Litigation Funding

The process at Stonward

1. The Client Request
Stonward receives a request from a client to access the litigation funding market to cover the costs related to a claim, the monetization of awards or judgements, a portfolio of cases, a practice at a law firm, etc.
Entered into between Stonward and our client to protect the exchange of confidential and/or privileged information.
2. The Non-Disclousure Agreement
3. Case Review
Following the execution of the non-disclosure agreement Stonward studies the case’s merits and probability of success. This process takes at least 2 weeks.
Following case review, if we conclude that the case has strong merits, a high probability of success, and a strong likelihood of being funded, we execute an engagement letter
that includes the success fee for our bespoke services.
4. Engagement letter
5. Litigation Funders
Stonward begins the process of contacting third party funders to whom the case is presented and explained. We have previously executed NDAs with each of them and know, based on their profiles and investment criteria, which cases could be a match for both client and litigation funder. At Stonward we do not indiscriminately send the case to any funder.
If the litigation funder believes the case meets their investment standards, they provide Stonward with a term sheet for our client that includes the financial terms and
conditions under which they would fund the case, conditional upon the successful completion of their due diligence.
6. Term Sheet
7. Due Diligence
If our client agrees to the financial terms set forth by the funder, the term sheet is signed and the funder’s due diligence begins. This due diligence period will last at least 6 weeks.
If the due diligence is successful, an LFA is executed. Sometimes we have assisted our clients in executing an LFA before the due diligence is completed, but subject to its
successful completion.
8. Litigation Funding Agreement (LFA)
9. Case Monitoring
Following the execution of the LFA and until successful recovery of damages, Stonward remains in close contact with our client.
Which we receive after the funder receives theirs, when the case is successfully concluded and enforced.
10. Success Fee
1. The Client Request
Stonward receives a request from a client to access the litigation funding market to cover the costs related to a claim, the monetization of awards or judgements, a portfolio of cases, a practice at a law firm, etc.
2. The Non-Disclousure Agreement
Entered into between Stonward and our client to protect the exchange of confidential and/or privileged information.
3. Case Review
Following the execution of the non-disclosure agreement Stonward studies the case’s merits and probability of success. This process takes at least 2 weeks.
4. Engagement letter
Following case review, if we conclude that the case has strong merits, a high probability of success, and a strong likelihood of being funded, we execute an engagement letter
that includes the success fee for our bespoke services.
5. Litigation Funders
Stonward begins the process of contacting third party funders to whom the case is presented and explained. We have previously executed NDAs with each of them and know, based on their profiles and investment criteria, which cases could be a match for both client and litigation funder. At Stonward we do not indiscriminately send the case to any funder.
6. Term Sheet
If the litigation funder believes the case meets their investment standards, they provide Stonward with a term sheet for our client that includes the financial terms and
conditions under which they would fund the case, conditional upon the successful completion of their due diligence.
7. Due Diligence
If our client agrees to the financial terms set forth by the funder, the term sheet is signed and the funder’s due diligence begins. This due diligence period will last at least 6 weeks.
8. Litigation Funding Agreement (LFA)
If the due diligence is successful, an LFA is executed. Sometimes we have assisted our clients in executing an LFA before the due diligence is completed, but subject to its
successful completion.
9. Case Monitoring
Following the execution of the LFA and until successful recovery of damages, Stonward remains in close contact with our client.
10. Success Fee
Which we receive after the funder receives theirs, when the case is successfully concluded and enforced.

Stonward offers you bespoke solutions to access legal finance.