LionFish Litigation Finance Limited
LionFish Litigation Finance Limited is a privately held company founded in 2020, specializing in litigation funding and finance. Based in London, it provides non-recourse financing solutions for law firms and corporates, focusing on quick delivery and efficiency in managing litigation risks.
Company Overview
LionFish Litigation Finance Limited is a privately held company established in 2020, headquartered in London, GB. The company operates within the financial services sector, specifically focusing on litigation funding and litigation finance. With a team size of five, it is classified as a very small business. LionFish aims to exploit unrecognized simplicities in litigation funding, providing innovative financial solutions tailored to the needs of law firms and corporate clients.
Litigation Funding Services
LionFish specializes in providing non-recourse financing for individual commercial litigation cases. The company delivers law firm cashflow solutions by financing incurred costs under Conditional Fee Agreements (CFA) or Damages-Based Agreements (DBA). It offers discrete financing for specific disbursements, indemnity deed fees, or security for costs orders. The firm also provides funding for claims that have already issued proceedings, assessing legal merits at the time of application.
Corporate Solutions
LionFish offers corporate solutions for litigation risks, enabling companies to treat meritorious claims as assets that can enhance their balance sheets and cashflows. This approach allows corporates to manage litigation risks effectively while optimizing their financial position. The company provides a documentation suite that is publicly available, promoting standardization in litigation funding practices.
Acquisition and Backing
In July 2023, LionFish was acquired by funds managed by Foresight Group, a multi-billion AUM alternative asset manager. This acquisition enhances LionFish's capacity to deliver nimble and creative financial solutions in the litigation funding market. The backing from a significant asset manager allows LionFish to leverage its own balance sheet for quick identification and structuring of financial transactions around promising litigation risks.
Specialist Financing Solutions
LionFish operates as a specialist finance business in the litigation markets, providing non-recourse financing for various litigation costs, including solicitor's fees and barrister's fees. The firm also finances judgment recoveries through an interest-based, time-linked pricing structure. Additionally, it offers barrister funding solutions to help absorb litigation risk and smooth cashflows for barristers, distinguishing itself from traditional litigation funders by focusing on delivering tailored solutions.