info@belit.co.uk
BELit - helping you claim back unlawful commission payments
- Business Energy Litigation (BELit) is a legal group action in which companies are joining together to pursue their legal claims against energy providers. See Who Can Claim.
- It targets the unlawful payment by energy suppliers to brokers of hidden, secret commissions.
- The goal is to recover significant amounts of compensation for businesses that signed up to contracts for gas and electricity through brokers – at any time since 2012.
- Legal costs will be paid on behalf of claimants by a third-party litigation funder; insurance will be put in place to pay the defendants’ costs should the claims not be successful. In other words, such potential “adverse costs” will not be payable by claimants.
- There is therefore no financial risk, and no upfront cost involved in registering and pursuing legal action through BELit: the funder will deduct a share of any legal recovery only on success.
- Claimant businesses will receive the significant majority of legal recoveries (see below).
- BELit is managed by RGL Management Limited (RGL), highly experienced in group litigation using top-tier solicitors and barristers.
- Leading law firms, Fladgate LLP and TYR Law, have been engaged to run this claim.
- Claims are likely to be worth tens to hundreds of thousands of pounds depending on energy usage.
- To register your interest, with no obligation, please complete the registration form today. RGL do all the work; you only need to provide basic documents, such as your energy bill/s, to allow your energy consumption and potential claim to be assessed.
Potential claim value
In a high energy usage business the claim can amount to hundreds of thousands of pounds, averaging c.£60,000 per company.
Claimants receive the significant majority of proceeds
The BELit deduction is a market-leading 20% to 25% (ex VAT), only charged at the end of the process, and only if your claim is successful.
This is used to pay for:
- Reimbursement of the amounts funded during the legal action;
- Funder’s success fees;
- Insurance success premium;
- Lawyers’ success fees;
- RGL’s fees.
- This deduction is made only on success; if the claims are not successful, you will pay nothing.
A financial illustration will be provided before you are required to commit to the legal action.
Other group actions charge significantly more. These are extracts from their websites:
- “33% of the damages received by you plus VAT (if applicable) plus your proportionate share of disbursements such as After the Event Insurance premiums.” and
- “a maximum of 36.5% (including VAT and expenses) of the compensation.”
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Read our FAQs here: #FAQs #BULit21 #RGL
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Pay nothing until success
BELit claimant businesses pay nothing until RGL’s Business Energy Litigation is successful.
RGL arranges the funding that will pay all the claimants’ legal fees and expenses. We also fully mitigate risk by arranging insurance, indemnities and other security to fully cover and exclude the risk of “adverse costs”, should the claims not succeed.
So, there is no financial risk, and no upfront cost of taking action to recover potentially significant amounts.
For further information see the FAQs page.
Register your interest with no commitment.
Register for BElitRGL Management Limited – © 2023 – All Rights Reserved 
RGL Management Limited is authorised and regulated as a claims management company by the Financial Conduct Authority,
in respect of regulated claims management activity.
Registration number: FRN 833132, recorded on https://www.fca.org.uk
RGL Management Limited is registered in England and Wales, company registration number: 10001048
Registered address: 29 Lincoln’s Inn Fields, London WC2A 3EG