Litigation Funding Agreement Template for Hong Kong

1. Multiple Claimants: Required when funding multiple claimants, addressing allocation of proceeds and decision-making

2. Cross-Border Provisions: Needed for claims involving multiple jurisdictions or enforcement abroad

3. After-the-Event Insurance: Provisions regarding ATE insurance if required for the claim

4. Public Relations: Controls over public statements about the litigation when media attention is likely

5. Collective Investment Scheme Compliance: Required when the funding structure might constitute a collective investment scheme

6. Alternative Dispute Resolution: Specific provisions for mediation or other ADR processes if contemplated

7. Currency and Exchange Rates: Required when funding or proceeds involve multiple currencies

1. Schedule 1 - The Claim: Detailed description of the funded claim including key documents and timeline

2. Schedule 2 - Funding Schedule: Detailed breakdown of funding tranches and drawdown conditions

3. Schedule 3 - Budget: Approved litigation budget including counsel fees and other costs

4. Schedule 4 - Return Calculations: Detailed methodology for calculating the funder's return in different scenarios

5. Schedule 5 - Lawyers' Terms of Engagement: Key terms of the retained lawyers' engagement

6. Schedule 6 - Reporting Requirements: Format and frequency of progress reports to the funder

7. Appendix A - Key Documents: List or copies of key documents supporting the claim

8. Appendix B - Power of Attorney: If required for the funder to take certain actions

9. Appendix C - Communication Protocol: Procedures for communications between parties, lawyers, and funder