[vc_row][vc_column][vc_column_text]LEX has funded a wide range of claim types, including Anti-trust, Breach of Contract, Breach of Duty, Breach of Regulation / Mis-selling, Consumer Class Action / Mass Tort, Deceit / Breach of Trust, Treaty Claim / BIT / FTA, Negligence

The legal services market is a large global sector, with $650bn annual revenues worldwide (2013/14); the UK is the second largest market globally after the US, with £30.6bn annual revenues in 2013 and over 20% of the European market (Source: UK Legal Services 2015 TheCityUK).

Litigation is expensive, and whilst some law firms are willing to work on “no-win, no-fee” (CFAs in the UK or Contingent Fees in the US), law firms are often capital-constrained and risk averse. As a consequence, high-value, complex and costly legal claims may require funding to pursue.

Leading City litigation law firm RPC provides expertise in litigation and dispute resolution.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_tta_accordion active_section=”” collapsible_all=”true”][vc_tta_section title=”For Law Firms / Claimants” tab_id=”1530167629806-bb2a9405-2888″][vc_column_text]LEX has funded a wide range of claim types, including Bilateral Investment Treaty Claims, Breach of Contract, Breach of Regulation, Breach of Trust / Duty, Competition, Consumer Class Action/Mass Tort, Deceit, Misselling, Negligence, Treaty Claims.

Unlike most funders, we are also financial experts, and have extensive expertise in complex financial products, and in innovative product design. We can also call on business resources across Banking & Insurance, IT / Data Security, Real Estate and a wide range of other fields where relevant.

LEX can offer industry standard funding solutions (e.g. purchase of share of award equal to return of capital, plus greater of multiple of commitment or percentage of award), together with other solutions for portfolios of smaller cases, adverse costs, hybrid DBAs for law firms (enabling partial WIP monetization), and other law firm WIP portfolio funding. We can also work on corporate litigation portfolios / asset recovery financing, distressed / NPL asset acquisitions, and restructurings.

We are flexible:

  • Most funders either do small cases or large cases – we look at both
  • We have funded cases with funding requirements from £100,000 to £10,000,000
  • We know the best, smartest and most flexible funders in the market (in our experience, most funders are not flexible) – where relevant, this enables us to co-fund cases on a smooth and seamless basis, with no size constraints

We assess claims on the basis of a number of criteria:

  • Commercial & Rational Claimant
  • Probability of Success
  • Quantum-to-Costs
  • Adverse Costs coverage
  • Enforceability
  • Creditworthiness / proof of assets
  • Likely potential claim term
  • Settlement Potential

In addition, we actively seek out cases (whether funding is required or not) from our unique network of contacts across our other businesses – purely on cash-paying cases that did not require any funding / CFA, we have referred millions of pounds worth of legal work to different law firms to date.

If you would like to find out more about LEX then please contact us at enquiries@giltspurgroup.com[/vc_column_text][/vc_tta_section][vc_tta_section title=”For Investors” tab_id=”1530167629838-2f112903-5e04″][vc_column_text]You understand that this website has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 and is directed exclusively at, and intended to be used only by, selected persons falling within the following Articles of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended: (1) Investment Professionals under Article 19(5); (2) Certified High Net Worth Individuals under Article 48(2); (3) High Net Worth Companies under Article 49(2); (4) Certified Sophisticated Investors under Article 50(1); and (5) Self-Certified Sophisticated Investors under Article 50A(1), and you confirm by clicking your agreement below that you fall within one or more of these Articles.

You understand, and confirm your agreement by clicking below, that this website is for information purposes only and should not be construed as an offer, recommendation or solicitation, or as giving investment advice, and is not directed to any person where (by reason of nationality, residence or otherwise) the availability of the website is prohibited. You understand that reliance on this website for the purpose of engaging in any investment activity may expose you to a significant risk of losing all of the property or other assets invested.

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CLICK to AGREE / DISAGREE[/vc_column_text][/vc_tta_section][/vc_tta_accordion][/vc_column][/vc_row][vc_row][vc_column][vc_column_text el_id=”full_content_div”]LEX is a general trading company operating as a litigation funding business, enabling shareholders to access litigation funding returns. Litigation funding is a growing global market, which is anticipated to have low correlation to traditional asset classes, and which can benefit from market downturns that may engender disputes over contracts, management, valuations and sales practices.

LEX may seek advice from RPC on the merits of different claims. RPC is one of the leading litigation practices in London, specialising in the resolution and/or litigation of banking, financial, commercial, taxation and insolvency and other disputes for its UK and international clients.  Due to their experience and litigation and settlement track record, RPC has had significant involvement in dispute funding in the UK:

  • Ranked highly relative to their peers in independent legal directories such as Chambers UK and The Legal 500
  • Approximately 250 litigators at RPC representing around 70% of the firm’s lawyers.
  • Resources and expertise to act on a wide range of commercial disputes, regardless of complexity or scale
  • Flexible, collaborative, commercially-oriented practice, delivering clients a bespoke, integrated, unified legal service
  • Extensive experience in case risk management

Shares in LEX have been acknowledged as acceptable by a number of SIPP providers. LEX pays corporation tax on profits at only 19% (17% from April 2020), and the tax regime for investment in LEX shares is simple and supportive:

  • SIPPs: zero UK tax on stock dividends/gains
  • Non-UK Resident individuals: zero UK tax on stock dividends/gains
  • UK Resident individuals: CGT regime on stock gains; dividend tax rate is materially lower than income tax rates

(this overview summary may be inaccurate for any particular investor and is not tax advice; investors should confirm their tax position with their own advisors)

If you would like to find out more about LEX then please contact us at enquiries@giltspurgroup.com[/vc_column_text][/vc_column][/vc_row]