SOTPAY is the first litigation financing service in Kazakhstan
Litigation financing is a service in which a third party (investor) finances the plaintiff's legal costs by receiving a percentage of the compensation awarded to the plaintiff. In case of loss, the investment is not returned.
What opportunities does litigation financing provide?
For plaintiffs - access to justice - investments cover the costs associated with the trial. At the same time, there are no costs or risks - in case of loss, the investment is not returned.
Lawyers have the opportunity to take on interesting cases and are guaranteed to receive a decent remuneration.
Investors can invest in promising businesses and receive up to 40% of the winnings. The profitability of such investments is from 30% per annum.
SOTPAY also attracts investments and finds lawyers to conduct socially significant cases and class actions, the main goal of which is to defend and protect the rights and interests of a group of people.
We believe that everyone deserves justice, not just those who can afford it!
For plaintiffs - access to justice - investments cover the costs associated with the trial. At the same time, there are no costs or risks - in case of loss, the investment is not returned.
Lawyers have the opportunity to take on interesting cases and are guaranteed to receive a decent remuneration.
Investors can invest in promising businesses and receive up to 40% of the winnings. The profitability of such investments is from 30% per annum.
SOTPAY also attracts investments and finds lawyers to conduct socially significant cases and class actions, the main goal of which is to defend and protect the rights and interests of a group of people.
We believe that everyone deserves justice, not just those who can afford it!
How does litigation finance work?
The institution of litigation funding by third parties finally took hold in the West during the previous recession.
The idea behind litigation finance is simple. The investor bears the plaintiff's costs for the trial; if the case is successful, he receives a percentage of the compensation awarded to the plaintiff. The plaintiff does not bear the costs of the trial - all costs are covered by the investor.
In case of victory in court, the investor receives a pre-agreed percentage of the amount recovered. In case of loss, the client does not have to return the money to the investor. Typically, the participation of an investor strengthens the plaintiff’s position in court and makes it possible to confront a financially strong defendant in long-term legal disputes.
The idea behind litigation finance is simple. The investor bears the plaintiff's costs for the trial; if the case is successful, he receives a percentage of the compensation awarded to the plaintiff. The plaintiff does not bear the costs of the trial - all costs are covered by the investor.
In case of victory in court, the investor receives a pre-agreed percentage of the amount recovered. In case of loss, the client does not have to return the money to the investor. Typically, the participation of an investor strengthens the plaintiff’s position in court and makes it possible to confront a financially strong defendant in long-term legal disputes.
SOTPAY can help to
reduce the costs of the company's legal departments
Through non-recourse litigation financing
(non-recourse funding) companies can concentrate financial resources on investment and company growth, rather than on litigation
(non-recourse funding) companies can concentrate financial resources on investment and company growth, rather than on litigation
don’t give up on potentially successful projects
The company is able to submit requirements that would otherwise not be considered due to budget constraints
Remove risks
The risks of litigation are transferred from the business to the litigation investor.
Let's win together
Leave a request for financing of your legal process
Our contacts
Phone: +7 778 144 42 04