Environmental litigation has long time horizons, complex causation chains, and multi-party allocation dynamics. Our underwriting models are trained on CERCLA contribution, NRD, and toxic tort court records — including allocation decisions that determine which parties bear what share of cleanup costs.
Defense-side funding is available where the regulated entity's defense preserves measurable asset value — typically in large penalty actions or NRD cases where the quantum of liability is contested and expert testimony determines the outcome. Defense funding is non-recourse, repaid only from the reduction in assessed liability versus the initial demand.
Every capital decision at Criterica Capital is underwritten against outcomes, not collateral. Our models are trained on real court records across US federal courts, state courts, and international jurisdictions.
We assess jurisdiction-level recovery rates, case-type outcome distributions, time-to-resolution curves, and attorney performance history before committing capital. No collateral. No credit check. Outcomes only.
