Litigation Finance

Overview

The rapidly expanding field of commercial litigation finance holds great promise for litigants, law firms, and investors alike. With our team operating across the U.S., the UK, and Europe, we are well positioned to advise on the full range of litigation finance matters in each of those markets. For investors, it offers an opportunity to diversify into a novel asset class with high-yield and non-market-correlated returns. For businesses that hold meritorious litigation claims, it provides a new, flexible form of financial management as well as an effective way to mitigate the expense and outcome uncertainty of pursuing them. And for law firms, it provides a way to hedge the risk of contingency matters and capitalize sustained litigation efforts.

But for all participants in litigation finance, the evolving field can be as abundant with transactional risk and legal uncertainty as it is with opportunity. Our team is able to help investors, litigants and law firms navigate these risks while extracting maximum financial benefit from their deals.

We assist clients with structuring and negotiating commercial litigation funding transactions and advise clients throughout the entire life cycle of financed cases.  Specifically, we assist clients with:

  • Transaction structuring: Designing funding transactions, which can be structured in a myriad of ways, to maximize tax efficiency and minimize the risks presented by arcane state law prohibitions, such as usury and champerty.
  • Funder control: Balancing a funder’s need to monitor the litigation process with the risk that it will unduly interfere with a plaintiff’s attorney-client relationship.
  • Legal ethical issues: Advising clients on the rules governing the conduct of lawyers involved in these transactions, including disclosure obligations, fee-sharing prohibitions and other legal ethics rules.
  • Disclosure: Assist clients in navigating the myriad of new state and court-imposed disclosure requirements associated with litigation funding.
  • Collection: Minimizing a funder’s credit risk associated with the collection of post-judgment/post-settlement proceeds by implementing collateral, personal guaranty and other credit support structures.
  • Preservation of privilege: Ensuring that a funder obtains sufficient information to perform an effective risk/reward assessment of the underlying claim without causing a waiver of a litigant’s evidentiary privileges.

Insights

Firm News | 2 min read | 07.29.26

ICYMI: Crowell’s London R&I Team Appointed by Kroll Advisory in Bankruptcy of £330M Woodville Litigation Fund

London – July 29, 2026: Crowell & Moring's London Restructuring and Insolvency team has been appointed by Kroll Advisory in the administration of Woodville Consultants Limited (trading as Woodville Litigation Funding), a motor finance litigation funder with an estimated £330m loan book and more than 300,000 claims under its belt. The team first acted for a group of investors in successfully securing a contested administration order from the High Court and has since been retained by Kroll to assist in the wider administration process. Woodville's collapse is the latest sign of mounting stress in the litigation funding market, driven by the FCA's ongoing motor finance redress process and the resulting uncertainty over the timing and quantum of claims. ...

Insights

Firm News | 2 min read | 07.29.26

ICYMI: Crowell’s London R&I Team Appointed by Kroll Advisory in Bankruptcy of £330M Woodville Litigation Fund

London – July 29, 2026: Crowell & Moring's London Restructuring and Insolvency team has been appointed by Kroll Advisory in the administration of Woodville Consultants Limited (trading as Woodville Litigation Funding), a motor finance litigation funder with an estimated £330m loan book and more than 300,000 claims under its belt. The team first acted for a group of investors in successfully securing a contested administration order from the High Court and has since been retained by Kroll to assist in the wider administration process. Woodville's collapse is the latest sign of mounting stress in the litigation funding market, driven by the FCA's ongoing motor finance redress process and the resulting uncertainty over the timing and quantum of claims. ...