Hedge fund managers have not fared well overall in recent years in terms of how they are perceived by the public in the United States.  Given the similar circumstances economically that have hit the United Kingdom, a similar sentiment exists for those who are involved in this profession in that culture.  However, hedge fund managers are continuing to find new ways to make money, and one of those new ideas is also controversial – funding litigated high asset divorce cases.

Specifically, more and more hedge funds are agreeing to fund the legal battles for one of the parties to a high asset divorce who stands to earn a windfall when the divorce case is complete.  Generally speaking, hedge funds can recapture between 20 percent and 30 percent of whatever award is given to a spouse when the case is complete in exchange for the funds necessary to manage the litigation.  As expected, there has been a public outcry upon hearing the news.

This market for funding high asset divorce cases appears to be growing rapidly based on the perspectives of many legal professionals, and most point to the fact that it’s often the case in high asset divorce cases that one spouse does not have access to cash that would be necessary to pay these litigation costs.  In addition, banks are not nearly as willing to approve loans now as they were even a few years ago.

San Diego High Asset Divorce Lawyers

Many people who face the prospect of litigating a high asset divorce can find themselves in a difficult financial situation, at least temporarily.  If one spouse controls the money of the marital estate, taking the step of ending a marriage can seem impossible.  However, those in this position should seek the input of experienced professionals before making any final decisions.

If you are facing this possibility, you owe it to yourself to review all of your rights and potential options before moving forward.  Seek the help of San Diego high asset divorce lawyers who have been helping clients through this process for many years.  Contact the law office of James D. Scott today to schedule an initial consultation.