Litigation funder Fenchurch Legal placed into administration following disputed application

Fenchurch Legal Ltd, a litigation finance provider active in bulk consumer claims, has entered administration after a contested court process that began earlier this month, with Vincent Simmons of BV Corporate Recovery & Insolvency Services appointed administrator on 1 April 2026.

The administration follows an application brought by Lowry Trading Ltd, which had sought the appointment of an administrator over the London-based company. Prior to the appointment, Fenchurch Legal was reported to be opposing the application and disputing the basis on which it was made, while continuing to trade, but the appointment was subsequently confirmed.

Fenchurch describes itself as a specialist litigation funder providing finance for small ticket ATE claims and their disbursements. Its lending reportedly covered disbursements and working capital, with facilities typically structured over 12 to 18 months. The funder has been at the forefront of novel funding structures. In late 2024, Fenchurch partnered with South African alternative investment platform Altify to launch a digital token to help increase access to litigation finance.

However, it found itself exposed to the distress of the law firms it financed. In July 2024, the funder called in administrators to handle the affairs of Liverpool claims firm McDermott Smith, but maintained there was no crisis in claims sector and that it remained attractive to investors. Fenchurch was also a creditor in the collapse of Nicholson Jones Sutton Solicitors.

The funder has yet to comment on the administration.