Revolutionizing Dispute Resolution
At PROFIN, we empower law firms, businesses, and consumers with cutting-edge legal risk transfer solutions. Setting a new standard of innovation in litigation finance, we revolutionize the way legal disputes are resolved.
Claim Your Right
PROFIN aims to democratize access to justice by providing financial resources that level the playing field. Whether you’re a law firm, a business facing litigation, or an individual seeking justice, our innovative solutions ensure you can pursue your case without financial strain.
Litigation Funding: For Consumers
Litigation Funding: For Investors
Litigation Funding: For Law Firms
Partnering with PROFIN for litigation funding empowers law firms to mitigate financial risks, take on more complex cases, attract clients and support expansion, and facilitate portfolio diversification, bolstering their competitive edge in the legal sector.
Litigation Funding: For Businesses
Achievements
PROFIN has been able to accomplish remarkable results
Filed Claims
in claim value, currently pending in court.
Our Cases
As a leading litigation funder, PROFIN specializes in financing the effective enforcement of rights for affected consumers and businesses.
Emissions
Affected individuals can claim compensation due to the deliberate deception of consumers involved in the violations.
On March 21, 2023, the European Court of Justice (ECJ) ruled that diesel manufacturers can be held liable for negligent actions even without fraudulent intent. Victims have several options available:
- Contest the purchase contract
- Withdraw from the contract
- Request a refund or price reduction
- Demand repair or replacement
- Claim compensation
Truck Cartel
If you purchased trucks between 1998 and 2013, you are likely affected by the truck cartel.
By utilizing our experienced team of lawyers and smart legal tech solutions, we ensure the efficient and promising handling of your compensation claims. We finance individual lawsuits for customers with 150+ affected trucks or small group lawsuits with a maximum of 50 plaintiffs. This guarantees a swift process and individual legal support.
Life Insurance
If you purchased a life insurance policy in Germany between July 29, 1994, and December 31, 2007, you might have a lucrative opportunity to rescind your policy.
Many policyholders were not properly informed about their rights, opening the door for potential financial recovery.
Key Benefits of Rescinding Your Life Insurance Policy:
- Unlock Significant Value: Reclaim your paid premiums plus interest, often resulting in a payout greater than the policy's surrender value.
- Leverage Legal Expertise: With litigation funding, you can pursue this opportunity without the upfront costs.
- Increase Your Chances of Success: Our funding and legal support can enhance your likelihood of a favorable outcome.
- No Financial Risk: Litigation funding means you only pay if your claim is successful, making it a risk-free option for pursuing your rights.
- Take advantage of this unique chance to maximize your financial recovery with the support of our litigation funding services.
Online Gambling
Litigation Finance for Recovering Bets on Illegal Online Gambling
Until mid-2020, online sports betting was prohibited in Germany, preventing providers like Tipico, Bwin, and Bet 365 from operating legally. Similarly, online casinos were largely banned until June 30, 2021. Since July 1, 2021, these services are only permitted with a national license.
If you have lost bets on illegal online sports betting or casino sites, you can reclaim them with the help of PROFIN’s specialized litigation services.
Meet the Team
At Profin, we pride ourselves on the expertise and dedication of our diverse group of professionals.
Unlocking Value: Maximizing Claim Monetization
Litigation funding can transform your legal claims into valuable assets. PROFIN provides tailored financial support for legal expenses, empowering individuals, businesses and law firms to pursue justice without financial constraints.
Accelerate Your Success with Innovative Portfolio Financing Solutions
Law firms choose PROFIN for portfolio financing to tackle larger cases, manage financial risk effectively, and enhance their litigation capabilities with expert backing and resources.
Single-Case Empowerment through Funding
Expert Guidance
Partner with PROFIN seasoned finance and legal professionals who will navigate you through every legal challenge with confidence.
Unlock Your Right
Timely Results
Your Path to Financial Excellence
At PROFIN, our expert legal and finance team combines advanced technology and data analytics with a proven track record in providing diverse legal finance solutions. From small cases to billion-dollar antitrust disputes, we offer tailored funding options that meet every client’s needs.
