Using a platform to fund commercial litigation is a novel approach which, by necessity, requires careful consideration by solicitors and claimants before proceeding. One lens through which to evaluate litigation crowdfunding is the Code of the Association of Litigation Funders (ALF).
This article is part of the profile review performed by P2P Guarantee and the views expressed are those of the author (not affiliated with AxiaFunder).
Litigation funding is an interesting investment opportunity, mainly for diversifying and generating high returns, but which also carries its risks. As long as an investor knows what he is doing, the author believes these waters can be navigated with success.
This article is part of the Profile Review performed by Valiqo and the views expressed are those of the author (not affiliated with AxiaFunder).
At the time of writing, October 2020, 10 cases have been funded through the platform, 8 of which are still ongoing and 2 have been successfully resolved. The latter cases generated a 43% and 94% return on investment in 8 and 15 months, respectively.
AxiaFunder has assisted with a secondary market trade of litigation funding assets which closed today. The assets were sold to 12 investors, at a 20% premium to the original issuance price in December 2019.
In this podcast, Jean Galea and Joseph Galea meet Cormac Leech from AxiaFunder to discuss how investors can potentially make money from litigation cases.
Hedge funds have made big returns funding litigation cases. With AxiaFunder, you can now participate too
This article is part of the Explore P2P Profile and the views expressed (excluding those contained in the interview segment) are those of the author (not affiliated with AxiaFunder).
AxiaFunder is the most interesting new crowdfunding site we have seen in the last year --- Explore P2P
This article is from todocrowdlending.com and the views expressed (excluding those contained in the interview segment) are those of the author (not affiliated with AxiaFunder).
“The first litigation crowdfunding platform in Europe. A very interesting platform which brings a new asset class… and might be a solution to take into account for those of you interested in finding potentially profitable investments with literally 0 correlation to the stock markets.” - Todocrowdlending.com.
Originally published on todocrowdlending.com by Jesus Arias on 2 June 2020.
- Litigation finance: the changing face of the commercial litigation landscape.
- COVID-19 pandemic: how the pandemic can be an opportunity for growth.
- Supporting legal practitioners: litigation funding & cash flow management.
By Rabin Tambyraja, Professional Investor and AxiaFunder Shareholder
Posted on 21 May 2018
AxiaFunder, a new platform for crowdfunding litigation based in the UK, was launched earlier this January. The first case offered from AxiaFunder has already been fully funded. It was a dispute concerning professional negligence that was looking to raise £12,720. Investors can expect a return of 60% per annum if the case is successfully resolved. Across all cases AxiaFunder predicts a return that will be on average within the 20-30% range. This is still a very high return when compared even to other alternative finance investments.
Posted on 18 Jan. 2019
The growing popularity of litigation finance has been fuelled by billions of dollars from hedge funds, private equity and other institutional investors. Now a crowdfunding platform due to launch in the UK early next month is hoping to spread the word — and the high returns - to private investors. In recent years, money has been pouring into litigation finance businesses, which provide upfront funding for claimants who cannot afford to fight legal disputes in return for a share of any settlement or damages.
Originally published in Financial Times by Barney Thompson, legal correspondent on 23 August 2018.
Posted on 23 August 2018.
Here is the new episode of the top rated London Fintech Podcast. The in-depth podcast is between Mike Baliman the podcast founder/host and AxiaFunder Co-founder Cormac Leech.
As introduced by London Fintech Podcast:
Creativity springs eternal. Here is yet another new topic, one that no one could have imagined even a couple of decades ago. Litigation crowdfunding gives litigants a new source of funding and investors a totally new investable asset with non-correlated returns. Cormac Leech CEO and co-founder of AxiaFunder walks us through this complex landscape.
To listen to the podcast, please go to: https://londonfintechpodcast.com/lfp121-litigation-crowdfunding-w-cormac-leech-ceo-axiafunder/
Posted on 4 Feb. 2019
When Cormac Leech, chief executive of new crowd funding litigation platform Axiafunder, is questioned about the potential 20-30 per cent returns offered to investors on its website, he doubles down.
Written by James Booth, CityAM reporter covering the legal and insurance sectors, published by CityAM on 11 February 2019.
Posted on 13 February 2019.
Innovative Finance Individual Savings Accounts (IFISAs) allow investors to be innovative in the ways they invest. There are many different areas which one can invest in using IFISAs to get tax-free returns. Carol Lewis reports on the various options including investing into AxiaFunder’s IFISAs eligible offers which are allowing investors to invest in legal cases. The range of options for investments which are eligible to be put into an IFISAs are very diverse. IFISA investments can earn tax free interest for the investors and allow small businesses and individuals to access loans.
Originally published in Financial Times written by Carol Lewis, on 2 March 2019.
Posted on 6 March 2019.
“The idea of litigation finance is simple, legal cases cost money and sometimes a claimant is unable to afford to fight a case; so in exchange for money up front, they share the return of any settlement winnings paid out in the future. Burford Capital does this very successfully – but Cormac is trying to allow retail investors to fund smaller cases."
Originally posted on Bruce Packard’s blog on 12 October 2018.
Posted on 6 March 2019.
Posted on 30 August 2019.
- Evaluating litigation crowdfunding in light of the Code of the ALF
- Profile review by P2P Guarantee
- Profile review by Valiqo
- First secondary market trade of litigation funding assets completes
- Litigation funding with Cormac Leech podcast | AxiaFunder
- Profile review by Explore P2P
- Todocrowdlending.com - Interview with Cormac Leech AxiaFunder CEO 2020
- Opportunity knocks for litigation finance
- What are legal merits? | AxiaFunder
- Litigation funding & rule of law