LITIGATION FUNDING & NO CURE NO PAY
America has a claim culture like no other country on earth. Corporate claims, individual claim cases, and collective claims (Class Action lawsuits) are a normal practice in the United States, and lawyers are permitted to work on a No Cure No Pay basis. In America, injured parties are only required to pay a fee to lawyers once a case is won and compensation is paid out.
We finance high-potential legal claims through private investment funds, partly due to the fact that Dutch lawyers are not permitted to work on a No Cure No Pay basis. Thanks to our financing formula, our team of advisors, lawyers and investors/entrepreneurs can conduct claim litigation as is usual in America. Our injured parties only pay our fee once the case is won and compensation is paid out.
Our financing formula means that we have unique and extraordinarily attractive investment funds available for (private) investors. The private investment funds offer profitable returns. We only select high-potential claim cases. Our private investment funds are significantly more attractive - and offer more transparency and security - than an average investment fund/equity fund.
There is disproportionate inequality of power between small and medium-sized businesses and large corporations in the Netherlands (and throughout Europe). The inequality of power between non-affluent citizens/parties and financially powerful organisations/persons is substantial and far-reaching. This is because litigation is unaffordable for small and medium-sized companies and/or parties with limited means. Those who do not have access to sufficient financial means are unable to take effective legal action in the Netherlands.
Large parties have plenty of options for making procedures and proceedings as drawn-out and complicated as possible. Only those parties with sufficient financial means are able to offer any form of opposition. The Netherlands does not (yet) have a claim culture, and lawyers are not permitted to work on a No Cure No Pay basis. This contributes to the fact that large organisations and/or financially powerful parties - including government organisations - can often act with impunity.
Even if lawyers were permitted to work on a No Cure No Pay basis, this would not eradicate inequality of power, as lawyers are not investors and most legal practices are not backed by a considerable financial buffer. If No Cure No Pay becomes possible in the Netherlands (and other European countries), only the largest and financially strongest law firms would be able to finance some high-potential (smaller) claim cases, and want/dare to undertake these on a No Cure No Pay basis.
Our services enable claim cases to be accepted that would otherwise fall by the wayside, due to injured parties not having sufficient financial backup available and/or not being able to hire the best advisors/lawyers.
Our means and ways will prevent even large corporations and governments (as well as directors/politicians/managers) from evading their responsibilities/liabilities. And if necessary, they will be called to account by operation of law. Our investment groups (joined by very wealthy national and international parties/persons/families) enable us to have access to sizeable capital. If a claim is likely to be successful, we can enter the legal arena to tackle any party, to hold any party to account, and to bring them to trial in case they are imputable and liable to pay compensation.
Once a large/powerful party realises that a small organisation and/or non-affluent injured party has sufficient financial backup (through our organisation) so that money is not important, there is often increased readiness to settle out of court. As a result, many claim cases are settled without ending up in court and attracting media attention.
Each high-potential claim case we select is funded by a private investment fund. The claim cases are only financed by investors affiliated to us, never by public investment funds. In addition, a Central Investment Fund provides a buffer. Many claim cases remain hidden from the public eye, and certain cases are brought to the media in the interest of society and/or the case. Litigation claims that are suitable for an IPO could possibly be introduced on the stock exchange.