{"id":1424,"date":"2022-08-05T13:55:00","date_gmt":"2022-08-05T11:55:00","guid":{"rendered":"https:\/\/www.lexcapital.it\/litigation-funding-in-italy-justice-for-companies\/"},"modified":"2024-05-06T13:57:51","modified_gmt":"2024-05-06T11:57:51","slug":"litigation-funding-in-italy-justice-for-companies","status":"publish","type":"post","link":"https:\/\/www.lexcapital.it\/en\/litigation-funding-in-italy-justice-for-companies\/","title":{"rendered":"Litigation funding in Italy: justice for companies"},"content":{"rendered":"\n

For a while now in Italy<\/strong>, we have been hearing about litigation funding.<\/strong><\/p>\n\n

It is a relatively recent concept<\/strong> in Italy that allows companies and citizens<\/strong> to have fair access to justice systems, thanks to the investment of a third party<\/strong>.<\/p>\n\n

How exactly does it work<\/strong>?<\/p>\n\n

Let’s attempt to clarify.<\/p>\n\n

Litigation funding: an investment that benefits the client<\/strong><\/h2>\n\n

It is important to recognise that litigation funding<\/strong> is actually a form of investment.<\/strong><\/p>\n\n

A form of investment<\/strong>, however, that is directed at fully supporting the client<\/strong>: the obligations, risks and costs of litigation all rest on the shoulders of the investor.<\/p>\n\n

Referred to also as third-party litigation funding<\/strong><\/a>, litigation funding<\/strong> is a service where a third party decides to invest in a legal dispute<\/strong>.<\/p>\n\n

External legal matters<\/strong> in which the litigation funding company<\/strong> has no interest<\/strong>.<\/p>\n\n

Financing is provided by purchasing the chose in action<\/strong> and providing the client with a network of experts and lawyers.<\/strong><\/p>\n\n

litigation funding originated in Anglo-Saxon countries<\/strong><\/h3>\n\n

Litigation funding was imported into Italy<\/strong><\/a> relatively recently<\/strong>. However, it is well-known in all countries<\/strong> that historically have a common law system<\/strong>.<\/p>\n\n

Countries such as Great Britain<\/strong>, Australia<\/strong> and Canada<\/strong>.<\/p>\n\n

Before arriving in Italy<\/strong>, however, it had already caught on in Switzerland<\/strong>, Germany<\/strong> and even Asia<\/strong>.<\/p>\n\n

Litigation funding: success stories around the world<\/strong><\/h3>\n\n

Although not well-known, it must be acknowledged that it is thanks to the contribution of litigation funding<\/strong> systems that some world-famous disputes have been resolved.<\/p>\n\n

A few examples are:<\/p>\n\n