Woodsford Litigation Funding, one of the leading global third party funders, has announced a funding facility agreement with Lewis Baach which ensures the firm can offer clients an expedited, one-stop arrangement for the financing of high value litigation and arbitration.
The deal covers matters in any jurisdiction around the world for which Lewis Baach is prepared to offer contingency fee arrangements, and where funding is required for the additional litigation expenses, including expert witness fees, e-discovery costs and court and tribunal fees. The two organisations know each other well with the agreement based on a shared philosophy and belief in each other’s ability to deliver.
The facility ensures that Lewis Baach can seek out and pursue meritorious claims that might otherwise flounder due to cost and uncertainty. Lewis Baach will be able to enter fee-structuring discussions with clients confident in the knowledge that they have Woodsford’s considerable resources behind them.
This international arrangement between Woodsford and Lewis Baach is further supported by Brazilian funder, Leste Litigation Finance. As part of a collaboration agreement announced in March, for any matters with a Brazilian element, Leste and Woodsford will coordinate funding jointly.
Eric L. Lewis, senior partner of Lewis Baach, commented:
“This agreement provides not only financial resources to facilitate meritorious litigation, but also creates synergies of litigation judgment and sensible management that are beneficial to lawyers, funders and clients alike. We are excited about this new and exciting chapter in our relationship.”
Steven Friel, Woodsford’s CEO, commented:
“We have enjoyed a long and successful relationship with Lewis Baach, and I am delighted that we can continue to assist them and their clients in litigation and arbitration around the world. It is particularly exciting to close this deal within weeks of the opening of our new U.S. office. We hope to announce similar deals very soon.”
About Woodsford Litigation Funding
Founded in 2010, with offices in London and Philadelphia, Woodsford provides tailored litigation financing solutions for businesses, individuals and law firms. This includes both single case and portfolio litigation funding and arbitration funding. Woodsford’s Executive team blends extensive business experience with world-class legal expertise. Woodsford is a founder member of the Association of Litigation Funders of England and Wales.
About Lewis Baach Kaufmann Middlemiss PLLC
Lewis Baach is a globally recognized litigation boutique specializing in international commercial and financial disputes, intellectual property issues with a focus on patent litigation, insurance and reinsurance advice and representation, financial compliance and white collar defense and investigations. Lewis Baach has worked successfully with Woodsford over many years and employs lawyers with extensive experience in cross-border dispute resolution; representing investors, hedge funds and other litigants in business litigation and arbitration matters around the world.