Harbour delivers solutions that eliminate or reduce the financial risks of commercial litigation and arbitration for claimants and law firms alike.
- Financing: allowing a claimant with insufficient funds to pursue a solid claim via litigation or arbitration.
- Hedging: claimants who can afford to fund their dispute but want to eliminate the risk, or they want to lay off the costs exposure so they can use their capital elsewhere.
- After the event insurance (ATE): providing access to protection from opponent cost awards in the event of an adverse outcome, through bespoke insurance.
- Security for costs: our ATE insurance solution provides the required reassurance that cost awards can be met and has been accepted by the courts as such.
As long as litigation funding has existed, Harbour has been at the forefront of creating innovative solutions. We list the most popular below but if you don’t find what you are looking for, we are keen to discuss how we could assist.
The Harbour Funds provide litigation funding to finance part, or all, of the costs of commercial litigation or arbitration.
Funding with DBAs
Harbour developed a product which allows law firms to work on a DBA but lay off the costs such as counsel, experts, arbitration fees and adverse costs.
For cases with the same characteristics, Harbour provides a drawdown facility, providing certain case categories have been verified against agreed criteria.
Risk Assessment for Corporates
Assessment of litigation risk requires special expertise that Harbour can provide to corporations, financial institutions and private equity managers with a portfolio of litigation.
After The Event Insurance (ATE)
Harbour gives unique access to an A-rated panel of insurers who can provide a bespoke insurance policy that pays out should adverse costs be awarded.
Security for Costs
Harbour provides access to a bespoke ATE insurance policy which has been accepted for security of costs.