Obtaining a judgment or arbitration award, may often only be a first hurdle. Appeals can be commonplace, particularly in large value disputes.
At TheJudge, we have access to specialist insurance markets that can protect against the reversal of a court judgment or an arbitral award as a result of a successful appeal or annulment application.
Covering legal fees + damages
Importantly these covers are not limited to insuring legal fees but also a portion of the awarded damages.
Having such insurance in place means the judgment (or arbitration award) holder can have certainty that even if there were a wholly or partially successful appeal by the opponent, they are still guaranteed to achieve a certain level of recovery up to agreed limit of cover.
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