Case Financing
/ˈkeɪs ˈfaɪnænsɪŋ/
Definitions
- (n.) Funding provided to cover litigation costs in return for a portion of any judgment or settlement.
The plaintiff sought case financing to afford expert witnesses.
Forms
- case financing
Related terms
See also
Commentary
Case financing often involves non-recourse funding, meaning repayment depends on case success; clarity on terms is crucial in drafting agreements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.