Waterfall Distribution Simulator.

The Waterfall Distribution Table outlines participants in a Non-Recourse Funding Agreement and key factors to consider, helping participants simulate scenarios and set expectations before seeking funding. Preferred Rates of Return offered by the Owner of the Litigation Rights vary by jurisdiction, case stage, and Legal Opinion considerations. Distributions are expressed as percentages, as the recovery amount is uncertain until collected.


*All Figures in USD.

Change these values to see how the values are modified

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EXPECTED VALUE OF THE CASE

Use the scroll bar to see value changes (amount includes full case budget, contingencies, and timing to recovery, with final details to be confirmed by the lawyer in the Legal Opinion).
TIMING TO RECOVERY
years
TARGET INTERNAL RATE OF RETURN (IRR)
Investments (Owner & Funders) – Recouped and Deducted Before Stakeholder Distribution
TOTAL AMOUNT TO BE FUNDED BY INVESTORS (inclusive of Litigation Insurance if so chosen)
Litigation costs and expenses to be funded by Third-Party Litigation Investors
%
Escrow (Trust) Expenses funded by Investors
0.3 %
Fees paid to RIDER for successfully raising capital to fund litigation costs, expenses, and ancillary costs (deducted from the total amount to be funded)
%
AFTER THE EVENT INSURANCE -LITIGATION INSURANCE- (Optional)
TOTAL AMOUNT TO BE RECOVERED BY INVESTORS PRIOR TO WATERFALL DISTRIBUTION (excludes ATE Insurance costs)
Maximum number of Investment Tickets privately placed
Price per each Investment Ticket (inclusive of ATE Insurance if so chosen).
TOTAL AMOUNT THE OWNER OF LITIGATION RIGHTS PAYS, INCLUDING 90% TO THE LAW FIRM FOR THE LEGAL OPINION AND 10% TO RIDER AS COMMISSION
Payment made to a RIDER member law firm for providing a Legal Opinion without prior representation
RIDER's 10% commission is deducted from the total amount paid by the Owner of Litigation Rights to the Law Firm
TOTAL AMOUNT TO BE RECOVERED BY OWNER OF LITIGATION RIGHTS PRIOR TO WATERFALL DISTRIBUTION
WATERFALL AFTER CATCH-UPS
1) DISTRIBUTABLE AMOUNT AFTER CATCH-UPS
After recovering the amounts funded by Third-Party Investors and the Owner of the Litigation Rights, the total distributable amount is calculated as follows:
2) INVESTORS
Recover Initial Investment (excluding ATE Insurance Costs)
In addition to the Initial Investment (Gains disbursed to Investors)
TOTAL received by INVESTORS
CASH ON CASH (TIMES YOUR INVESTMENT, excluding ATE Insurance Costs if so chosen)
3) LAW FIRM
Law firm Success Based Participation
4)RIDER
Amount payable to RIDER based on successful outcome of the case
5) REFERRAL
Referrer’s Participation
6) FEES FOR FINANCIAL MONITOR (LIQUIDATION AND/OR SALE OF ILLIQUID ASSETS)
Financial Monitor (Liquidator) Participation
7) BANK FEES
Extra bank charges for interbank transfers
8) OWNER OF LITIGATION RIGHTS
Recover Initial Investment
In addition to the Initial Payment (Gains for the Owner of the Litigation Rights)
TOTAL received by Owner of the Litigation Rights
Percentage from Total
Amounts are subject to change due to bank fees.
The amounts are represented based on the type of currency in which the case is handled