Third-Party Funders Targeting €1bn Disputes In Iberia

Funders from around the world have limitless finance available for cases with merit, though lawyers warn that sound funding agreements are needed to ensure clients retain strategic control

There has been an increase in the number of third-party funders from around the world that are looking to finance disputes in Spain and Portugal, with some specifically targeting insolvency cases valued at more than €1 billion. Indeed, lawyers indicate that there is a limitless amount of third-party funding available for cases in Iberia that investors deem to have merit.

Third-party funding generally refers to a scenario where an investor provides funding for the legal fees associated with a case, often in return for a share in the final award. Although most third-party funders are based in the US or the UK, there are others from elsewhere in Europe, as well as South America, that are also showing an interest in the Iberian market leading third-party funders include Burford