Press Release Harbour, the litigation funder who is underwriting the policyholder groups claims against insurers in the FCA court case, says today’s judgment shows the value of their funding model. Harbour is providing litigation funding to the Hiscox Action Group and Hospitality Industry Group Action which meant hundreds of policy holders were able to join […]
We are thrilled to learn that our Investment Team has been recognised in the Litigation Support Guide UK by Chambers & Partners in Band 1 for another consecutive year, where we are acknowledged as “a very polished outfit” and for sitting in “the top tier of litigation funders”. Additionally, the team has again been recognised […]
In challenging times it’s understandable when businesses become introspective, but for professional advisers like law firms, much value can come from speaking with clients and sharing experiences. In our conversations with law firms and corporates over the past few weeks we have learnt many things; in particular, despite many law firms feeling under pressure, they […]
Any claimant pursuing or considering litigation knows the environment has changed. Many defendants are facing operational challenges, and it cannot be assumed that a defendant has the financial resources to satisfy damages awarded to a claimant – many businesses are fighting to stay solvent. For existing or new claims, keeping a watching brief on the […]
With stock market volatility expected to continue for some time and a very difficult outlook for all businesses, uncertainty is the great challenge business leaders are facing. Litigation has not been a priority for boards over the last few months as their legal budgets have contracted, but as the current situation becomes the new normal, […]
Harbour has provided initial funding for Mishcon de Reya to look into the claims of the HAG (Hiscox Action Group). The HAG is a collective of Hiscox clients whose coronavirus-related business interruptions claims were rejected. The group now consists of hundreds of policyholders. Harbour’s initial funding will pay for Mishcon de Reya to review the […]
The liquidator of a group of investment funds (IF) wanted to bring a claim against the auditors of the IF for failing to identify frauds perpetuated by the former manager of the IF.
A group of well capitalised organisations, including FTSE 100 constituents, were keen to remove from their financial statements the costs of a £400m shareholder action which they had brought.
Litigation funding can provide access to justice for the economically disadvantaged. This is demonstrated by the AU$ 250 million+ Australian class action funded by Harbour and brought by some 15,000 seaweed farmers against PTTEP Australasia (Ashmore Cartier) Pty Ltd,
In late 2016 an AU$85m class action was filed against a large marketing group for sham contracting. This occurs where an individual described as an independent contractor actually holds a relationship of employment.
Even in a case where limitation was approaching and where the defendant was a financial institution, Harbour’s funding and introduction of a leading law firm led to a successful outcome for the claimants.
A breach of trust of an investment management agreement led to proceedings in the Channel Islands. Harbour’s funding ensured the claimant had the resources to meet every diversionary tactic deployed by the defendant in the litigation.
Harbour Litigation Funding Limited (“Harbour") - Reg. No 06426478 - is authorised and regulated by the Financial Conduct Authority and acts as the sole investment sub adviser to Harbour Litigation Investment Fund, L.P., Harbour Fund II, L.P., Harbour Fund III, L.P. and Harbour Fund IV, L.P. (the "Harbour Funds”).