What is litigation crowdfunding? How litigation crowdfunding provides the possibility of attractive return to potential investors? Watch this video.
We guide you through the process from registration to investment on the AxiaFunder platform.
Complete our simple registration process: click on Find out more - you then need to complete an Investor Readiness process and upload some Identity documents which are necessary to comply with anti-money laundering requirements.
For legal reasons AxiaFunder needs to review your profile before granting access to the case details; we’ll aim to do this within 30 minutes and you will receive an email notification once this is complete.
Review and agree to a Non-Disclosure Agreement (NDA) for the case. This is required because the information related to a case is typically sensitive for both the claimant and the defendant.
Once you and AxiaFunder have digitally agreed to the NDA, you will have access to the details of the case including many of the relevant case legal documents. You will also be provided with an offer document for your review.
You can invest in the case, either directly or via your IF ISA account, by clicking on the relevant button. If investing directly, you will be asked to fund your investment either by bank transfer or card.
Over the duration of a case there will be updates every quarter. At maturity of the investment, if a case is resolved successfully there will be a deposit of principal and interest to your AxiaFunder wallet. You can withdraw cash from your AxiaFunder wallet at any time. If the case is unsuccessful you will likely incur a significant loss of up to your entire investment. For full explanation of potential risks please refer to risk section.
Funding of £80,000 required to fund a shareholder dispute case, where the majority shareholder and director of a company has diverted economic value from a minority shareholder who was instrumental in developing the business. In our view, the Claimant has a strong claim under s.994 of the Companies Act 2006 that she has been unfairly prejudiced and should be repaid a fair value for her shares. Both the Claimant’s solicitor and the barrister are to be paid on a 75% contingent basis (Conditional Fee Arrangement), ensuring strong alignment of incentives. If the case settles within 18 to 24 months, investors will potentially have a Multiple on Capital (MoC) of 2.2x to 2.6x. If the case wins at trial or settles after 24 months, we estimate investors would have the MoC of 2.8x.
2.8x at trial MoCOpen for investment
Capital is at risk and projected returns are not guaranteed. Investors have a significant risk of losing all of their investment if the case fails and could lose double their investment in the unlikely event that the case insurer also defaults.
26 Days left
Investment type: Equity
Funding required for a Francovich claim against a European-based tax authority for inappropriately charging VAT in breach of EU law. Proceedings were issued in 2018 and a strike out application has recently been made by the Defendant arguing, incorrectly in our view, that the case is misconceived. There is a high threshold for this type of strikeout to succeed. Senior counsel for the Claimant expects that the strike out application will be denied and sees good prospects of Claimant-success at trial. Statistically, we expect that if the Defendant’s strike out application is denied, a pre-trial settlement is likely. Funding of £192,000 to £225,000 is required to fund the case to the end of the strike out hearing. If the Claimant wins before trial, the projected Multiple on Capital (MoC) for investors is 3.3x up to 12 months, increasing by 1.1x for each 6 months thereafter, up to a maximum of 7.8x after 30 months. The MoC if the case wins at trial is projected to be at least 5.6x. The claim value is £15m. The Claimant has a distinguished legal team. We believe the case is likely to be resolved within 18 months. The minimum raise is already fully underwritten.
£209,720 Amount raised
Date Funded: 03/06/2020
Equity capital required to fund a high-value employment dispute case – in relation to non-payment of contractual commission entitlements. Claim value is estimated to be at least £2.6 Million net of tax. The Claimant verifiably sourced significant institutional investment capital for the Defendant (a publicly listed asset manager) who subsequently refused to pay without a valid justification. A detailed QC barrister’s opinion confirms that the case has strong merits. Both the Claimant’s solicitor and the barrister are to be paid on a 100% contingent basis (Conditional Fee Arrangement). Enforceability is likely to be straightforward. The projected Multiple on Capital (MoC) is 2.5X if the case resolves at trial, with a minimum 1.6x MoC if it settles at any time in the first 12 months. Funding required £105,000. The offer is fully underwritten.
£105,000 Amount raised
Date Funded: 13/08/2020