Parker Wetlands protesters have set up a legal defence fund to protect themselves from a lawsuit.

A total of 49 protesters -- who camped out on the south Winnipeg site from mid-July to mid-September -- have been named in a lawsuit launched by the two numbered companies that own the land.

Gem Equities is planning to develop a new residential neighbourhood and says the protesters were stopping it.

The protesters say the land holds significance for indigenous communities.

In September, a judge ordered protesters to leave, and said he would make up his mind about what kind of damages would have to be paid to the affected companies in the coming weeks.

READ MORE: Parker Wetlands protesters ordered to pack up

In court, lawyers for the land owners suggested each defendant be made to pay $10,000.

The protesters are now asking for donations to cover the costs they may have to pay.