Innovation and the continuously evolving technological, regulatory, and competitive environment governing commercial and government activities has increasingly exposed both larger populations and smaller groups of individuals to the potential harm or wrong caused by major corporations or various levels of government.

The evolution of class action litigation has been one of the most dynamic and important developments in Canadian law over the past decade as a means of protecting the rights and interest of individuals against large, well funded organizations.

The primary objective of class action legislation has been to promote greater access to justice for all. However, the significant financial investment and risk required to be borne by both class counsel and the representative plaintiff creates a significant barrier to initiating legal action. As a consequence, in many instances the rights of individuals or similarly affected groups of people have not been protected and they have not been fairly compensated for the harm they have suffered. Similar considerations apply to legal claims where the preferable procedure is a mass tort action.

BridgePoint offers a unique and proprietary range of financial solutions for class and mass tort actions that include:

• Indemnification for the Representative Plaintiff in Class Proceedings;
• Disbursement/Working Capital Financing for Counsel;
• Financing legal fees.

Please contact us should you wish to find out more about our services.

For further reference please refer to the article titled “Access to Justice: Using Third Party Financing to Fulfill the Promise of Class Action Litigation” (Published in The Canadian Class Action Review, December 2008).