News

No need to show me the money! Court finds that a deed of indemnity from an insurer is acceptable security for costs
Wednesday 17 August 2016

A sensible judgement holding that an A-rated Deed of Indemnity provided adequate security for costs. Deeds of Indemnity are extremely useful for claimants who cannot afford to place security into court or prefer not to have their funds tied up for the duration of the matter. However, the cost of a deed is typically upfront, driving up a claimant’s litigation costs. Our non-recourse capital can finance the costs of a deed of indemnity through an A-rated insurer, so the client can defer the costs of the deed until a successful outcome is reached. Read more on Lexology.