Taurus Capital | Litigation Finance

Third-party litigation funding

Taurus Capital is a leading South African financier, focused on funding commercial litigation.

Taurus Capital is a leading South African financier focused on law.

Litigation funding is a finance solution whereby a litigant with a meritorious claim funds the litigation through a third party funder on a non-recourse, risk, basis in return for an agreed share of the proceeds, if successful. Here are a few reasons why you should consider funding your case:

Free up working capital

Legal fees are a significant and unforeseen drain on a litigant's working capital and cash flow. We help by providing funding for with all case expenses and offer tailor made risk sharing solutions to our clients for their matter.
Empowering lawyers

Litigation funding empowers lawyers. It allows a legal team to focus on the matter and not be distracted by issues pertaining to costs. Such funding enables attorneys to litigate cases that were unable to proceed due to funding concerns.
Legal finance specialists

Our team consists of retired senior counsel and experienced business people with decades of experience in law and commerce. Our legal risk and investment committees work in tandem to offer a subjective analysis of your claim and its prospects.
Committed capital

Coupled with an established track record, Taurus Capital is supported by an investment consortium that has access to millions of Rands in committed funding capital aiming to fund litigation to its conclusion.

Benefits of funding your case

Litigation funding protects your working capital and cash-flow from being drained by your case.

Our funding is non-recourse - if you lose your case, you do not owe us any repayment of funds disbursed on your behalf.
Our funding provides equality of arms to combat opponents seeking to outspend you in litigation.
Our funding solution can provide for partial funding of legal fees which allows clients to hedge off a portion of costs and risks in their matter.
We provide a fresh and subjective risk analysis of your case - we conduct our own due diligence and we may also confirm our internal analysis with our network of legal experts.

Mitigate or eliminate the costs and risks in your case.

Who we are

Taurus Capital holds both a legal risk and investment committee. Each claim is analysed by both teams, with the result being the alignment of interests in the pursuit of a claim.

Legal risk
committee

Taurus' legal risk committee is made up of retired senior counsel who have decades of experience and knowledge in commercial litigation. This committee examines the claim and provides a comprehensive subjective opinion as to prospects of success on the legal merits.

Investment
committee

The investment committee is made up of experienced business people and investors who examine the meta-factors outside of a case's legal merits to determine the further commercial risks in the claim. These two teams work together to determine if a claim is meritorious and capable of being funded.

FAQs

Taurus Capital aids litigation as a third party litigation funder providing funding, support, and several other value-added benefits to both clients and lawyers which maximise a matter's prospects of success, and recovery.

HOW DOES THE FINANCE PROCESS WORK?
- Claim Assessment and Funding Agreement
  - A client together with his attorney (if one has been appointed) submit a funding application and case summary to Taurus for consideration.
  - If the claim shows merit, Taurus will express its interest in funding the matter and both the legal risk and investment committees will conduct a further high-level assessment and examination of matter.
  - If the further assessment is positive, a funding agreement will be entered into between Taurus and the client.
  Monitoring and reporting
HOW DOES FUNDING BENEFIT ATTORNEYS?
- Litigation Funding provides attorneys with an opportunity to proceed with cases they ordinarily would not had due to lack of funding.
  
  It allows attorneys to focus on their expertise and not be distracted by costs and fees in a matter.
  
  Additionally, it provides the attorneys with a predictable cash flow in the matter.
IS LITIGATION FINANCE LAWFUL?
- Yes, litigation finance was declared lawful, and desirable, in 2004 by the Supreme Court of Appeal in Price Waterhouse Coopers Inc and Others v National Potato Co-operative Ltd.
DO I NEED A LAWYER BEFORE I CONTACT TAURUS?
- No, clients are free to contact Taurus before approaching an attorney in a matter.
  
  At the clients request Taurus will then endeavor to pair the client with the best suited legal representatives for the matter.
  
  If a client has already appointed an attorney, Taurus will fund a client with his chosen legal representatives provided that they have the necessary expertise that contribute toward the favorable prospects of success in the matter.
HOW DO I APPLY FOR FUNDING?
- A client or his attorney should contact team@tauruscapital.co.za.