The startup provides legal management services focused on litigation funding, enabling clients to pursue legitimate claims through structured legal processes. By facilitating access to quality legal representation, the company aims to ensure fair settlements for clients navigating complex legal challenges.
Funding
$106.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals and businesses lack the financial resources to pursue legitimate legal claims, creating an imbalance in the justice system where those with deeper pockets have an unfair advantage. This can prevent valid claims from being pursued, hindering access to justice and accountability.
Solution
CASL provides litigation finance solutions, enabling claimants to pursue meritorious cases, including class actions, insolvency claims, and commercial disputes, without the burden of upfront legal costs. By covering legal expenses, CASL ensures that financial constraints do not prevent individuals or companies from seeking justice. CASL receives a share of any settlement or judgment obtained, aligning its interests with the claimant's success, while providing strategic insights to strengthen the claim. If the case is unsuccessful, the claimant owes nothing, mitigating financial risk.
Target Audience
CASL's primary customers include individuals, businesses, liquidators, administrators, and law firms seeking funding to pursue legal claims, particularly in class actions, insolvency proceedings, and commercial disputes.
Features
- Tailored litigation finance solutions for various disputes, including class actions, insolvency and restructuring, and commercial claims
- Funding for legal expenses, enabling claimants to pursue meritorious cases
- Purchase and assignment of claims
- Law firm portfolio facilities to participate in Group Cost Order (GCO) regime for class action litigation
- Subrogated recoveries for insurers to bundle claims into a portfolio
- Third-party funding for commercial arbitration