Class actions play an important role in society. They offer redress for those who would not, or could not, bring a claim on their own.
In certain jurisdictions, an adverse outcome can expose a claimant to an order to pay their opponent’s legal costs. Harbour can arrange specialist insurance which protects against this eventuality. Such a policy is known as ’after the event insurance’ or ’ATE’.
Coverage can be obtained quickly and at advantageous rates. Where Harbour is investing in the claim, the insurance premium is included as part of the budgeted costs.
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”).