Pretium Ligigation Funding
Pretium Funding is a leading, national litigation funder focusing exclusively on the insolvency industry and specialising in smaller claims.
Our unique funding offering provides the following advantages
Pretium provides indemnification against adverse or security for costs orders.
Pretium pays for a range of expenses and costs including, for example, court fees, transcript costs and Counsel costs.
Complete Removal of Risk
A bank guarantee is provided in support of the indemnity given and in satisfaction of a security for costs obligation.
Subject to having the prerequisite insolvency and litigation experience, you are free to use the lawyer of your choice (subject to our approval).
Day to day management of a matter rests with the Liquidator / Trustee and their lawyers. Control of the proceeding, including any negotiated settlement is done so without our direct involvement.
Once a funding arrangement has been entered we ask that matters progress smoothly and that proceedings be issued without delay and that we be kept abreast of the matter.
MEET KOVI PANETH
Kovi Paneth is the founder and Managing Director of Pretium Funding, having started the business in 2006 when he noticed the lack of access available to Insolvency practitioners trying to pursue smaller claims.
Drawing on many years of experience in the banking and finance industry, Kovi is responsible for day-to-day management at Pretium, utilising his commercial acumen and industry knowledge to help clients and lawyers maximise returns.
Having worked with Liquidators and Trustees exclusively for over a decade, Kovi is finely attuned to addressing their needs and assisting to bring about the best possible outcomes for IP’s and ultimately creditors.