The Company
Litigation Lending Services has been operating since 1999 when it was set up in Sydney by the current Managing Director, Michelle Silvers.
Litigation Lending Services has experienced considerable growth over the past 9 years and now has a national presence. The Company has proved to be one of Australia's most successful and longest-established national commercial litigation funding operations, with a strong track record and excellent client offering.
In 2008, business identity Shaun Bonett and associated interests took a 70% stake in the management company of Litigation Lending Services, with the property industry figure joining the Litigation Lending Services' board as Chairman. The investment by Mr Bonett is a strong vote of confidence in the Company's standing in the litigation funding market.
Litigation Lending Services' traditional focus has been the provision of litigation funding for insolvency market actions typically ranging from claims of between $200,000 and $10 million, however, with greater financial strength following Mr Bonett's investment, coupled with the modernisation of legislation and recent Court decisions, the company has extended their services beyond insolvency to general commercial litigation, class actions and representative proceedings.