Defense Counsel
Managing Litigation Risk
Litigation has become an increasingly occurring obstacle for businesses and can consume massive amounts of time and money from everyone involved. Our goal—and similarly the goal of both the defense counsel and their clients—is to work with defense counsel to design settlement structures that meet the financial and legal objectives of the client in the most efficient manner possible. In the event that a case is not ready for settlement, but the uncertainty of the process and total costs of defending the litigation and ultimate judgment is a deterrent to a pending financing or M&A transaction, we can ring-fence the litigation exposure and transfer the risk.
Using proprietary quantitative and qualitative analyses, the experts at Certum Group help legal teams craft settlement structures that eliminate excess financial risk for the defendant. Through Certum Group, counsel and their clients have access to (a) Class Action Settlement Insurance (CASI)—the only insurance policy designed to allow companies to transfer the risk of settling existing class action litigation to an insurer and provide businesses with the financial certainty they need to come to a resolution and, (b) Litigation Buyout Insurance (LBO Insurance) – which provides companies with the ability to successfully ring-fence litigation exposure and transfer the full financial risk of known, threatened or existing class action, antitrust and non-class litigation.
Why Consult with Certum Group?
Class action litigation is complex and structuring a settlement can be an even more complicated process. With decades of class action, business and actuarial experience, Certum Group provides companies’ legal teams with additional artillery to combat risk, as well as customized solutions to meet specific settlement needs. Certum Group plays a meaningful role in helping companies find settlement solutions or ring-fencing litigation risk that mitigate the unintended consequences of settlement and uncertain payout.
Certum Group Can Help You
To arrange a confidential consultation, discuss your specific needs, or learn more about how we can meet your financial and business objectives, please email us, call us at (214) 570-3661 or click the Contact Us button on this page. We look forward to helping you solve any financial and legal uncertainty arising from existing or threatened litigation.
The Increasing Danger of Fraudulent Claims in Class Action Settlements
In 2019, my colleague, Kevin Skrzysowski, wrote on this site about the risks of a consumer product class action settlement going viral. At that time, he was describing how feeder websites, social media, and the internet were all contributing to increasing take rates....
How Do Companies and In-House Departments Assess Legal Risk?
Certum Group, which provides bespoke risk transfer solutions for companies facing the uncertainty of litigation, has launched its second annual Litigation Risk Survey to understand how companies and in-house departments assess litigation risk. Last year, general...
Certum Group Can Help
Get in touch to start discussing options.