No Impunity

Yanis Lunetta and Aurélia Le Frapper, the co-founders of No Impunity, tell us about their approach to ESG and impact funding, how they ensure no significant case of corporate misconduct goes unchallenged due to a lack of resources, what differentiates them from other funders, and more. Read more: https://lnkd.in/gGEFCy_p #LitigationFunding #Disputes #litigationfinance #disputeresolution #thirdpartyfunding #litigation

𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐠𝐫𝐞𝐞𝐧𝐰𝐚𝐬𝐡𝐢𝐧𝐠 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬: 𝐅𝐂𝐀’𝐬 𝐧𝐞𝐰 𝐫𝐮𝐥𝐞𝐬 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐚𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐄𝐔 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐯𝐞𝐬 🌍 On May 31, 2024, the FCA introduced an anti-greenwashing rule as part of its Sustainability Disclosure Requirements (SDR) to identify and challenge misleading sustainability claims, complementing the EU’s directives. This follows notably the ban on green claims by the Advertising Standards Authority against several entities such as BMW, MG, and Transport for London. 𝐅𝐂𝐀’𝐬 𝐥𝐚𝐭𝐞𝐬𝐭 𝐫𝐮𝐥𝐞: 1. 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐬𝐜𝐨𝐩𝐞: Applies to all FCA-authorized firms communicating with UK clients or promoting financial products/services in the UK. Covers a wide range of communications, including statements, strategies, targets, policies, information, and promotional materials. 2. 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: - 𝘍𝘢𝘪𝘳, 𝘤𝘭𝘦𝘢𝘳, 𝘢𝘯𝘥 𝘷𝘦𝘳𝘪𝘧𝘪𝘢𝘣𝘭𝘦: Claims must match actual sustainability characteristics, be clear, not misleading, and capable of being substantiated. - 𝘛𝘳𝘢𝘯𝘴𝘱𝘢𝘳𝘦𝘯𝘵 : Information must be clear, complete, without omissions, and consider the full life cycle of the product/service. - 𝘔𝘦𝘢𝘯𝘪𝘯𝘨𝘧𝘶𝘭 𝘤𝘰𝘮𝘱𝘢𝘳𝘪𝘴𝘰𝘯𝘴: Comparisons to other products/services must be fair and meaningful. 3. 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: - Fines, operational restrictions, or prohibitions; mandatory withdrawal of misleading communications/documents; increased litigation risk if the FCA’s "naming and shaming" policy is implemented; 𝐩𝐮𝐛𝐥𝐢𝐜 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐟𝐢𝐫𝐦𝐬 𝐮𝐧𝐝𝐞𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐞𝐯𝐞𝐧 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐞𝐧𝐟𝐨𝐫𝐜𝐞𝐦𝐞𝐧𝐭 𝐚𝐜𝐭𝐢𝐨𝐧. 𝐄𝐔’𝐬 𝐥𝐚𝐭𝐞𝐬𝐭 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐯𝐞: Entered into force on March 27, 2024, amending the Consumer Rights Directive and the Unfair Commercial Practices Directive. 1. 𝐒𝐜𝐨𝐩𝐞: Misleading commercial practices include false information about a product's reparability or recyclability; environmental claims must be backed by verifiable commitments and targets, regularly verified by an independent third-party expert; prohibits the use of sustainability labels not based on a certification scheme or not established by public authorities. 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐭𝐡𝐞 𝐔𝐊 & 𝐄𝐔 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 - The FCA’s rule applies specifically to FCA-authorized firms, while the EU’s regulations apply to all traders marketing products to EU consumers. -The EU regulations include specific bans on certain types of claims and require the use of approved certification schemes or public authorities for sustainability labels, which is not explicitly mentioned in the FCA’s rule. No Impunity #Greenwashing #Regulations #FCA #EUDirectives #Compliance #Litigation

No Impunity has now signed multiple partnerships with litigation and ad hoc funders, ready to deploy capital for the right cases. As such, we are actively seeking cases that meet the requirements outlined below. Our goal is to onboard 5 new cases in the coming months. If your case is vetted by our team and board, our platform will assist you in #structuring your case documentation and #match you with the appropriate fund based on its investment thesis. If you have cases that fit these requirements please reach out to yanis.lunetta@noimpunity.co and aurelia.lefrapper@noimpunity.co We look forward to collaborating with you and drive impactful change! #impactlitigation #Environmentallitigation #Humanrightslitigation #litigationfinance #ESG

