Ƶ

Litigation Financing Agreement for New Zealand

Litigation Financing Agreement Template for New Zealand

A comprehensive agreement governed by New Zealand law that establishes the terms and conditions under which a litigation funder provides financial support for legal proceedings. The document details funding commitments, return structures, control mechanisms, and risk allocation between the funder and funded party, while adhering to New Zealand's common law principles and relevant statutory requirements. It includes specific provisions for management of litigation, settlement procedures, confidentiality obligations, and distribution of proceeds, tailored to comply with New Zealand court rules and practices regarding litigation funding arrangements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Litigation Financing Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Litigation Financing Agreement?

The Litigation Financing Agreement serves as a crucial document in New Zealand's legal landscape, providing a framework for third-party funding of legal proceedings where claimants may lack the financial resources to pursue legitimate claims. This agreement type has become increasingly important as litigation funding has gained acceptance in New Zealand courts, particularly in commercial disputes and class actions. While New Zealand doesn't have specific legislation governing litigation funding, the agreement must comply with common law principles, civil procedure rules, and relevant commercial legislation. The document typically covers funding commitments, investment returns, control over litigation decisions, confidentiality, and proceeds distribution. It's essential for enabling access to justice while ensuring appropriate risk management and commercial returns for funders.

What sections should be included in a Litigation Financing Agreement?

1. Parties: Identification of the Funder and the Funded Party, including full legal names and addresses

2. Background: Context of the underlying litigation and purpose of the funding arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Funding Commitment: Details of the funding amount, drawdown conditions, and funding limits

5. Investment Return: Structure of the return to be paid to the funder, including calculation methods and priorities

6. Conditions Precedent: Conditions that must be satisfied before the funding obligation becomes effective

7. Representations and Warranties: Key statements of fact and assurances from both parties

8. Conduct of Proceedings: Rights and obligations regarding the management of the litigation

9. Settlement and Award: Process for settlement decisions and distribution of proceeds

10. Termination: Circumstances under which the agreement can be terminated and consequences

11. Confidentiality: Obligations regarding confidential information and public communications

12. Conflicts of Interest: Management of potential conflicts between parties

13. Dispute Resolution: Process for resolving disputes under the funding agreement

14. General Provisions: Standard contractual provisions including governing law, notices, and amendments

What sections are optional to include in a Litigation Financing Agreement?

1. Multiple Party Provisions: Required when there are multiple funded parties or class actions

2. Security Arrangements: Used when specific security is required for the funding arrangement

3. Insurance Provisions: Required when adverse costs insurance is part of the arrangement

4. Cross-Border Provisions: Needed for litigation involving multiple jurisdictions

5. Project Management: Used for complex litigation requiring specific project management procedures

6. Third Party Rights: Required when rights are extended to third parties such as lawyers or experts

7. Regulatory Compliance: Added when specific regulatory requirements need to be addressed

8. Assignment and Syndication: Used when the funder may want to assign or syndicate their interest

What schedules should be included in a Litigation Financing Agreement?

1. Schedule 1: Budget and Funding Commitment: Detailed budget breakdown and funding commitment structure

2. Schedule 2: Investment Return Calculations: Detailed methodology for calculating the investment return

3. Schedule 3: Approved Legal Team: List of approved lawyers and experts

4. Schedule 4: Case Theory and Litigation Plan: Overview of the case strategy and litigation milestones

5. Schedule 5: Drawdown Procedures: Detailed procedures for accessing the funding

6. Schedule 6: Reporting Requirements: Specific reporting obligations and templates

7. Appendix A: Form of Drawdown Notice: Template for requesting funding drawdowns

8. Appendix B: Form of Progress Report: Template for regular progress reports

9. Appendix C: Conflicts Check Procedures: Detailed procedures for identifying and managing conflicts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Ƶ

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions
















































Clauses



































Relevant Industries

Financial Services

Insurance

Mining and Resources

Construction

Manufacturing

Healthcare

Technology

Retail and Consumer

Professional Services

Infrastructure

Energy

Real Estate

Environmental Services

Transportation and Logistics

Relevant Teams

Legal

Finance

Risk Management

Compliance

Commercial

Investment

Operations

Business Development

Project Management

Strategy

Relevant Roles

Legal Counsel

Chief Legal Officer

Litigation Manager

Chief Financial Officer

Risk Manager

Compliance Officer

Investment Manager

Portfolio Manager

Claims Manager

Commercial Director

General Counsel

Legal Operations Manager

Finance Director

Business Development Manager

Project Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Loan Letter Between Friends

A New Zealand-compliant document that formalizes a personal loan agreement between friends, including loan terms, repayment conditions, and legal safeguards.

find out more

Written Loan Agreement

A New Zealand-compliant agreement setting out the terms and conditions of a loan, including amount, interest, repayment terms, and parties' obligations.

find out more

Small Loan Contract

A New Zealand-compliant small loan agreement template that sets out terms, conditions, and obligations for both lender and borrower under NZ law.

find out more

Pro Forma Loan Agreement

New Zealand-compliant loan agreement template setting out terms for lending arrangements, suitable for both commercial and consumer lending scenarios.

find out more

Revolving Credit Contract

A New Zealand law-governed agreement establishing a revolving credit facility between a lender and borrower, compliant with CCCFA requirements.

find out more

Loan Car Form

A New Zealand-compliant legal form for temporary vehicle loans, establishing terms and conditions between vehicle providers and borrowers.