Experience the PROFIN difference with our innovative legal-tech solutions providing case settlement insights, comprehensive case management, and transparent investor reporting. At PROFIN, we are transforming the landscape of dispute resolution.
Frequently Asked Questions
Litigation funding is a legal financial service provided by PROFIN, that supports individuals, businesses, and law firms in managing the costs associated with legal disputes.
Whether for out-of-court settlements or courtroom proceedings, our service involves supplying financial resources to plaintiffs, alleviating the burden of legal expenses.
PROFIN, acting as a third-party funder, shares in the settlement or judgment proceeds upon case success. This arrangement allows clients to pursue justice without upfront financial strain.
Our funding options cater to a variety of needs, empowering companies to handle legal expenses in complex or high-risk cases and enabling lawyers to offer flexible payment arrangements to clients or tackle more substantial cases without assuming financial risk.
Each case undergoes a rigorous evaluation by our experienced legal and financial team to determine its viability, leading to customized funding solutions that align with our clients’ specific requirements.
Our approach emphasizes transparency, trust, and close collaboration to ensure clients receive comprehensive support and achieve their legal objectives effectively.
At PROFIN, we offer our clients and partners, including businesses and law firms, several key benefits:
1. No Financial Risks: As a claimant, you bear no financial risk. We cover all legal costs, including attorney fees and court expenses. In the event of a loss, we absorb the costs.
2. Access to Justice: We enable you to access justice regardless of your financial situation. You can pursue your claims without worrying about the cost of litigation.
3. Focus on the Case: With us handling the financial burden, you can fully focus on the substantive aspects of your case.
4. Increased Success Chances: We conduct a thorough evaluation to assess your case’s chances of success. Our support and financial security increase your chances of a favorable outcome.
5. Flexibility and Tailored Solutions: We offer flexible funding models that meet your individual needs and the specific requirements of your case, ensuring you receive the best possible support.
6. A Trustworthy Partnership: Our service is based on trust and transparency. We keep you informed about your case’s progress and are available for questions and concerns.
These advantages make litigation funding an effective way to pursue your legal claims without bearing the financial risk and burden of litigation.
PROFIN specializes in litigation funding, catering to individuals, businesses, and law firms. Below are the steps involved in our process:
1. Case Evaluation: First, you submit your case to us. We at PROFIN assess the prospects of your legal dispute, the claim value, the evidence, and the legal basis. This evaluation is usually free of charge.
2. Funding Offer: If we find the case promising, we will make you a funding offer. This offer includes the terms of the funding, including the percentage of the amount recovered that we will receive in the event of success.
3. Contract Signing: If you accept our offer, we will sign a funding agreement. This contract stipulates that PROFIN will cover the legal costs, including attorney and court fees as well as any expert and assessor costs.
4. Cost Coverage: Once the contract is signed, we take over the costs of the legal dispute. You do not need to make any advance payments or take on any financial risks.
5. Litigation Management: Your lawyer will handle the legal dispute in close cooperation with us. PROFIN ensures that all necessary resources are available to manage the case effectively.
6. Settlement or Judgment: If the case is successfully concluded, either through a judgment or a settlement, we receive the agreed-upon percentage of the recovered amount. The remaining amount is paid out to you.
7. Case Loss: If the legal dispute is lost, PROFIN bears all incurred costs. You are not obliged to reimburse us.
In summary, litigation funding at PROFIN provides a way to pursue your legal claims without bearing the financial risks and burdens of litigation. We cover the costs and risks, allowing you to focus on the substantive success of your case.
As a provider of litigation funding, PROFIN typically charges a percentage of the amount recovered through the legal dispute. This percentage usually ranges from 20% to 50%, depending on various factors.
Some factors that influence the costs include:
1. Case Complexity: The more complex the case, the higher the costs may be.
2. Claim Value: For higher claim values, our percentage share may be lower.
3. Success Prospects: For highly promising cases, we might be willing to accept a lower percentage.
4. Duration of Proceedings: Longer proceedings may incur higher funding costs.
PROFIN evaluates each case individually and offers tailored solutions to ensure that our clients receive the best possible terms.