No Impunity is heading to Paris next week for Viva Technology☀ Meet our co-founders Aurélia Le Frapper and Yanis Lunetta there to discuss impact investment and legal tech. No Impunity is a legal tech platform supporting law firms in getting funding from institutional funds for their ESG claims. We look forward to meeting you there! #legaltech #impactinvesting

𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐨𝐩𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐥𝐚𝐰 𝐟𝐢𝐫𝐦𝐬 𝐡𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐝𝐚𝐦𝐚𝐠𝐞𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐜𝐥𝐚𝐢𝐦𝐬 𝐰𝐢𝐭𝐡 𝐚𝐧 𝐄𝐒𝐆 𝐟𝐨𝐜𝐮𝐬.  ❔ Are you navigating funding options for cases but unsure what sources are available? Here’s a concise overview: 𝐋𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐅𝐮𝐧𝐝𝐬 1️⃣ 𝐑𝐢𝐬𝐤 𝐭𝐨𝐥𝐞𝐫𝐚𝐧𝐜𝐞: Moderate, seeking substantial returns (𝘤𝘢𝘴𝘦 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘪𝘯𝘨 𝘱𝘳𝘰𝘤𝘦𝘦𝘥𝘴 𝘢𝘳𝘰𝘶𝘯𝘥 10 𝘵𝘪𝘮𝘦𝘴 𝘵𝘩𝘦 𝘱𝘳𝘰𝘱𝘰𝘴𝘦𝘥 𝘧𝘶𝘯𝘥𝘪𝘯𝘨 𝘤𝘰𝘴𝘵𝘴) within 1-7 years.The shorter the case resolution time, the better. 2️⃣ 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐫𝐚𝐧𝐠𝐞: Typically ranges from $1 million to over $100 million, varying by case scale and the specific objectives of the litigation fund. 3️⃣ 𝐑𝐞𝐭𝐮𝐫𝐧𝐬: Typically claim 20-40% of case proceeds, with higher stakes at earlier case stages. 4️⃣ 𝐅𝐨𝐜𝐮𝐬: Single case funding but increasingly investing in portfolios of cases to optimize returns and mitigate risk. 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐅𝐮𝐧𝐝𝐬 (𝐏𝐞𝐧𝐬𝐢𝐨𝐧 𝐅𝐮𝐧𝐝𝐬, 𝐄𝐧𝐝𝐨𝐰𝐦𝐞𝐧𝐭𝐬, 𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞𝐬) 1️⃣ 𝐑𝐢𝐬𝐤 t𝐨𝐥𝐞𝐫𝐚𝐧𝐜𝐞: Higher, comfortable with longer horizons (up to 10 years) and lower returns. 2️⃣ 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐫𝐚𝐧𝐠𝐞: Starting from $500,000, making them accessible to a broader range of cases. 3️⃣ 𝐈𝐦𝐩𝐚𝐜𝐭 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧: Strong emphasis on cases that align with their impact thesis. 4️⃣ 𝐅𝐨𝐜𝐮𝐬: Prefer funding case portfolios, enhancing risk diversification and meeting broader investment goals like social or environmental impact. No Impunity #litigationfunding #impactlitigation #legalfinance #alternativeinvestments

Our head of legal Roslyn L. will be part of the panel at the DLA Piper conference on 10th May, focusing on 𝐥𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐄𝐒𝐆 𝐝𝐢𝐬𝐩𝐮𝐭𝐞𝐬. Registration (in-person only) is still open 👉 : https://lnkd.in/dMSqVHvv We will be publishing a brief on the outcomes of these discussions in mid-May. Stay tuned! #investmentarbitration #impactlitigation #litigationfunding

