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ARTICLE · 14 OCTOBER 2024

Third-party Litigation Funding: Levelling The Playing Field

TPLF is based on the idea that a legal claim for damages can be considered an asset with a future value, and that plaintiffs may need help to unlock that value.

SwitzerlandLitigation, Mediation & Arbitration

Unfair practices abound in the business world: the proprietary manufacturing process developed by a decades-old family-owned company is stolen by a large competitor; a group of bank shareholders is shortchanged when the bank merges with a competitor; a biotech researcher develops a compound that could save countless lives, but she's forced to settle with a deep-pocketed patent troll who makes a baseless claim of infringement.

In all three of these situations, the chances of the injured party having their day in court - let alone winning their case - are close to zero. But they also have something else in common too: third-party litigation funding (TPLF) could make all the difference.

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