Hudson Litigation Capital

Governance

The architecture of discipline.

Procedural, not aspirational.

Twelve standing provisions govern how a commitment is considered, cleared, documented and monitored. They are procedural obligations rather than statements of intent, and they are not waived for a particular matter.

How we investDisclosures
§ 01

Standing provisions

How a commitment is governed.

  1. I

    Separation of Function

    Commercial origination, legal clearance, analytical work and the eventual capital decision are performed by different functions. No single person carries a matter from first contact to deployment.

  2. II

    Legal Clearance Before Diligence Spend

    Legal permissibility, conflicts and confidentiality arrangements are cleared by the General Counsel before external diligence expenditure is incurred on a matter.

  3. III

    Jurisdiction-Specific Legal Review

    Financing must be lawful and professionally permissible in the governing jurisdiction and in each jurisdiction where recovery is expected. That review is conducted matter by matter and is never assumed from another jurisdiction.

  4. IV

    Independent Legal Assessment

    Substantive matters are assessed with the benefit of independent legal review. Hudson does not rely on the enthusiasm of the proposing counsel alone.

  5. V

    Conflicts and Recusal

    Any person with a personal, professional or prior counsel relationship to a party, firm or matter recuses from it. The recusal is recorded.

  6. VI

    Legal Independence

    Counsel and the client retain control of the litigation. Hudson does not select, instruct or supervise counsel, does not direct pleadings, evidence, witnesses or strategy, and does not control settlement.

  7. VII

    Documented Decisions

    Every commitment, every decline and every material post-commitment decision is recorded in writing, with the basis on which it was taken.

  8. VIII

    Documentation Before Deployment

    No capital is deployed before the transaction documents are executed and the General Counsel has confirmed that the conditions to deployment are satisfied.

  9. IX

    Uniform Terms

    Commitments are documented on Hudson's standard form. There are no undisclosed economics and no side arrangements outside the executed documents.

  10. X

    Information Barrier with HLCDC

    Hudson Litigation Defense Capital is a separate entity with its own capital, its own committee and its own records. Counterclaim matters lodged with the affiliate are handled behind an information barrier and are not visible in Hudson's ordinary deal flow.

  11. XI

    Monitoring After Execution

    Once a commitment is executed, the matter passes to portfolio management for reporting, drawdown control and monitoring for the life of the transaction.

  12. XII

    Records and Retention

    Decision records, clearances, recusals and correspondence are retained under Hudson's records policy, subject to confidentiality and applicable law.

Confidentiality and disclosure

Material shared with Hudson while a matter is being assessed or monitored is treated as confidential and is handled under a written confidentiality agreement. Hudson does not seek privileged material beyond what is reasonably necessary for its assessment and monitoring.

Hudson does not represent that confidentiality arrangements confer privilege, that any common-interest protection arises automatically, or that its involvement in a matter will never be disclosed. Disclosure obligations differ by jurisdiction, forum and procedural rule, and any applicable obligation is complied with. The position in a given matter is a question for the client and its counsel.

Disclosures

The house

Continue