners v Barclays Bank plc
■ Bates & Ors v Post Office Ltd
■ Atlant Entreprenor v City of Oslo
■ Webb v GetSwift Ltd
■ Shareholders v Commonwealth Bank of Australia Ltd