The litigation funding market is likely to grow as finances tighten and business uncertainty leads to more litigation, a specialist has said
Writing for NLJ Online, Cormac Leech, CEO of AxiaFunder, says: ‘The COVID-19 pandemic has caused huge uncertainty and disruption.
‘As such, we expect the litigation funding investment market to experience significant growth as insolvency litigations increase as an unfortunate result of the recession. Additionally, claimants are more likely to be under more financial pressure than ever before, thereby increasing the demand for litigation funding.’
Cormac goes on to look at the demand for litigation finance and the opportunities for investment.
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