Unpaid litigation funder seeks to revive divorce dispute

Claimants should not be ‘forced’ to continue legal proceedings, the Court of Appeal has been told, in a case centred on a litigation lender’s loans to a wife involved in a divorce dispute.

Paul Simon and Lauren Simon were involved in family court proceedings. Mrs Simon used Integro Funding Limited, trading as Level, as a litigation lender.

A consent order, which was set aside, would have seen the wife receive a lump sum. A private financial dispute resolution hearing took place to which Level was not party. At the FDR, the pair reached an agreement in which the wife would be provided with a home during her lifetime through the husband’s trust. She would not receive anything which would enable her to pay Level.

Read the full article here: Law Gazette

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Financial Remedies Journal - 2023 Issue 2 | Summer