Recently joined a talk oninternational dispute resolution involving African parties, and one of thepanelists was an expert on litigation funders. Several interesting points:
- Litigation funders only take cases with really strong claims on merits, 1 in 25 cases on average that are referred to them, and nothing speculative.
- First priority is if debtor/counterparty is solvent, and there is a clear means to enforce
- Involvement of funders often has a psychological effect on counterparties as they are aware of experience/aggressive tactics of funders
- 85% of all cases accepted by litigation funders get settled.
Our claim is for USD 95M, andcounting. This case is will still take time, and GoT will want to avoidsetting a precedent, but that can work in Indiana's favour as itwould encourage an early confidential settlement. Even afraction of this figure would be very positive for Indiana given a market captoday of A$21M - funding without going the market again.
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Last
9.0¢ |
Change
0.001(1.12%) |
Mkt cap ! $57.20M |
Open | High | Low | Value | Volume |
8.9¢ | 9.0¢ | 8.9¢ | $145.4K | 1.622M |
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No. | Vol. | Price($) |
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1 | 63774 | 8.8¢ |
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9.0¢ | 84681 | 1 |
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No. | Vol. | Price($) |
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1 | 63774 | 0.088 |
3 | 254534 | 0.086 |
3 | 401711 | 0.085 |
3 | 30300 | 0.084 |
1 | 11687 | 0.083 |
Price($) | Vol. | No. |
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0.090 | 84681 | 1 |
0.091 | 440000 | 2 |
0.092 | 500000 | 1 |
0.096 | 250000 | 1 |
0.098 | 250000 | 2 |
Last trade - 10.08am 01/08/2025 (20 minute delay) ? |
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