Litigation funding is a service where a third party (the funder - Deminor) provides financial resources allowing a claimant to pursue claims through litigation or arbitration.
The funder pays all legal costs and does not receive any remuneration or return unless the case is successful, and the claimant achieves a recovery.
In the event of a recovery, the funder receives a share of the proceeds. If the case is unsuccessful, the funder loses its money, and nothing is owed by the claimant. Subject to regulatory restrictions in certain jurisdictions, Deminor as funder may also offer litigation management & support services in conjunction with litigation funding.