We look at the differences and advantages of the Spanish and UK systems, pinpointing the more favorable elements of the Spanish system, designed to give greater security and certainty to the investor.
The economic crisis that started to engulf Spain in 2007, which the country has been shaking off little by little, has spurred players in the restructuring market to step out of their comfort zone and go down lesser-trodden paths in Spain. This means players are exploring new alternative sources of funding to conventional bank lending; similarly, investors, encouraged by experiences in other markets, are incessantly researching any mechanisms that will enable them to move their capital in their constant search for greater returns. Litigation funding has been moving towards the point where the interests of all of these appear to converge.
