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Claim Funding

What We Finance

Areas of investment focus across the dispute resolution landscape.

Commercial Court Disputes

High-value commercial litigation, including contractual disputes, shareholder actions, and fraud recovery claims.

Domestic Arbitration

Infrastructure, energy, construction, and real estate disputes.

International Arbitration

Cross-border disputes before forums like SIAC, ICC, LCIA, and other leading arbitral institutions. Investment treaty arbitration and bilateral investment treaty (BIT) claims.

Insolvency Matters

Debt-restructuring, pre-insolvency restructuring, buy out of debt operational or financial claims in IBC proceedings. Providing interim financing for running of insolvency resolution process, pursuing dormant litigation claims. Defending promoters' interests in insolvency proceedings.

Enforcement Proceedings

Acquisition of favourable but unenforced awards and judgments at a discount, providing immediate liquidity to claimants while Five Rivers pursues enforcement and collection.

Portfolio Financing

Financing arrangements with law firms for portfolios of matters, providing working capital against a book of contingency fee cases and enabling firms to grow without the constraints of capital.

Selection Criteria

What makes a strong application?

We evaluate every matter against four core criteria. Not all criteria need to be met perfectly, but a strong case will typically satisfy most of these:

  • 1
    Strong Legal Merits

    The claim must have compelling legal merits assessed by qualified counsel.

  • 2
    Claim Value ≥ US$15 Million

    We focus on high-value disputes where the economics of litigation finance make the most sense for the claimant. Minimum claim value is typically US$15 million (approximately ₹125 crore).

  • 3
    Enforceability & Low Counterparty Risk

    A successful outcome must be enforceable against a creditworthy counterparty. State or quasi-state entities, large corporates, and insured parties are preferred. We carefully assess counterparty solvency risk, as well as considering the location of assets against which enforcement is sought.

  • 4
    Duration ≤ 5 Years

    We prioritise matters that can be resolved within five years from the date of our investment.

Target Investment Terms

Case type Arbitration preferred
Min. claim value US$15M / ₹125Cr
Max. duration 5 years
Min. return per deal 4x invested capital
Counterparty solvency Required
Geographic focus Global with India nexus

How It Works

Our 6-step investment process.

From initial enquiry to capital deployment, we move efficiently and confidentially — with all communications protected by NDA from the first contact.

1
Origination

Submit a brief case summary via our online form or email. All initial contact is covered by a mutual NDA. We aim to provide a preliminary response within 5 business days.

2
Assessment

Our legal and investment team conducts a preliminary review of case materials including pleadings, expert reports, and counsel opinions. We may engage independent co-counsel for specialist review.

3
Approval

Cases meeting our preliminary criteria are presented to the Investment Committee for formal approval. The IC includes independent members and representatives of our anchor investor.

4
Investment & Agreement

We negotiate and execute a funding agreement setting out the amount of capital, the return mechanism, and any conditions.

5
Monitoring

We provide ongoing case monitoring and aid in strategic decisions where appropriate. Regular updates from parties' counsel keep the Investment Committee informed of material developments.

6
Collection

Upon successful resolution, the agreed return is paid to the Fund from the proceeds. If the case is unsuccessful, the client owes nothing: no repayment, no interest, no liability.

Have a case you'd like us to evaluate?

Send us a brief summary of your dispute — the nature of the claim, the parties involved, the approximate value, and the current stage of proceedings. All enquiries are treated in strict confidence under a mutual NDA.

5 Rivers Capital provides non-recourse litigation finance to claimants and law firms across India.
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