AMWatch

Danish institutional investors turn their backs on litigation funders

There is growing criticism of litigation funders, which aim to make money from law suits, in Denmark - but the market is still growing.

The back of the Copenhagen Court House | Photo: Aleksander Klug/Ritzau Scanpix

Danish companies are coming out in force in criticism of litigation funders, which invest in other companies' lawsuits in the hope of financial reward.

They are currently financing cases involving Danske Bank's executive team and marine fuel provider OW Bunker, and have previously been involved in cases against wind turbine manufacturer Vestas and jewelry firm Pandora.

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