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.
Francovich £15m claim against a European-based tax authority for discriminatory overcharging of VAT. Proceedings have already been issued. The senior lawyer assesses the case to have good prospects of success at trial (although we expect that a pre-trial settlement is likely). Enforceability will not be an issue. Funding of £330,000 to £520,000 is required to finance the case to the end of the trial. If the case settles before trial the expected return for investors is up to 88% (simple interest) per annum. If the case wins at trial the potential return is the greater of 88% per annum and 223%. The claimant has a highly experienced legal team. Investment grade ATE insurance has been obtained. Since proceedings are already underway, we believe the case is likely to be resolved within 18 months. The minimum raise (£330,000) is fully underwritten.
£352,500 Available to fund
88% PA if settles; 223% at trial ReturnOpen 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.
22 Days left
Investment type: Equity
It's alleged that a company director, through devious means, misappropriated a high-value property development opportunity for his own gain and to the significant detriment of the company and its other shareholders, enabled by a joint-enterprise conspiracy. Claim value £19m. Comprehensive analysis by senior barristers has identified ‘overwhelming’ evidence of breach of fiduciary duties and of joint enterprise conspiracy, including incriminating email correspondence between the defendants. The nine defendants have joint and several liability with significant property and business assets owned by the key defendants. Both the Claimant’s solicitor and QC barrister are on a Contingent Financing Arrangement (100% and 50% respectively). The insurers’ premium is also fully contingent on a case win. Bond return of 72%+ per annum for the first 3 years, IFISA-eligible.
£550,000 Amount raised
Date Funded: 29/11/2019
IF ISA Eligible
Funding required for a pre-vetted professional negligence claim against a firm of solicitors and a planning consultant in connection with an application to install several wind turbines on some land in the North of England. The solicitors failed to identify the time limitation on the case and the planning consultant made an application which didn’t meet the basic requirements to even be considered by the Planning Authorities. The majority (88%) of the solicitor’s fees are contingent on a ‘Win’. Similarly, the insurance company, who have conducted their own due diligence, get paid their premium only if the case wins. The funding requirement of £70,000 is structured as an IFISA eligible bond with a coupon of 61% per annum (accruing quarterly) and with 83% of its principal guaranteed if the case loses against all the Defendants. If the case is resolved favourably, investors get all of their principal and interest before the solicitor or the claimant receive any of the proceeds.
£70,000 Amount raised
Date Funded: 13/12/2019
IF ISA Eligible