Litigation funding and MCT: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: The Treasurer, 40 Years Edition 2019, May 2019, p45 & ALF webpage http://associationoflitigationfunders.com/litigation-finance/)
 
imported>Doug Williamson
(Update to remove designatory letters reference.)
 
Line 1: Line 1:
''Law.''
Member of the Association of Corporate Treasurers.


Litigation funding is where a third party provides the financial resources to enable litigation or arbitration cases to proceed.  
The MCT Advanced Diploma is the full membership qualification for the ACT.


The litigant obtains all or part of the financing to cover its legal costs from a private commercial litigation funder, who has no direct interest in the proceedings.
The MCT qualification is designed to make a strategic impact on your career, for your company and in your thinking, as the leading senior level professional qualification in treasury, risk management and corporate finance.  
 
 
In return, if the case is won, the funder receives an agreed share of the proceeds of the claim.
 
If the case is unsuccessful, the funder loses its money and nothing is owed by the litigant.




== See also ==
== See also ==
* [[Adverse costs award]]
* [[AMCT]]
* [[Arbitration]]
* [[Association of Corporate Treasurers]]
* [[Litigant]]
* [[CertICM]]
* [[Litigation]]
* [[Certificate in Treasury Fundamentals]]
* [[Certificate in Treasury]]
* [[Diploma in Treasury Management]]
* [[FCT]]
* [[TMA]]
* [[Suggested solution]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Ethics]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Revision as of 06:58, 2 May 2016

Member of the Association of Corporate Treasurers.

The MCT Advanced Diploma is the full membership qualification for the ACT.

The MCT qualification is designed to make a strategic impact on your career, for your company and in your thinking, as the leading senior level professional qualification in treasury, risk management and corporate finance.


See also