How long will it take you to assess my claim?
Within two working days, we will indicate whether we are interested in discussing the funding of your claim. If we are happy with what we have already seen and need further information to be able to make a firm offer, we will let you know what is required. Once we receive that information, we will make an immediate decision.
What information must I provide to you?
At minimum, we will either need the letter of advice you received from your solicitors, detailing the basis of your claim, or an opinion from counsel to the same effect. We will also want to see the main documents involved in your case—particularly if they are mentioned in the letter from your solicitor or the opinion from counsel.
Do you ever lose a case that you have funded, or ever not receive a settlement?
So far, we have managed to settle every case to the satisfaction of our funded parties. However, this a high-risk business and the outcome of a claim is never guaranteed.
What does it mean for me if my case is lost?
If you are unsuccessful in litigation or arbitration, you will receive nothing—but the case will have cost you nothing. We indemnify you against the opponent’s costs on any matter we fund. You have no costs as a claimant and we take all the risks.
What if legal costs run higher than the settlement? Will I have to pay you?
No. The worst that can happen is that you will walk away receiving nothing (but paying nothing).
What is the funding size of a typical Redress claim?
We fund meritorious claims valued at over £500,000. We have no top limit for claims.
Can you fund my claim if I have already begun litigation?
Yes, we have often done exactly that, and can share details with you, if appropriate.
Are you lawyers? Do you give legal advice?
Our team leaders Marius Nasta and Michael Zuckerman are both qualified lawyers and use their legal skills to assess cases for Redress Solutions to fund. However, it is important to understand that we do not carry on business as Redress Solutions in any legal capacity. This means we do not offer legal advice, and you must rely on your own legal team.
Is litigation funding permitted everywhere, or just in the US and UK?
Many overseas legal systems permit third party litigation funding. Some do not. We consider that issue on a case-by-case basis.
Are there any hidden costs that you have not mentioned?
No. We do not charge you to assess your case, and we do not bill our clients for management or expense charges of any kind.