In evaluating funding claims, we undertake an assessment process that takes into account the following four key elements.
Legal Merit of the Claim
What are the legal merits of the claim? Merit means not only a strong case on liability but a clear, comprehensible basis for the value of the claim.
Commercial Merit of the Claim
Does the defendant have the ability to satisfy the claim? What is the net asset position of the defendant?
Experienced Legal Team
Is the lawyer running the claim someone with demonstrable insolvency litigation experience?
How much will the claim cost to run? This includes all Liquidator / Trustee, legal and experts’ costs and estimated adverse costs through to trial.
In many instances, where the sheer volume of relevant documents and records so mandates, we inspect these in the offices of the referring party. When assessing claims we operate in a collaborative fashion working closely with you, and the lawyers, with a view to arriving at a firm decision as soon as possible.
Our evaluation process is streamlined and efficient with formal offers of funding typically taking a few days, rather than weeks or months.