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Company presentation of AdvoFin Prozessfinanzierung AG Version: 2019
Company presentation
of
AdvoFin Prozessfinanzierung AGVersion: 2019
AdvoFin is one of Europe’s leading litigation
funders
• Founded in 2001 as an Austrian litigation funding company based in Vienna, and financed by
independent, financially-sound institutional investors.
• AdvoFin has more than 18 years of experience in financing lawsuits, and continues to draw on
that experience and build on its history of success.
• We are proud of our strong, successful business, backed by an ownership structure that has
remained stable for 18 years, and by an employee and management team that have stayed
constant for many years as well.
• We see our clients as partners. Your success is our success!
Financing for
24,000 clientsEUR 260 million
won for our clients
19 collective lawsuits
successfully completed
We’re stronger together. That’s how our business
works, and it’s how our clients benefit.
• As a litigation funder, AdvoFin first reviews each case, then concludes a litigation funding agreement if
the result is positive. With the agreement in place, AdvoFin takes over all legal expenses required to
assert your claims in or out of court, and receives a share of the payment as compensation (only) if the
lawsuit succeeds.
• By bundling claims together, it is also possible to seek smaller individual compensation amounts that
the litigants would otherwise be unable or unwilling to pursue due to the high cost of litigation.
• Besides financing the lawsuit, AdvoFin also helps with structuring the case, in cooperation with your
trusted lawyer who is in charge of the lawsuit, while handling administrative matters and ongoing
contact with the clients too.
• We keep our clients continuously informed of how our lawsuits are progressing. As a general rule,
participating in one of our collective lawsuits involves minimal effort for our clients, since AdvoFin
takes care of all aspects of pursuing their claims (preparing data, preparing the lawsuit, communicating
with the lawyer, appointing expert witnesses, etc.).
• Working independently and with different lawyers is AdvoFin’s guiding business principle. AdvoFin
makes its own decision when it comes to offers of financing, and is not influenced by powerful legal
adversaries or case-related pressures.
Examples of collective lawsuits we’ve
concluded successfully in the past
• Immofinanz− AdvoFin represented 3,300 claimants in this case, with total damages of about EUR 205 million.
− Claims were pursued against Immofinanz/Immoeast and Avizo Zeta, and significant amounts of capital were repaid
to our clients as part of an out-of-court settlement.
• Meinl European Land− In this case, AdvoFin is representing over 9,000 claimants who had invested in securities of Meinl European Land
(over EUR 200 million in damages).
− A settlement agreement was reached with Atrium European Real Estate in March 2017, covering EUR 44 million in
total financial damages suffered by AdvoFin’s clients.
− We continue to pursue our clients’ claims against Meinl Bank in court.
• AMIS− AdvoFin is representing 2,300 claimants in this case, with total damages of just under EUR 22.5 million.
− Claims were pursued against AMIS, the AeW (Anlegerentschädigung von WPDLU GmbH), and the Republic of Austria,
and significant amounts of capital were repaid to our clients.
• Madoff − New York businessman Bernard Madoff defrauded thousands of investors for decades in a pyramid scheme. The fraud
was discovered in December 2008.
− AdvoFin is financing and overseeing the claims of 350 clients in this case, with an amount of EUR 28.2 million in
dispute.
− Their claims are being asserted against UniCredit, for inadequate verification of prospectus documents, and against
the Madoff Victims Fund in the United States.
For an overview of all of our projects please visit www.advofin.at
Key facts and figures about AdvoFin
KSV rating*
274Equity ratio (2018)
45%
EBITDA (2018)
EUR 1.3 million
Revenue (2018)
EUR 3 million
Active collective lawsuits
9Employees
15
Litigation value financed
(Dec. 2018)
EUR 320 million
* Credit rating from Austria’s leading creditor protection
association, KSV 1870 (https://www.ksv.at/)
We look forward to hearing from you!
AdvoFin Prozessfinanzierung AG
Lothringerstrasse 14, 1030 Vienna
Commercial Court Vienna, Company Register no. 218810fG | Registered office: Vienna
www.advofin.at
Mag. Stefan Bohar
Member of the Board
+43 664 81 000 44
Dr. Gerhard Wüest
Member of the Board
+43 664 503 0000
