Our experts have contributed to the publication of a Q&A paper about Litigation Funding in Luxembourg together with Nivalion AG. The guide offers a side-by-side comparison of local insights, including regulation and regulators, funders’ rights, conditional and contingency fee agreements, and recent trends. Look at the chapters below, which are fully investigated in the guide
REGULATION
Overview
Restrictions on funding fees
Specific rules for litigation funding
Legal advice
Regulators
FUNDERS' RIGHTS
Choice of counsel
Participation in proceedings
Veto of settlements
Termination of funding
Other permitted activities
CONDITIONAL FEES AND OTHER FUNDING OPTIONS
Conditional fees
Other funding options
JUDGMENT, APPEAL AND ENFORCEMENT
Time frame for first-instance decisions
Time frame for appeals
Enforcement
COLLECTIVE ACTIONS
Funding of collective actions
COSTS AND INSURANCE
Award of costs
Liability for costs
Security for costs
Insurance
DISCLOSURE AND PRIVILEGE
Disclosure of funding
Privileged communications
DISPUTES AND OTHER ISSUES
Disputes with funders
UPDATE AND TRENDS
Current developments
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