What do the Tapie-Crédit Lyonnais affair have in common, the one that pitted the energy giant Vattenfall against Germany or even the judicial saga Yukos?
These disputes all went to a court of arbitration, dispute resolution bodies commonly used in commercial disputes, but very expensive.
As a result, many cannot access it.
It is to remedy these situations that the funding of trials has developed.
This system consists of having part or all of the costs of a legal action borne by a third party.
In return, the latter is reimbursed by deducting a percentage of the indemnities paid to the part financed.
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Following an abusive breach of contract, a company suffered a loss of 10 million, but the costs to be incurred to go to justice amounted to 1.2 million euros.
Unable to pay on her own, she turned to a lawsuit finance company to fight on an equal footing
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