Fulbrook Capital Management is among the newest entrants to the Dispute Finance industry. It is dedicated to the creation and management of investments in high stakes, meritorious corporate litigation and arbitration claims. It is working within that portion of the industry which provides expert advice to claimants, and investors, and sometimes defendants, and if needed also links worthy individual or portfolios of claims with capital.
It has recently entered and is seeking to help create an unusual specific niche in the industry: assisting to settle claims— whether or not they are financeable— and in doing so representing claimants, investors, defendants, or courts, arbitrators, and mediators.
Fulbrook’s portfolio includes cases having varying degrees of risk, returns, anticipated times to recovery and forms of investment. It is particularly focused on complex commercial claims in areas including: international disputes, in arbitration and litigation and enforcement of judgments; financial distress and insolvency; patents and other IP; serious breach of contract, fraud, including securities fraud; certain claims involving financial service entities and practices; and selected compelling commercial claims in specialty areas like whistle blower, and insurance and reinsurance.
It works globally. It thus is involved with disputes in specific jurisdiction. the U.S. and Canada, the U.K and Europe, the middle east and far east.
Its investment criteria looks for claims needing between $1,000,000 and $10,000,000 for financing, with expected recoveries typically in excess of $50,000,000 to $100,000,000 (with a number in the billions). The average projected timeline between investment and recovery of about two to three years (with heavy front-loading of cases expected to have a year or less lifespan). Fulbrook has a wide range of possible cost saving processes, structures, and experts, coupled with a similar number of pricing structures.
Fulbrook’s principals and key advisors are experienced in litigation finance and litigation risk assessment. They are a formidable team and supporting network of institutional and individual specialists. They work as an integrated team.
Fulbrook’s Chairman, CEO and founder, Selvyn Seidel, is a successful and distinguished professional in the Dispute Finance universe. He has been intensely active in Dispute Finance for several years, in its practice and its education. Before Fulbrook, he co-founded and was Chairman of Burford Group, the exclusive advisor to the publicly traded British fund. Burford, since it went public in October 2009, has become the largest institutional funder of commercial disputes in the world. It now has about $2.5 billion under management.
Prior to dispute finance, Mr. Seidel was a litigator of complex matters for over 40 years. He spent most of that time as a senior partner at Latham & Watkins, a premier international law firm, working on commercial litigation, and, at various times, chairing its International Practice, its International Litigation and Arbitration Practice, and its New York litigation department.
He has a B.A. in economics from the University of Chicago, a J.D. with honors from the University of California Berkeley School of Law, and a Diploma in Law from Oxford University.