Harbour Litigation Funding
{{Multiple issues|
{{refimprove|date=February 2016}}
{{notability|Corp|date=October 2024}}
}}
{{Infobox company
| name = Harbour Litigation Funding
| logo = Harbour H.jpg
| type =
| industry = Litigation funding
| fate =
| predecessor =
| successor =
| founded = {{Start date and age|2007}}
| founders = Susan Dunn
Martin Tonnby
| defunct =
| hq_location_city = London
| hq_location_country = United Kingdom
| area_served =
| key_people =
| products =
| owner =
| num_employees =
| num_employees_year =
| parent =
| website = {{URL|harbourlitigationfunding.com}}
}}
Harbour Litigation Funding or 'Harbour' is one of the UK's first litigation funders and one of the largest litigation funders in the world, measured by the size of its investment funds.{{cite news|title=Litigation funders become big business|url=https://www.theguardian.com/law/2012/may/25/litigation-funders-booming-market-uk|accessdate=14 June 2013|author=The Guardian|location=London|date=25 May 2012}}
History and operation
Harbour was founded in 2007 by Susan Dunn and Martin Tonnby. The origins of the business date back to 2002.{{cite web |title=About Us |url=https://www.harbourlitigationfunding.com/about-us/ |website=Harbour Litigation Funding |accessdate=7 June 2019}} It operates hubs in London and has funded litigation in 13 jurisdictions and arbitration under 4 arbitral rules. Harbour is authorised and regulated by the Financial Conduct Authority. Litigation funders pay all or part of the costs of a dispute. If the case is won and monies received, they take a pre-agreed share of the proceeds. If the case is lost, the loss is the funder's - not the claimant's.
Association of Litigation Funders
The Civil Justice Council approved a regulatory body responsible for litigation funding and ensuring compliance with the Code. That body is called the Association of Litigation Funders.{{cite web |title=Association of Litigation Funders |url=https://associationoflitigationfunders.com/about-us/our-founding/ |website=associationoflitigationfunders.com |access-date=31 October 2024 |date=21 February 2014}}
Harbour is a founding member of the Association of Litigation Funders.
References
{{reflist}}