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Lexology | Litigation Funding 2024

Our experts have contributed to the publication of a Q&A paper about Litigation Funding in Luxembourg together with Nivalion AG. Look at the chapters below, which are fully investigated in the pdf.

 

  • REGULATION

Overview

Restrictions on funding fees

Specific rules for litigation funding

Legal advice

Regulators

  • FUNDERS' RIGHTS

Choice of counsel

Participation in proceedings

Veto of settlements

Termination of funding

Other permitted activities

Other funding options

  • CONDITIONAL FEES AND OTHER FUNDING OPTIONS

Conditional fees

Other funding options

  • JUDGMENT, APPEAL AND ENFORCEMENT

Time frame for first-instance decisions

Time frame for appeals

Enforcement

  • COLLECTIVE ACTIONS

Funding of collective actions

  • COSTS AND INSURANCE

Award of costs

Liability for costs

Security for costs

Insurance

  • DISCLOSURE AND PRIVILEGE

Disclosure of funding

Privileged communications

  • DISPUTES AND OTHER ISSUES

Disputes with funders

  • UPDATE AND TRENDS

Current developments

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