Sharing some insights

Litigation Finance: Benefits for Companies

Every economic downturn is followed by an increase in litigation, and Covid19 is no exception. This crisis is generating many contractual breaches, force majeure disputes, disputes with suppliers, Employment Regulation Plans… But many companies face a tough choice: to invest their capital in legal services or even in a meritorious judicial or arbitral proceeding, or to reinvest those resources in the business to deal with these hard times. Litigation finance puts an end to this problem. Litigation funding or “third party funding” is a legal tool that allows an external party to a judicial or arbitral procedure to pay its…

“Spain offers a favorable regulation for Third Party Litigation Funders”

LawyerPress interviews our Senior Director, Carolina Bayo, to talk about Legal Finance in Spain. During the interview, Carolina explains why Spain is an attractive country for Litigation Funders, how Legal Finance is regulated, and how Stonward operates and works. “Spain is an attractive market for litigation funders for two reasons: a friendly regulatory framework and a country with very interesting legal assets,” explains Carolina. She also highlighted the importance of banishing some myths regarding this practice, such as the idea that “Legal Finance is an option only for insolvent claimants. Many times, a company is solvent and chooses not to…

Leaders League publishes the launching of Stonward

The international organization echoes the news that Stonward has kicked off its activity in Spain with the aim of offering solutions for financing litigation both in Europe and the Americas. The article quotes our Senior Director and Head of Legal Assets, Carolina Bayo, who explains that third party funding is “not just an option for insolvent claimants. Many times, a claimant is solvent and chooses not to empty its coffers in procedures that can last years, and reinvest those funds in the business and face other expenses that will generate profit in the nearer future. It also allows law firms…

Article: Litigation Funding is not financial speculation

[et_pb_section fb_built=”1″ _builder_version=”4.5.6″ _module_preset=”default”][et_pb_row _builder_version=”4.5.6″ _module_preset=”default”][et_pb_column _builder_version=”4.5.6″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.5.6″ _module_preset=”default” hover_enabled=”0″]One of the most common errors associated with litigation finance is the belief that it is an instrument of financial speculation that can affect the rights of the claimant and the work of the lawyer. Nothing is further from reality.  Read our Senior Director’s article, published by Expansión, to learn more about it. [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.5.6″ _module_preset=”default”][et_pb_column _builder_version=”4.5.6″ _module_preset=”default” type=”4_4″][et_pb_button button_text=”Read” _builder_version=”4.5.6″ _module_preset=”default” button_url=”https://www.expansion.com/juridico/opinion/2020/10/14/5f85e9f7468aeb0c5b8b4581.html” button_alignment=”left” custom_button=”on” button_text_size=”14px” button_text_color=”#000000″ button_border_color=”#e1ddda” hover_enabled=”0″][/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section]

Insights
Stonward, the new provider of bespoke solutions to access legal finance in Europe and the Americas

Stonward Litigation Funding emerges in Spain to offer bespoke solutions to finance commercial disputes in both Europe and the Americas. With a clear vocation to serve clients as a strategic ally, we procure funding to match claims or legal needs with the right third party funder. We arrive at a key moment when an avalanche of global commercial disputes caused by Covid19 are expected due to breach of contract by States and corporations, or increased financial and organizational pressures, for example. Third party litigation funding, increasingly present in Spain, is a legal tool that allows an external party to a…