find out more

Loan Agreement With Interest

A New Zealand-governed agreement establishing terms for a loan with interest, including repayment conditions and statutory requirements.

find out more

Money Loan Agreement

A New Zealand-compliant agreement establishing terms and conditions for a monetary loan between a lender and borrower, including repayment terms and obligations.

find out more

Family Member Promissory Note

A New Zealand-compliant promissory note documenting loan terms between family members, including principal amount, interest, and repayment conditions.

find out more

Debt Consolidation Agreement

A New Zealand-compliant agreement for consolidating multiple debts into a single loan, including terms, conditions, and statutory disclosures.

find out more

Vendor Finance Loan Agreement

A New Zealand-compliant agreement enabling vendor-provided financing for purchase of goods or services, including loan terms and security arrangements.

find out more

Fixed Sum Loan Agreement Early Settlement

New Zealand-governed fixed-sum loan agreement with early settlement provisions, compliant with CCCFA requirements.

find out more

Acknowledgement Of Debt Agreement

A New Zealand-compliant legal document where a debtor formally acknowledges their debt obligation and agrees to specific repayment terms.

find out more

Mortgage Spreader Agreement

A New Zealand legal document that extends an existing mortgage security to cover additional properties, compliant with NZ property law requirements.

find out more

Debt Payment Agreement

A New Zealand-compliant agreement that formalizes debt repayment terms between a creditor and debtor, including payment schedule, interest rates, and default provisions.

find out more

Loan Repayment Contract

A New Zealand-compliant agreement setting out terms and conditions for loan repayment between lender and borrower, including payment schedules and obligations.

find out more

Discounted Payoff Agreement

A New Zealand law-governed agreement that documents the settlement of an outstanding debt for a reduced amount, specifying payment terms and discharge conditions.

find out more

Overagreement

A New Zealand law-governed master agreement that establishes overarching terms for multiple underlying agreements between parties.

find out more

Litigation Financing Agreement

A New Zealand-governed agreement establishing terms for third-party funding of legal proceedings, including funding commitments, returns, and risk allocation.

find out more

Promise Note

A legally binding financial document under New Zealand law containing an unconditional promise to pay a specified sum of money to a designated party.

find out more

Peer To Peer Lending Contract

A New Zealand-compliant agreement establishing terms and conditions for peer-to-peer lending arrangements between lenders, borrowers, and P2P platforms.

find out more

Debt Agreement Contract

A New Zealand-compliant agreement establishing terms and conditions for lending arrangements between parties, including loan details, repayment terms, and legal obligations.

find out more

Loan Repayment Letter

A New Zealand-compliant formal letter outlining loan repayment terms and schedule between a lender and borrower.

find out more

Letter To Borrow Money From Friend

A formal letter document under New Zealand law that outlines the terms and conditions of borrowing money from a friend, including loan amount, repayment terms, and mutual obligations.

find out more

Contract For Land Purchase

A New Zealand-compliant legal agreement for the sale and purchase of land, detailing property transfer terms and conditions between vendor and purchaser.

find out more

General Loan Agreement

A New Zealand-compliant loan agreement template establishing terms for lending arrangements, suitable for both commercial and personal lending purposes.

find out more

Loan Novation Agreement

A New Zealand law-governed agreement that transfers loan obligations from an original borrower to a new borrower while maintaining the original lender's rights.

find out more

Student Loan Agreement

A New Zealand-governed agreement establishing terms and conditions for government-provided student loans, including loan amounts, repayment terms, and borrower obligations.

find out more

Simple Loan Application Form

A New Zealand-compliant loan application form for gathering applicant information and assessing creditworthiness under local lending regulations.

find out more

Payday Loan Contract

New Zealand-compliant payday loan agreement template incorporating CCCFA requirements and consumer protections for short-term lending.

find out more

Loan Guarantee

A New Zealand-governed agreement where a guarantor assumes responsibility for another party's loan obligations to a lender.

find out more

Investment Loan Contract

New Zealand-governed agreement establishing terms for investment-purposed lending, including loan terms, security arrangements, and regulatory compliance requirements.

find out more

Debt Repayment Contract

A New Zealand-compliant agreement establishing terms and schedule for debt repayment between creditor and debtor.

find out more

Employee Laptop Loan Agreement

A New Zealand-compliant agreement governing the loan of company laptop equipment to employees, including usage terms and return conditions.

find out more

Borrowing Form

A New Zealand-compliant borrowing form that establishes loan terms and conditions between lender and borrower, incorporating CCCFA requirements.

find out more

Device Loan Agreement

A New Zealand-compliant agreement governing the temporary loan of devices from an organization to individuals, establishing usage terms and responsibilities.

find out more

Simple Equipment Borrowing Agreement

A New Zealand-compliant agreement for temporary equipment lending, establishing terms for equipment use, maintenance, and return conditions.

find out more

Loan Out Agreement

A New Zealand-governed agreement for the provision of individual services through a loan-out company structure to an engaging business.

find out more

No Loan Agreement

A New Zealand-governed agreement that formally documents the non-existence of a loan between parties or confirms that a previous loan has been fully satisfied.

find out more

Memorandum Of Loan Agreement

A New Zealand-compliant agreement that establishes the terms and conditions of a loan between parties, including principal amount, interest, repayment terms, and obligations.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it