Comment - How Litigation-Funding Helps Davids Tackle Goliaths in Court

Comment – How Litigation-Funding Helps Davids Tackle Goliaths in Court

Last month, UK-headquartered soft drinks company Nichols was hit with a legal fine in Pakistan. The PKR1.4m (US$13.8m) payout to its bottling partner in the country, Gul Bottlers, hit Nichols' bottom line hard. The ruling in Gul's favour carried echoes of David beating Goliath. Mark Beaumont, a director at UK-based law firm Annecto Legal, considers the well-established, yet little-known method of funding litigation that could help a slighted minnow chalk up a victory against a bigger partner.

August 4, 2014

Last month, UK-headquartered soft drinks company Nichols was hit with a legal fine in Pakistan. The PKR1.4m (US$13.8m) payout to its bottling partner in the country, Gul Bottlers, hit Nichols’ bottom line hard. The ruling in Gul’s favour carried echoes of David beating Goliath. Mark Beaumont, a director at UK-based legal advice provider Annecto Legal, considers the well-established, yet little-known method of funding litigation that could help a slighted minnow chalk up a victory against a bigger partner.

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