SME v Investment Bank

This case demonstrates how even claimants with sufficient capital like to call upon Harbour.

Background

The claimant, a successful SME, introduced an investment opportunity to the defendant bank. In breach of the various confidential agreements made between them, the bank decided instead to take the investment opportunity for itself and acquired the target company using the SME’s proprietary information.

Harbour’s funding

Whilst the SME could afford to litigate the claim itself, it decided that it wanted to benefit from Harbour’s experience of funding large commercial disputes. Harbour has committed a multi-million pound budget to take the matter through to trial and, as requested by the claimant, Harbour has assisted with the selection of the legal team and provided input on the case strategy.

Outcome

The case is on-going.