OTHER PROFESSIONALS
Accountants, Accounting Experts, Engineers, Condominium Managers
An innovative service that non-legal professionals can also offer to their clients.
LITIGATION FUNDING TO SUPPORT NON-LEGAL PROFESSIONALS
Innovative litigation management
Through LexCapital's solutions and tools—particularly our proprietary Predictive Justice Tool—it is possible to both create a more objective and less discretionary estimate of the impact of litigation on the balance sheet, and proceed with proactive litigation management. This allows professionals to focus on their core business, mitigating risks and optimizing the use of financial resources for business development. Let's look at the potential advantages, with some practical examples, for each category.
Are you an Accountant?
Have you ever assisted a company in financial distress that has a substantial, million-dollar claim for damages against a former supplier, but lacks the funds to start the lawsuit? Litigation Funding allows you to avoid giving up on the legal action.
Advantage: Thanks to LexCapital, once the due diligence is successfully completed, you can immediately propose a more solid restructuring plan (based on the funded future recovery) and collect your professional fees related to the procedure, which would otherwise go unpaid due to a lack of funds.
Are you a Technical Expert or an Accounting Expert?
Think about how important, complex, and demanding your work is—for example, in a lawsuit over bank compounding (anatocism) or for determining damages in a corporate takeover. Your contribution is vital, but the client often cannot advance the costs of an in-depth expert appraisal.
Advantage: LexCapital's intervention allows your client to fully cover the costs of the accounting appraisal. Consequently, you receive your fee immediately and with certainty, while ensuring a flawless technical analysis that increases the chances of winning.
Are you an Engineer involved in a dispute related to a construction site or contract you supervised?
You have recently finished or are still overseeing work on a specific site, and the contractor you worked or are working for suffers an unlawful contract termination by a client. While the damages for "loss of profit" are enormous, so is the associated risk—and the costs of arbitration (frequently required in construction contracts) are often prohibitive for the company.
Advantage: LexCapital finances both the legal expenses and the technical expert fees to prove execution defects or delays. This ensures your design and project management work is fully recognized, protecting the economic value of the project.
Are you a Condominium Manager who discovers structural defects within 10 years of renovation works?
Initially, you propose that the condominium sues the construction company, which is still active and financially sound. However, the owners are divided and refuse to approve an extraordinary expense fund (which is often very high) to initiate a long and costly proceeding.
Advantage: You can solve the building's problem without creating financial tension among the owners. Once the due diligence is successfully completed and the agreement to transfer the res litigiosa (disputed matter) is approved by the condominium assembly, LexCapital covers all expenses to sue the construction company, including costs in the event of losing. If the condominium wins, it receives the money for repairs, minus the costs and LexCapital's share; if it loses, the owners will not have to pay anything.