Ph: + 64 9 367 7719
Fax: +64 9 367 7712
Level 3, 70 Shortland Street, Auckland
PO Box 1177, AUCKLAND 1140
“My experience of working with LPF has been a positive one. The key people are commercially astute and supportive when required. LPF has the ability to provide a very useful service to clients who need funding to pursue worthwhile claims. Being fully funded certainly enhances the prospect of success.”
"As a partner in a specialist Wellington litigation firm, I was approached by a liquidator to act as an instructing solicitor on a large insolvency case involving a claim against directors, valuers and auditors. This commercial case is potentially one of the largest insolvency claims being run in New Zealand at the moment.
LPF’s involvement and its financial backing has been instrumental in ensuring that the right team could be assembled to run the claim and to ensure that the resources are available against a large number of defendants and to tackle the complex legal issues in the case. It is reassuring to know that we have the right team and that bills will be paid.
I make the obvious point that the claim could not have got off the ground without LPF’s financial assistance. Their funding is providing the opportunity for creditors to have a prospect of a recovery of their losses that would simply have been lost without the availability of litigation funding from LPF.
It is my view that LPF is adding a huge amount of further value to claim beyond just money. As well as providing advice on potential appropriate experts and the like, the commercial and legal expertise within LPF means that it can provide vital complementary perspectives to those which can be provided by a traditional litigation team of instructing solicitors and leading counsel. The LPF team are judicious commercial operators and a pleasure to work with. The presence of Bill Wilson QC adds an additional layer of legal reassurance and a valuable cross check of the strategic directions being taken.
I would have no hesitation in agreeing to work on another claim with LPF as the litigation funder."
“LPF Group was introduced to our Body Corporate in June 2012, 18 months into a three year claim in the Christchurch High Court. Our Body Corporate of 42 owners had brought proceedings in relation to weather tightness and design deficiency claims had this was further complicated by damage that occurred during the 22nd February 2011 earthquake and subsequent aftershocks which meant we also had additional claims in relation to the earthquake damage our complex suffered. This meant that our claim was technically challenging and hard fought by multiple defendants.
Many of our owners were struggling financially to meet the costs of the experts required to prove the damage and the legal costs of the case and we needed funding support.
LPF Group immediately impressed us with their sound knowledge of Body Corporate governance, Unit Titles Act, property law, property related insurance and financial matters and the litigation process generally. They showed a great deal of flexibility and initiative in dealing with our special needs and tailored a funding package that suited our particular set of owners.
Our stressful situation was made much more manageable with LPF's continuous engagement and input to our committee, evidential experts and legal team.
Our claims settlement in the week before trial in October 2013 was greatly assisted through the funding and support provided by LPF Group. This support meant we could utilise the very best technical experts and lawyers. LPF assisted in committee decisions right to the end, making themselves available to our legal team, chairperson and committee, sometimes well outside business hours.
We all feel we achieved the best possible result in the circumstances and I have no hesitation in recommending LPF Group to New Zealand Body Corporates in particular and plaintiffs generally that needing litigation funding.”