Being designed for legal cases means we have anticipated and addressed issues which are unique to legal cases including what happens if there are leftover funds, for example, because your client raises funds to cover adverse costs exposure and wins or your client recovers their costs.
Any unused funds are returned to us and can then be put towards another case on CrowdJustice as elected by the Case Owner (your client), for example another one of your cases, or will be donated to the Access to Justice Foundation. Those who have donated over $/£1,000 will be given the option of a pro rata refund. This is all set out in our Terms and Conditions.
These processes have been designed to be straightforward to both mitigate against risk and also to reduce the administrative burden on you and your clients. All backers agree to our Terms and Conditions when they give, which clearly designate what happens with unused funds and this flow of funds complies with our robust anti-money laundering and fraud-prevention safeguards.