According to Pythagoras: “The oldest, shortest words – ‘yes’ and ‘no’ – are those which require the most thought.” Litigation funders would wholeheartedly agree when deciding whether or not to fund a case. As the largest funder in the UK by volume of claims funded, Augusta has made such decisions more often than most. However, we need to be confident in a case before we decide to provide non-recourse funding. Like all funders, we look at cases (or portfolios of cases) on their individual merits and generalities do not always apply. Yet given the number of cases we have seen, and the number of decisions we have made, we are in a good position to shed some light on the rationale behind “yes” and “no,” and why funders ask the questions they do.
Read the full article here.