What We Fund

Disciplined capital for disputes that deserve to be argued.

We are selective. We are direct. We are fast.

The four areas where Avyana deploys capital — and the criteria that govern every commitment.

Classical marble column at golden hour
01

Commercial Litigation

commercial litigation funding Europe
What we fund

Breach of contract. M&A and warranty claims. Shareholder and joint-venture disputes. Director liability. Fraud and asset recovery. Complex multi-party commercial litigation.

What we look for

A quantified claim above €500,000. Solid factual foundation. Credible case team. Identifiable counterparty with assets. A realistic path to judgment and enforcement.

Jurisdictions: Germany, Switzerland, Austria, England & Wales, Netherlands, France, Spain, and further EMEA jurisdictions where enforcement is viable. We finance both claimant-side litigation and cross-claims in multi-party proceedings.

02

International Arbitration

arbitration funding ICC LCIA EMEA
What we fund

Commercial arbitration under ICC, LCIA, SCC, DIS, VIAC and ad hoc rules. Investment treaty arbitration under ICSID, UNCITRAL and bilateral investment treaty frameworks. Award enforcement proceedings, including attachment and recognition in third-country jurisdictions.

Why it fits

Arbitration costs are predictable, budgetable and front-loaded. The funding structure maps cleanly onto the procedural timetable. Award enforcement — often the most capital-intensive phase — can be funded as a standalone commitment where the merits risk is behind the claimant.

We have financed enforcement proceedings in 12 jurisdictions, following the counterparty’s assets across multiple enforcement regimes.

03

Insolvency Claims

insolvency claims funding avoidance actions
What we fund

Avoidance actions (claw-back claims under §§ 129 ff. InsO and equivalent European statutes). Director and officer liability claims. Asset recovery mandates alongside insolvency administrators and trustees. Claims against third parties (banks, advisors, shareholders) arising from the insolvency.

Our position

We work alongside insolvency administrators, not in competition with them. Our capital enables the estate to pursue recovery actions that would otherwise be abandoned for lack of funds — returning value to creditors that would otherwise be lost.

We structure insolvency funding to respect the administrator’s procedural obligations and reporting requirements.

04

Portfolio Funding

portfolio litigation funding law firm facility
What we fund

Cross-collateralised facilities for law firms carrying multiple contingency or reduced-fee matters. Corporate claimants with multiple related or unrelated commercial claims. Claim portfolios arising from a single corporate event (M&A dispute, joint-venture breakdown, regulatory action).

Why it works

A portfolio facility allows the funder to take a blended risk across multiple matters — which reduces the required return per case, producing better economics for the law firm and the underlying claimants. For the funder, portfolio diversification reduces concentration risk and improves capital efficiency.

We offer portfolio facilities from €2,000,000, structured as committed or uncommitted facilities with agreed draw conditions.

Investment criteria

Every opportunity is reviewed against five dimensions.

01

Legal merits

Is the claim well-founded in fact and law? Has independent counsel assessed it? What is the realistic range of outcomes?

02

Quantum

Is the claim size proportionate to the funding required? We typically require a minimum 5:1 ratio of claim value to funding commitment.

03

Enforceability

Where does the counterparty hold assets? What is the enforcement risk in the relevant jurisdiction? Has the enforcement path been mapped?

04

Counterparty

Is the defendant solvent? Is there a realistic prospect of collection? Is there litigation or regulatory exposure that might affect recoverability?

05

Case team

Is the legal team experienced in this type of dispute? Is case management credible and efficient? Are incentives aligned?

What we do not fund

Personal injury claims. Consumer disputes. Cases without identifiable enforcement prospects. Matters where the primary purpose is reputational damage to the counterparty rather than commercial recovery.

Confidential · Non-binding

A strong case deserves to be argued.
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