Our Approach
Discipline before deployment.
Hudson Litigation Capital exists to underwrite legal merit with the same rigour an institutional credit committee applies to a sovereign loan. We do not chase volume. We commit only when the case for capital is unambiguous.
Investment Committee
Supreme authority. No delegation.
Every commitment passes through the Investment Committee. There is no automated underwriting, no quota, no parallel approval channel. The IC reviews each memorandum in full and reserves the right to decline at any stage without explanation.
This deliberateness is the mechanism by which we preserve principal. It is also the reason a meaningful percentage of inbound matters are returned with thanks at preliminary diligence.
§ Founding Doctrine
Five pillars, set down at founding.
The doctrinal commitments from which every HLC decision derives. Read together, they describe the kind of capital we are — and are not.
- I
Capital Preservation
The first duty of patient capital is to be returned. Every IC memorandum begins with the analysis of what could cause loss of principal, before any analysis of return. We would rather decline a meritorious matter than commit on insufficient understanding of downside.
- II
Structural Discipline
Single-matter SPVs, defined waterfalls, no side letters, no MFN clauses. The structure does the work the prose cannot. Every commitment is documented on the same standard form, varied only by transaction-specific terms.
- III
Jurisdictional Discernment
We commit only where enforcement is credible and procedure is institutional. A favourable judgment in an unenforceable jurisdiction is a loss. Other fora are evaluated case by case in consultation with retained external counsel — never assumed.
- IV
Counsel Alignment
We do not direct litigation strategy. We do not instruct counsel. We do not require approval rights over settlement. The authority of counsel and claimant over the conduct of the matter is absolute, and every commitment letter says so.
- V
Discretion as Practice
Our involvement is not disclosed to opposing parties without claimant consent. We do not market the matters we fund. We do not issue press releases on commitments, settlements, or recoveries. Quietness is the operating principle from which our other commitments follow.
Eligible & Excluded Matters
What we will and will not fund.
Eligible Matters
- Breach of contract
- Shareholder & partnership disputes
- Antitrust & competition
- International arbitration
- Intellectual property
- Cross-border commercial disputes
- Post-judgment enforcement
Excluded — Will Not Fund
- Consumer litigation
- Personal injury
- Mass torts
- Family law
- Criminal defence
- Business operations financing
THE EXCLUSION LIST IS EXHAUSTIVE AND STRICTLY ENFORCED.