𝗡𝗲𝘄 𝗖𝗮𝘀𝗲 𝗟𝗮𝘂𝗻𝗰𝗵 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗼 𝗜𝗺𝗽𝘂𝗻𝗶𝘁𝘆 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺: 𝗦𝗲𝗲𝗸𝗶𝗻𝗴 𝗝𝘂𝘀𝘁𝗶𝗰𝗲 𝗶𝗻 𝗘𝗮𝘀𝘁𝗲𝗿𝗻 𝗖𝗼𝗻𝗴𝗼 No Impunity, in collaboration with Femmes pour la Paix et les Droits Humains (FPDH), is proud to announce the launch of a significant legal case against Twangiza Mining, a subsidiary of Banro Corporation. This case addresses the profound impacts of industrial gold mining operations on South Kivu communities. Twangiza Mining has been running gold mining operations since 1997. Covering an area of 1,164 km² in the Luwindja and Burinyi chiefdoms, the company's activities have led to environmental degradation, including deforestation, erosion, and water contamination with toxic chemicals like cyanide. This pollution has adversely affected both the ecosystem and the wildlife. The social impacts of Twangiza Mining's operations include the loss of ancestral lands and cultural sites, negatively affecting the communities' social well-being. Legal action is being initiated by Femmes pour la Paix et les Droits Humains on behalf of the affected communities. We have been working directly with FDPH to bring their case to our platform. We got put in touch by Business & Human Rights Resource Centre and first met with them a few months ago. After hearing the stories of the Luwindja and Burinyi communities, we knew we had to take action. This is the third case we are launching on the No Impunity platform and it is also our second philanthropic case. This means that, unlike our investment cases, the FDPH case is raising funds via a donation model. Our platform ensures that organizations like FDPH can seamlessly upload case metrics and evidence - it automatically structures cases, organizes documentation and provides litigation groups with reporting, monitoring and case management tools.  While our primary focus is on building a strategic litigation platform for litigation investors, we think it is crucial that we utilize our platform for philanthropic endeavours, whenever we can. By supporting this case, you are not just funding a legal battle, you are supporting the restoration of dignity and the right to a safe environment for the communities of South Kivu. To read more and donate to the cause, please visit https://lnkd.in/eDwQY6yn and stay updated on future developments by following us on LinkedIn and Instagram.

Finishing our #GenZ #founders series with a bang, today we profile four young businesses setting out to make the world a better place. They include: 💥 Anahita Laverack, who co-founded Oshen, which makes autonomous micro vessels for ocean data collection, with Ciaran Dowds, after meeting at Imperial College London. The pair have raised more than £100,000 in angel investment and around £400,000 in grants and employ a team of five in Plymouth. Their backers include: Department for Environment, Food and Rural Affairs and European Space Agency - ESA. 💥 Zeezy Qureshi, the founder and CEO of Motion, a platform to deliver fun, chair-based activity and exercise sessions in care homes. The company has raised £130,000 in grant funding, including from Innovate UK, and employs five at its HQ at Sheffield Technology Parks. The team has worked with more than 2,500 older adults in more than 60 care homes. 💥 Conor Walsh, founder of ReelHelp which makes tools to make electricians' lives easier. He explained how mentors have helped him. "All you need is people around you to tell you that you can do anything... then you start believing it," said Walsh, who previously won a spot on the prestigious Royal Academy of Engineering's regional talent engines programme. 💥 Aurélia Le Frapper, co-founder of No Impunity, a legal tech start-up launched in 2022, with the goal of making the justice system more accessible to all, irrespective of financial status of background. Le Frapper and her co-founder Yanis Lunetta met while studying at UCL and are putting in the long yards to try and make a success of the company. “I work six days out of seven, ten to 12 hours per day, because I really want this to succeed.” she said. “Gen Z entrepreneurs are activists at heart, but they showcase it in a practical way.” #GenZ #founders #activism

In this week's edition of our newsletter 'Justice in Action' we take a deep dive into litigation finance, the frontier of impact investing. We examine why litigation finance is a promising form of alternative investing, what challenges come with the sector and how to overcome them! Read the article here:

⚖ In this week's edition of 'Justice in Action' we examine the recent approval of the Corporate Sustainability Due Diligence Directive (CS3D). We explore how it has been scaled back from the initial proposal and how it will reshape corporate responsibility in the years to come. Read it here: