Litigation Insurance and Financing
Advancing specific claims through Canada’s Specific Claims Process or by way of litigation before the Specific Claims Tribunal (including potential appeals to Federal Court and the Supreme Court of Canada) can be very expensive for First Nations with limited resources to bear these costs. Having sufficient resources helps to level the playing field and relieve the burden of financial pressure.
Maurice Law has negotiated the terms of an exclusive agreement with a London insurance company to secure low cost financing by way of a loan which is used to cover the costs associated with advancing a specific claim. The loan would cover all costs associated with advancing the claim. If we are retained, Maurice Law would seek to obtain an insurance policy for each claim your First Nation wishes to pursue which will act as security to access financing so the client can proceed on a “no win, no pay” basis. This means that the First Nation would not be required to pay any costs for legal fees, expert reports, premiums, loan interest, or any other costs unless we are successful.