Funding and Assignment of Claims
A financed case has real credibility with opponents which promotes settlement. We aim to provide funding decisions within 14 working days.
ASSIGNMENT OF THE CLAIM
Step 1
Contact us with a summary of the case together with the key documents and supporting evidence.
Step 2
Optimise undertakes an initial assessment of the claim.
Step 3
Once we have all the relevant materials, the Investment Committee considers the case and provides an in-principle decision to acquire the claim.
Step 4
Agree terms of the assignment.
Step 5
Parties sign the Agreement.
Step 6
Conducting the claim.
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FUNDING THE CLAIM
Step 1
Contact us with a summary of the case, together with the key documents and supporting evidence.
Step 2
Optimise undertakes an initial assessment of the case.
Step 3
Once we have all the relevant materials, the Investment Committee considers the case and provides an in-principle decision to fund the case.
Step 4
Agreement of terms with the applicant.
Step 5
Parties sign the Agreement.
Step 6
We contact the other side with a pre-action letter (if appropriate) so they know that Optimise is conducting the claim.
It is not necessary to obtain a Counsel’s Opinion prior to Optimise considering the suitability of a claim.
The cost of any Counsel’s Opinion which is required during the assessment process will be met by Optimise as part of the assessment process, offering a direct and tangible saving for insolvency practitioners.