The value of claims as assets for the business are often overlooked and meritorious claims abandoned for commercial or political reasons. The need for corporations and in-house counsel to derive maximum benefit from claims is, now, more critical than ever. 

The economic turmoil surrounding COVID-19 has led to a sharp increase in demand for liquidity, whilst further straining corporate and litigation budgets with the accompanying need to minimize legal costs and manage cash flow. Faced with these constraints, corporations are often abandoning or postponing the pursuit of valuable claims as they, at the same time, continue to search for innovative ways to extract more value from their operations at all levels and across all functions. Finally, the value and liquidity in those claims may be much quicker and easier to access now than it has been in previous years. 

Novel financial products are emerging to help litigants finance their legal costs, or even monetize or collateralize their claims, and gain quick and easy access to the trapped value in their claims, including those inherited in the course of M&A transactions. In some cases, these products can transform legal departments into profit centers by generating immediate cash and liquidity in addition to reducing the financial strain and downside risk of litigation. 

Our webinar on March 4th discussed alternative funding and liquidity solutions available in the market. To view a recording of the webinar, please click here.

The panel consisted of: 

• Poupak Anjomshoaa (Partner, Baker Botts - London)
• Philip Punwar (Partner, Baker Botts - Dubai)
• Vern Cassin (Partner, Baker Botts - Washington D.C. / New York)
• Dustin Appel (Senior Associate, Baker Botts - Houston)
• Gabriel Olearnik (Managing Director, Western Europe, Delta Capital Partners) 

ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.