Commercial
Breach of Contract
M&A disputes, joint venture failures, supply chain claims, and commercial contract breaches with quantifiable damages.
❦❦
Investment Mandate
The boundaries
of our commitment.
Deliberately narrow, plainly stated
We fund commercial litigation and arbitration of meaningful quantum, with represented claimants, in fora where enforcement is credible. Everything outside that perimeter we decline, clearly and without delay.
Claim Quantum
USD 2M – 50M
Per matter, single tranche or staged.
HLC Capital per Matter
Sized to budget
Capped at 12% of HLC committed capital.
HLCDC Counterclaim Band
USD 5M – 50M
Counterclaim value, post-Optimism Discount.
Time Horizon
12 – 60 Months
We do not impose a short-cycle exit.
Probability Threshold
≥ 60%
Counsel-supported, post-Optimism Discount.
Enforcement Score
≥ 3 of 5
≤ 2 requires unanimous IC approval.
Eligible Matter Types
What we will fund.
Corporate
Shareholder Disputes
Minority oppression, breach of fiduciary duty, and derivative actions against directors and controlling shareholders.
Competition
Antitrust Claims
Cartel damages, abuse of dominance, and private follow-on actions arising from competition law violations.
Cross-Border
International Arbitration
ICC, LCIA, AAA/ICDR, SIAC, DIAC, HKIAC, ICSID, and ad hoc UNCITRAL proceedings. Patient capital built for multi-year timelines.
IP
Intellectual Property
Patent infringement, trade secret misappropriation, and licensing disputes across domestic and international jurisdictions.
Civil Fraud
Fraud & Asset Recovery
Commercial fraud claims, dishonest assistance, knowing receipt, and the cross-border tracing and recovery of misappropriated assets.
Professional
Professional Negligence
Claims against solicitors, accountants, surveyors, and other professional advisers where loss is quantifiable and causation is supportable.
Enforcement
Post-Judgment Recovery
Appellate finance and cross-border enforcement of judgments and arbitral awards where collectibility is credible.
Recognised Fora
Where we operate.
We commit only where enforcement is credible and procedure is institutional.
U.S. Federal Courts (all circuits)
Delaware Chancery & Superior
New York Commercial Division
ICC International Court of Arbitration (Paris)
London Court of International Arbitration
ICDR / AAA
SIAC (Singapore)
DIAC / DIFC-LCIA
ICSID & UNCITRAL ad hoc
Hong Kong International Arbitration Centre
Outside Mandate
What we will not fund.
- 01
Personal injury, mass tort, and class actions
- 02
Consumer claims and small commercial disputes
- 03
Pre-litigation matters without identified counsel
- 04
Matters where claimant cannot demonstrate solvent, reachable defendant
- 05
Speculative or pre-merits intellectual property assertions
- 06
Criminal defense, regulatory defense, and divorce