This case demonstrates how even claimants with sufficient capital like to call upon Harbour.
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.
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.
The case is on-going.
Harbour Litigation Funding Limited (“Harbour") - Reg. No 06426478 - is authorised and regulated by the Financial Conduct Authority and acts as the sole investment sub adviser to Harbour Litigation Investment Fund, L.P., Harbour Fund II, L.P., Harbour Fund III, L.P. and Harbour Fund IV, L.P. (the "Harbour Funds”).