Invest in litigation funding

Limited partnership funding of £60,000 to £330,000 required to fund disbursements on a portfolio of 25-139 Housing Disrepair (HDR) claims litigated by a law firm with a dedicated team specialising in HDR claims. AxiaFunder has previously raised £2,650,000 for this law firm via Offer ID 4237, Offer ID 5062, Offer ID 5244, Offer ID 5295, Offer ID 5400, Offer ID 5434 and Offer ID 5475. The majority of the capital raised in the most recent offer (ID 5475) is expected to be deployed by the time this Offer closes. We expect 75% of the HDR claims will be successful (with less than 5% going to trial). Any unsuccessful claims are required to be replaced by the law firm at no cost to the Partnership. The Defendants are housing associations and local councils. ATE insurance cover will be obtained prior to issuance on each claim. In the unlikely event the law firm is unable to litigate the cases, the claims could be assigned to another law firm. This Investment Offer has an attractive risk reward profile, in our view, with an expected return of c 19-21% per annum from a diversified portfolio of claims, after adjusting for the credit risk of the law firm becoming insolvent. We expect that investors’ principal and investment gains will be gradually paid to their AxiaFunder wallets within 9 and 18 months from when the Offer closes.

Limited partnership funding of £57,000 to £380,000 required to fund disbursements on a portfolio of 24-160 Housing Disrepair (HDR) claims litigated by a law firm with a dedicated team specialising in HDR claims. AxiaFunder has previously raised £1,940,000 for this law firm via Offer ID 5182, Offer ID 5266, Offer ID 5395, Offer ID 5432 and Offer ID 5474. The funds raised by the most recent Offer ID 5474 are expected to be fully utilised by the time this offer closes. We expect 70-75% of the HDR claims will be successful (with less than 5% going to trial). Any unsuccessful claims are required to be replaced by the law firm at no cost to the Partnership. The Defendants are housing associations and local councils. ATE insurance cover will be obtained prior to issuance on each claim. In the unlikely event the law firm is unable to litigate the cases, the claims could be assigned to another law firm. This Investment Offer has an attractive risk reward profile, in our view, with an expected return of c 19-21% per annum from a diversified portfolio of claims, after adjusting for the credit risk of the law firm becoming insolvent. We expect that investors’ principal and investment gains will be gradually paid to their AxiaFunder wallets within 9 and 18 months from when the Offer closes.

Partnership funding of £125,000 to £500,000 required to fund a portfolio of UK diesel emission claims against three large car manufacturers, with a payout on a “first to settle” basis. The proceeds will fund the law firm’s claim acquisition costs and other expenses. For this law firm, AxiaFunder has previously raised £1,460,000 of diesel emission funding via Offer ID 5393, Offer ID 5429 and Offer ID 5459 and £3,515,000 of housing disrepair funding via 10 Offers. The claims against the three defendants form part of Group Litigation Orders. Each group litigation is run by 2 large law firms with support from several client support law firms— one of which is funded by this Offer. There is evidence of NOx emissions breaches exceeding the permitted levels by up to 4x+ by all three defendants, allegedly concealed by defeat devices. Counsel’s advice is positive for these groups of claims. In addition, one defendant has already been fined by the European authority related to its involvement in a cartel with other car manufacturers that restricted competition in reducing diesel emissions. Another car manufacturer has already settled the UK claims based on similar facts for over £190m. The law firms running the claims have strong alignment of incentives. If the first claims settle between 18-24 months, investors will have a Multiple on Capital of up to 2.7x, with further potential increases if the claims take longer to resolve. This Investment Offer has an attractive risk reward profile, in our view, with an expected return of c 38.5% per annum, benefitting from a payout if the claims against any defendant are successful. If the claims are unsuccessful against all three defendants, investors are unlikely to recover any of their investment.

Limited partnership funding of £155,000 required to fund a claim of software and business theft, and unfair business competition. This Offer follows the £255,000 of funding provided in July 2021 via Offer ID 2754. The claim is supported by extensive electronic and CCTV evidence lodged with the police. The expert evidence has been obtained which strengthens the merits of the claim and supports the claim value for over €21 million. A detailed independent opinion by a senior lawyer identifies a strong basis to file the claim and a high probability of obtaining a favourable resolution. Our research indicates that the Defendants have sufficient resources to pay the damages. The lawyers running the case are experienced running this type of litigation and are highly incentivised to achieve a positive outcome. We estimate that investors will potentially have a Multiple of Capital of at least 1.9x increasing to 3.2x+ at trial. The trial is estimated to take place in mid-2025.