Due Diligence Saves Lives, and Livelihoods

Have you ever sat in the departure lounge and stared out of the window at the incredible activity? There’s an entire world on the other side of that window, focused on making sure that people can engage in one of the most dangerous activities in the world: hurtling at 900km/h, 36 000 feet up in […]

greenparkgroup-admin | April 22, 2022

Have you ever sat in the departure lounge and stared out of the window at the incredible activity? There’s an entire world on the other side of that window, focused on making sure that people can engage in one of the most dangerous activities in the world: hurtling at 900km/h, 36 000 feet up in the air.

Thanks to these people, most of us don’t even consider this activity dangerous; in fact, we consider it a normal part of life.

A plane will not be cleared for flight unless due diligence has been done. Hundreds of people need to check off all the boxes for a safe flight. This due diligence is essential to saving lives; no other form of transportation is scrutinised, investigated and monitored as much as commercial aviation.

Over the last two decades, survivability has been over 95% on commercial flights, and research has found that it’s almost 20 times safer than driving a car.

But aviation is not the only industry where due diligence is essential for legal compliance and professional accreditation. From extensive medical tests performed before invasive surgery or complex procedures that save lives to our own financial services industry that looks to protect and preserve livelihoods, due diligence is not only a sign of professionalism, it’s a sign of ethical responsibility.

Investing is often likened to gambling, but when done correctly, it couldn’t be further from the hit-or-miss (and sometimes rigged in the house’s favour) entertainment value of gambling. This is what makes due diligence so crucial for investment opportunities. Whilst we acknowledge we can never have a 100% success (survivability) rate, we can mitigate risk by doing copious amounts of research.

When it comes to litigation finance, the cases we choose are never considered long-shots. A standard element of the framework for due diligence conducted on our litigation finance disputes is that cases must have a 65% chance (or higher) of resulting in a favourable ruling or settlement.

Some of the boxes in this extensive process can include things like securing a thorough knowledge of the basic facts of the case and legal arguments, and details about jurisdiction, judge, counsel, case timeline, budget, and expected damages. While each case is considered on its own merits, we would also consider regulatory due diligence, track record (of the judge, similar cases and opposition counsel), and may consult outside experts where necessary.

One of the attractive traits of litigation finance is that a winning case isn’t just about securing the livelihoods of our investors; it’s also about ensuring a higher potential of a win for the defendant who will benefit from the financial support to see the case through to completion.

Our goal is to create win-win outcomes where both legal, financial and ethical standards are upheld to the highest bar. This places litigation finances in a unique position to add strength and diversity to your investment portfolio.

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