This is a general overview of Parabellum's litigation funding process. Although the process can vary from case to case, the following provides the basic steps from initial contact through funding and beyond.
1. INITIAL CONTACT
To initiate the process, give us a call or send us an email as follows:
- For general inquiries, email info@parabellumcap.com or call 212-726-2640
- For commercial claims, contact Dai Wai Chin Feman at daiwai@parabellumcap.com or 212-726-2648
- For intellectual property claims, contact Sean Thompson at sthompson@parabellumcap.com or 212-726-2644
- For bankruptcy or special situations claims, contact Jarvis Buckman at jbuckman@parabellumcap.com or 212-204-7912
2. CONFIDENTIALITY AGREEMENT
The next step is to sign a standard non-disclosure agreement.
3. PRELIMINARY ASSESSMENT
Once the NDA is signed, we will schedule a call to discuss your claims. On that call, we will cover a number of basic topics to help evaluate whether your claim meets our investment criteria. While each assessment varies case by case, the basic topics we will cover are listed here for commercial claims, and here for patent claims.
Following the call, we may review non-privileged information you provide to help us assess your claim. We may also schedule follow-up calls, as well as request to speak with your attorney (if you have retained one).
4. NON-BINDING TERM SHEET
Provided our preliminary assessment indicates that your claim will meet our investment criteria, we will negotiate a non-binding term sheet. Although due diligence will still need to be completed (see below), we must reach a common understanding on the economics of our funding arrangement so that we proceed on the same page.
5. DUE DILIGENCE
Once we have agreed on an economic framework, we will conduct "deep dive" due diligence. This typically includes the review of additional documentation, further discussions with you and other individuals relevant to the case, and other research.
6. DOCUMENTATION
After the completion of due diligence, we will formally document the transaction. The economics will typically mirror the term sheet, although it is possible that due diligence will necessitate some renegotiation.
7. FUNDING
Upon closing, we will fund your litigation pursuant to our agreement.
8. MONITORING
After your case is filed, we will monitor it based on material, non-privileged information. We are always available to your or your attorneys to discuss your case.
