Capital deployed. Control preserved.
Representative matters illustrating how Recourse Capital has helped Canadian companies and law firms pursue meritorious claims. Details are illustrative and anonymized to protect client confidentiality.
Preserving Operating Capital
- Client
- Industrial engineering company
- Dispute
- AAA arbitration over supplier professional malpractice
- Funding
- $2.5M in fees and expenses
Challenge
The company faced a high-value, multi-year dispute that was damaging its reputation and cash flow. It needed to preserve operating capital for day-to-day business rather than redirecting it to legal fees.
Solution
Recourse Capital provided non-recourse funding covering all arbitration-related fees and expenses. The company retained full control of the arbitration strategy and settlement authority.
Impact
The company pursued a critical recovery at no cost, preserving cash flow for operations while the arbitration proceeded.
Class Action Adverse Costs Protection
- Client
- Representative plaintiff, privacy class action
- Dispute
- Breach of privacy against major telecommunications provider
- Funding
- Costs indemnity up to $5M
Challenge
Ontario’s loser-pays costs regime exposed the representative plaintiff to potentially catastrophic adverse costs awards, creating a barrier to pursuing a meritorious claim on behalf of thousands of consumers.
Solution
Recourse Capital provided a costs indemnity and disbursement funding. The agreement was structured to satisfy Ontario’s Class Proceedings Act, section 33.1, and was submitted for court approval.
Impact
The class action proceeded with the representative plaintiff fully protected against adverse costs, enabling access to justice for the class members.
Claim Monetization
- Client
- Publicly traded technology company
- Dispute
- Opt-out antitrust claim
- Funding
- $15M monetization advance
Challenge
The company had a large, meritorious antitrust claim but was under quarterly earnings pressure. Management needed to improve liquidity without settling prematurely.
Solution
Recourse Capital advanced $15 million against the expected recovery from the opt-out claim. The capital was non-recourse and did not appear as debt on the balance sheet.
Impact
Immediate cash infusion improved quarterly liquidity. The company retained full control of the litigation and pursued the claim to its optimal resolution.
Judgment Enforcement
- Client
- Oil and gas executive
- Dispute
- Contract judgment against well-heeled defendant
- Funding
- $4M in enforcement costs
Challenge
The plaintiff won a significant verdict, but the defendant used multi-jurisdictional structuring to avoid payment while continuing to live conspicuously.
Solution
Recourse Capital funded the legal and investigative costs of enforcement proceedings across multiple jurisdictions, tracing assets and securing freezing orders.
Impact
Sustained enforcement pressure resulted in near-total recovery for the plaintiff.
Your matter could be next
If you hold a high-value claim, judgment, or arbitration award, we can structure capital around it without adding debt or ceding control.