Harbour funds a bundle of claims which are either in progress or are about to be initiated.
For cases with the same or similar characteristics, Harbour can provide a drawdown facility provided that certain case features are verified against pre-agreed criteria. This option simplifies the signing up of successive cases which fall within a pre-defined type.
Harbour approves an agreed amount of funding which depends on the nature of the cases and the likely size of average budget. The law firm verifies that each case intended to be brought within the facility complies with the pre-agreed funding criteria.
The agreed approval process:
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”).