Continued Service Commitment

Covid-19 is impacting businesses across the globe. We wish to assure you that BridgePoint remains open for business and committed to maintaining the unparalleled standard of service to which our clients are accustomed. As a business exempt from Covid-19 mandatory closures, please be advised that we remain fully operational across the country and will continue to meet the needs of our valued clients throughout this crisis without interruption. Read more ›

    
Insights

The Recoverability of Financing Costs in Personal Injury Litigation

The Recoverability of Financing Costs in Personal Injury Litigation

May 15, 2011 | Bridgepoint Financial |Posted in Viewpoint

Using Third Party Financing As A Shield... And A Sword

In Canada, third party financing for litigation is a new concept that is increasingly being accepted as a means to facilitate access to justice where there is a substantial imbalance, or Funding Gap, in economic resources between the parties. The global credit crisis of 2008 and the recent amendments to the Insurance Act (Ontario) reducing coverage for general medical and rehabilitation expenses from $100,000 to $50,000 for standard motor vehicle accident benefits have aggravated this issue.

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