Acquiring claims and litigation funding
The prosecution of a meritorious claim, especially in the construction Industry, is sometimes not pursued for seemingly unjustified reasons. It may well be that the claim-holder does not have the available financial resources or risk appetite to fund the litigation in anticipation of a positive award. It may be that the claim-holder does not have the claim management resources or know-how to analyse the claim and develop a winning strategy in the pursuance of the litigation process to fruition. Alternatively, the importance of keeping good relations with contracting parties might outweigh any decision to litigate.
Whatever the reasons might be for not pursuing a claim, Tiefenthaler Consulting has a network of relations with construction solicitors and attorneys, industry experts, funders and investors which enable the facilitation of claims acquisition or the funding of litigation to avoid an otherwise good claim from being jettisoned.