Gearóid Ó Ceallaigh has been involved in investment for over thirty years and in third party litigation funding since the days of its early development in London.
He offers to source funding for fresh commercial litigation & ADR cases, where the defendant is clearly creditworthy, where the claimants case is clearly meritorious, where the claim value to cost ratio is in the order of 10:1 or greater and where the costs are realistic.
Working with SMEs, insolvency practitioners and lawyers Gearóid Ó Ceallaigh advises on strategies as to how to unlock the contingent asset value of prospective proceedings. Whether the prospective claim involves a single claimant or a multi-party action seeking collective redress, he sources funding from private investors and family offices for large and complicated claims, as decision making is accelerated. He can also obtain, through a network of specialist litigation funders, brokers and insurers, litigation or ADR funding and ATE (after the event) insurance that protects against potential adverse costs in the event of an unsuccessful claim.
Having the possibility of available funding for the liquidator, who wishes to pursue a claim in place of a company, means that an undervalued asset can be developed, which may be monetised or assignable.
Having an offer of funding and ATE insurance for the SME or individual, whether acting as a single claimant or within a group action where multiple parties are claimants, mitigates against financial burden and risk. It also clearly demonstrates that a third party has such confidence in the merits of the claim that it is willing to invest in it. Claims that are developed may be transferred from being contingent liabilities into contingent assets.
His relationships are based on integrity, trust and experience.
Email:g@oceallaigh.ie