Saturday, December 26, 2015

What Happens After I Pledge To Invest In A Lawsuit?

What happens when I pledge to invest in a lawsuit on Invest4Justice?


When you pledge to invest in a lawsuit, no credit card or other financial information is required. Rather, you are making a pledge to invest in the case if 100% of the amounts required to fund the dispute are pledged. The procedure is somewhat similar to an IPO, with Invest4Justice playing the role of the underwriter, offering stakes in a lawsuit that may or may not be fully subscribed.


After you pledge to invest in a lawsuit, you will immediately obtain a certificate via email proving your pledge to invest in the case, which looks like this:


invest in a lawsuit


If 100% of the amount required for the case is pledged by investors, then you will be contacted by Invest4Justice’s staff, which will ask you to sign an electronic litigation funding agreement, after which you will make your investment to an escrow account for the lawsuit via wire transfer. Once funds have been pooled, Invest4Justice will transfer the full amount required for the lawsuit to the lawyer leading the case in a single, lump sum, payment.


You will then be invited to the private online legal team of the litigant involved in the case, where you will receive monthly updates concerning case progress. You may also receive these updates via email, which is the default option.


Once the case ends, via settlement or a final ruling, you will be paid the amounts to which you are entitled by the litigant in one week, with Invest4Justice overseeing the process of payment.


To date, no dispute has arisen concerning Invest4Justice, investing in a lawsuit, or the payment of compensation, but if there is a dispute then it is to be resolved through expedited proceedings by a sole arbitrator, pursuant to the terms of the electronic litigation funding agreement that is signed by all investors and the litigant.


In short, investors pledge to invest in a lawsuit for free, pay only if the full amount required is secured, then kick back and wait to receive their compensation, which can often be many times the amount invested. Simple, isn’t it?


 



What Happens After I Pledge To Invest In A Lawsuit? #InvestInALawsuit

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