Legal assets are financial assets that derive their cashflows from legal outcomes—such as a court judgement, jury award, or settlement. The best-known strategy within legal assets is litigation finance, a practice where an investor provides capital to fund a lawsuit in return for a share of the financial recovery from the case.
Legal assets have become a valuable element of a sophisticated investment portfolio and appeal to investors because they are non-correlated to stock and bond markets. We are uniquely positioned to unlock the value of legal assets to high-net-worth individuals.
Innovation
Our fund differentiates itself from the existing litigation finance market in three ways:
The world is changing at an ever-increasing speed. Leaders of tomorrow will be the ones able to stay ahead of the curve and create a competitive advantage through excellence and innovation.
Luxetech employs highly experienced and visionary professionals with a track record of realised projects for major financial institutions and luxury companies. As a team, we encompass a combination of commercial and technological expertise.
Luxetech is endorsed by Innovate in Britain; Luxetech Ventures is established as a private investment fund (PIF) in Guernsey, a dynamic financial centre with thriving fund industry.
Regulation
London is justifiably viewed as a desirable place to litigate claims due to the English legal system, which is globally recognised as both transparent and fair. English law and procedure are consistent, whilst being sufficiently flexible to adapt quickly to new areas of commerce and technology.
At present, there is no legislation regulating litigation funding in the UK. The British government confirmed in 2017 that it had no plans to introduce any special regulation to govern the litigation funding market.
Thanks to liberal and progressive regulatory approach, Luxetech, as technology innovator, has an opportunity to contribute to the development of litigation finance as an asset class.