Litigation Finance

Non-recourse capital deployed into high-merit legal actions, designed to deliver asymmetric returns independent of market cycles.

Novarex provides funding to carefully selected legal claims, underpinned by rigorous legal diligence, insurance protection, and disciplined structuring. Investors gain access to non-correlated opportunities with defined risk frameworks and controlled downside.

Non-Correlated Private Market Exposure

Financing high-merit legal claims with structured downside protection.

Novarex provides access to litigation finance through the funding of vetted legal claims on a non-recourse basis.

Capital is deployed into legal fees, disbursements, and case-related costs where claim value, legal merit, and enforceability are clearly established.

Returns are driven by legal outcomes rather than market conditions, offering investors a differentiated, asymmetric return profile.

Strategy Overview

Litigation finance enables investors to participate in legal claims with defined damages and clear recovery pathways.

Novarex structures facilities that fund commercial disputes, group actions, and specialist litigation strategies.

Investments are made on a non-recourse basis, meaning capital is only returned upon successful resolution. Funding is typically deployed via law firms, claim vehicles, or SPVs aligned with experienced legal teams and supported by ATE insurance..

Why Litigation Finance

Litigation finance sits apart from traditional asset classes. Outcomes are driven by legal resolution rather than economic cycles, interest rates, or market sentiment.

Returns are typically realised within 12–36 months and structured to deliver a multiple on invested capital. Novarex focuses on legal strength, defendant solvency, insurance coverage, and enforceability—ensuring a disciplined and repeatable investment approach.

Target Net Return

14%–20% p.a. (deal dependent, net of fees)

Duration

12–36 months, aligned with case timelines

Structure

Non-recourse claim finance via SPVs or dedicated investment structures

Capital Use

Legal fees, disbursements, expert reports, and case-related costs

Security

Legal interest in claim proceeds, assignment structures, and insurance-backed protection

Enhancements

ATE insurance, damages-based agreements, and structured return waterfalls

Recovery Path

Settlement, judgment enforcement, or negotiated resolution

Investor Type

Institutional, family offices, HNW with appetite for non-market-linked strategies