POL00103307 - Email from Alwen Lyons to Carla Stent; Kenmccall1; Tim Franklin; Richard Callard, re: ARC Action - Postmaster Litigation funding.

Evidence on official site

POL00103307
POL00103307

Message

From: Alwen Lyon:
on behalf of I Alwen Lyons

Sent: 22/05/2017 16:
To: ‘ 3 Tim Franklin
ce: la Vennells

3, Jane Macleod
Subject: ARC action - Postmaster Litigation funding
Dear All

Please see below an email from Jane to cover the action from the ARC.

Thanks
Alwen

Dear All

Further to the question raised at the ARC as to how the postmaster action against POL was being funded, please see
below:

The claim is being funded by Therium Litigation Funding IC (http://www.therium.com).

e@ The Claimants have entered into individual Conditional Fee Arrangements with Freeths. The details of these
arrangements are confidential to Freeths and the claimants, and have not therefore been shared with us.

e The Claimants also have the benefit of Legal Expenses Insurance (underwritten by QBE, CBL Insurance and
Sompo Canopius). We have been provided with redacted copies of the policy documents, and are taking advice
on their adequacy to provide security for costs should we be successful in our defence of the Claim.

Kind regards,
Jane

Jane MacLeod

Group Director of Legal, Risk & Governance
Ground Floor

20 Finsbury Street

LONDON

EC2Y 9AQ

Mobile numbe

POL-0102890