We become the named claimant and work with expert solicitors and barristers to litigate purchased claims - bearing the expense and risk and leaving assignors free of the hassle and drain on resources associated with litigation.
We usually structure assignments so that we share the proceeds of the claim with the assignor – therefore our interests are aligned throughout the litigation.
We all want to get the best result, as quickly and efficiently as possible. Our introduction to the litigation will help to achieve that.
We aim to look at cases from a different perspective and our innovative assignment model allows us to say 'yes' to cases deemed to pose a higher risk that other funders/purchasers may turn down.
Set out below are two examples of cases where funding provided by H&J led to a successful outcome:
H&J purchased a claim against four defendants (A & B and X & Y) who were the former shareholders and directors of a company that had been placed into liquidation. The investigatory work of the insolvency practitioner revealed that some £1.6m had been taken out of the company without clear justification and which left very significant creditors outstanding.
We retained the services of the incumbent solicitors appointed by the insolvency practitioners from whom we purchased the claim. They identified significant property interests held by the defendants which had been purchased using company funds. X&Y initially denied the claims brought but subsequently settled their claim by returning the unencumbered property to the company – which we sold via a local agent to achieve a return for creditors.
We were approached by a liquidator about a potential unlawful dividend claim with limited time before the relevant limitation period expired. Within that time we reviewed the case, made an offer to purchase the claim and had issued proceedings.
We conducted a thorough investigatory process, which not only served to substantiate the unlawful dividend claim – but also identified serious wrongdoing in the form of fraudulent conduct by the former directors of the company.
We incur all costs associated with the proceedings – court fees, solicitors, barrister and experts fees. We also assume all risks – including in respect of any adverse costs awards.
Our team is comprised of expert litigators with first-rate training and years of experience. We work with our external advisors to develop sophisticated and creative strategies to drive cases to a successful outcome.
We keep costs down by using our knowledge and experience to ensure cases are run efficiently - and by leveraging our relationships with solicitors and barristers to secure engagements on excellent terms.
If you have a case you'd like us to review please send us details using this form. However, other than your contact details, the fields are not mandatory and merely indicative of the information that may help us to process your claim quicker. If you'd prefer, please feel free to drop us an email at:
