Litigation Funding definition

Litigation Funding means any obligations incurred by any Group Company in respect of funding for costs, fees and expenses arising out of, or in connection with, legal action (including litigation and arbitration proceedings) taken by any Group Company in pursuit of legal claims against third parties.
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Litigation Funding means the funding of the resolution of disputes in England and Wales within the meaning of the Code of Conduct;
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Litigation Funding means any funding agreement between any Funder and Xxxxxx & Xxxxxx (or Claimant, as appropriate) under which the Funder has, subject to the terms of that agreement, agreed to pay certain Fees, Disbursements (including Counsel Fees) and other amounts incurred by us in connection with the Proceedings.
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Examples of Litigation Funding in a sentence

  • Under the terms of the privileged Litigation Funding Agreement, the Company has given certain warranties and covenants to the Funder.

  • On June 1, 2012, in relation to the Litigation Funding Agreement and the CSA, the Company signed an amendment with Vicolven whereby the Company agrees to pay interest of 11%, compounded annually, on the amount outstanding of 6,642 gold ounces.

  • In addition to the Litigation Funding Agreement the Company has also provided contingent success fees to select stakeholders, including the Lenders of the Convertible Loan and the board of directors and management of the Company, in consideration for their discounted services or forgiveness of select obligations.

  • The promissory note and any payment due under it shall be subordinate and postponed in right of payment to (a) the rights of the Funder as defined in the Creditors and Shareholders Agreement, and Litigation Funding Agreement, and (b) the rights of the Funder and Freshfields Bruckhaus Deringer US LLP under a Priorities Agreement.

  • See Note 9 for details of recoveries received under the Litigation Funding Agreement.

  • McLaughlin, Litigation Funding: Charting a Legal and Ethical Course, 31 VT.

  • Richmond, Other People’s Money: The Ethics of Litigation Funding, 56 MERCER L.

  • VELJANOVSKI, “Third-Party Litigation Funding in Europe”, 8 J.L. Econ.

  • Chen, A Market for Justice: A First Empirical Look at Third Party Litigation Funding, 15 U.

  • Hensler, The Future of Mass Litigation: Global Class Actions and Third-Party Litigation Funding, 79 GEO.


More Definitions of Litigation Funding

Litigation Funding means the funding provided by any Litigation Funder in accordance with any Litigation Funding Agreement; Litigation Funding Agreement means any agreement under which the Costs of the Proceedings are paid by a funder in return for the funder being entitled to a share (however expressed and in whatever amount and/or proportion) of any Recovery; Net Recovery means any Recovery less no more than 48%; PPI means Payment Protection Insurance; Proceedings means:
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Related to Litigation Funding

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Formal proceedings means proceedings conducted before a judge with notice to interested persons.

  • Bond proceedings means, collectively, this Ordinance, the Certificate of Award and such other proceedings of the City, including the Bonds, that provide collectively for, among other things, the rights of holders and beneficial owners of the Bonds.

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Pending Claims shall have the meaning set forth in Section 7.1(e).

  • subordinate court means a court of Ascension subordinate to the Supreme Court that has been established by Ordinance, and includes the exercise of any power or jurisdiction in relation to an inquiry conferred on a Coroner by the Coroners Ordinance or any Ordinance replacing or amending that Ordinance;

  • Pending Claim has the meaning set forth in Section 9.6 hereof.

  • Official proceeding means any proceeding before a legislative, judicial, administrative, or other governmental agency or official authorized to take evidence under oath and includes any proceeding before a referee, hearing examiner, commissioner, notary, or other person taking testimony or a deposition in connection with an official proceeding.

  • Adjudicative proceeding means the procedure to be followed in contested cases, as set forth in RSA 541-A:31 through RSA 541-A:36.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.