DISCREET, RESPONSIVE, EXPERIENCED MEMBER OF THE ASSOCIATION OF LITIGATION FUNDERS OF ENGLAND AND WALES Redress Solutions is one of the longest established and experienced litigation funders in the United Kingdom. We specialise in the funding of commercial and other high value claims. Redress Solutions. Our approach to client service is unique: swift and efficient claim selection procedures without bureaucracy. We operate with complete discretion. WHO WE WORK WITH THE CASES WE FUND We fund substantial cases for companies, partnerships and individuals. Our favoured cases are in document-based commercial litigation or arbitrations in Europe, the United States and other jurisdictions with reliable legal systems where the trial and any enforcement is to take place. Redress Solutions will consider funding for all types of commercial and other high value claims. In terms of the value of matters that we fund there is no upper limit. As to a minimum, we would normally focus on funding cases with a value higher than £0.5 million. We do not fund family, divorce or personal injury-related claims. We work directly with corporate finance and legal departments, claimants themselves and their officers and partners. We welcome cases introduced by lawyers, accountants and other professionals. We regularly work with insolvency practitioners who wish to pursue claims without exposure to the risks and expense of the case. COMPANIES AND PARTNERSHIPS Support from Redress Solutions sends a strong signal to the defendant that you are committed to litigating and have the financial ability to see your claim through to conclusion. Taking funding from Redress Solutions frees up your finances that could otherwise be trapped in litigation. We take the contingent liability of the adverse costs in losing a case off your balance sheet. A defendant will always know that if Redress Solutions funds a case it will have very strong merits and so may decide to settle quickly. LAW AND ACCOUNTANCY FIRMS The support of Redress Solutions allows you to concentrate on your work and not worry about getting paid. Redress Solutions always pays your bills promptly. INSOLVENCY PRACTITIONERS If you have selected a legal team to run your claim, Redress Solutions will always allow you to continue with them. If you so require, Redress Solutions will take an assignment of your claim. This will transfer all of the financial exposure and costs of the case to us and we will instruct the lawyers that you recommend. WORKING WITH REDRESS SOLUTIONS We pride ourselves on our client service, which is fast, no-nonsense and without the bureaucracy you may find with other funders. We operate with complete discretion. Where we fund the litigation or arbitration of a claim, we receive an agreed percentage of the settlement or award, after all costs not recovered from the opponent have been reimbursed. We do not make management or expense charges of any kind to the clients on whose behalf we work. When a case is brought to us we make our own assessment of its merits, with or without the advice of external lawyers or other professionals. This is a process we pay for entirely and even if your case is not taken forward you will not be charged. We indemnify you against the opponent’s costs on any matter we fund. You have no costs as a claimant and we take all the risks. S P E C I A L I S T L I T I GAT I O N F U N D I N G D I SCREET , RESP ONSIVE, EX PERIENCED Redress Solutions assures you of the highest standards of expertise and professionalism, whether in the provision of funding or in the investigation and litigation of assigned cases. CHAIRMAN CBE,considerable CA STEPHEN ADAMSON, family offices with We are owned by financial Stephen, a chartered accountant and former licensed Insolvency Practitioner, is a Past resources to fund your claim. No claim is Association too large President of the Insolvency Practitioners’ as wellor as oftoo INSOL International. He was an adviser to the UK Government as a non-executive director of the Insolvency complex for us to fund. Services Executive Agency Steering Board for many years and has also advised the World 1. DISCUSSING A CASE WITH US Bank on relevant projects. Stephen was appointed CBE in the 1999 Birthday Honours for services to the insolvency profession. 4. CONDUCTING THE CASE The first step, if you have a claim,MANAGING is to contact PARTNER us by Where we provide funding to enable a claim to be email or telephone, or instead please ask your lawyer litigated or arbitrated, it is the responsibility of the LLB, MBA own legal team to handle the proceedings. MICHAEL ZUCKERMAN, or accountant to do so on your behalf. You can expect claimant’s an initial indication with regard toMichael, fundingaof your Solicitor,Inhas insolvency where in wecommercial take an assignment of for practising a wealth cases of experience litigation. Acting claim within two working days. joint liquidators, he was the first the United claim,Kingdom we will instruct solicitors nominated by solicitor the to obtain a freezing injunction the insolvency practitioner to conduct the case. against a Swiss bank account. Michael is involved in the assessment of cases offered to 2. ESTABLISHING A CASE’S VIABILITY Redress Solutions and in supervising the entire litigation process to ensure the best possible 5. ACCOUNTING FOR THE PROCEEDS outcome. Should we think it desirable for us to instruct an outside legal adviser or other expert to help us assess In any claim which we have funded, the claimant’s the merits of your case, we will do so at our cost. We law firm is bound by our agreement to bank any will ask the lawyers conducting your case to estimate sum recovered in a trust account. All costs incurred FINANCE PARTNER the likely cost of proceeding to trial. We will wish to are first reimbursed from the gross proceeds, after STEPHEN WISEMAN which Redress Solutions will be paid its share. These establish that the intended defendant has the means as a Solicitor butwill is non-practising. Hecost is theofmanaging director of the to pay the sum being claimed andStephen, that thequalified likely costs costs not include the assessing your case. group of companies which have substantial outcome interests inisproperty in in thea United of funding are consistent with theCorob size of the claim. In When a successful achieved case Kingdom and abroad,ofas welllitigated as in finance. RedressSolutions Solutions LLP is funded by some insolvency cases, we will take an assignment by Redress under an assignment Charterhouse Square Financefrom Company Limited, apractitioner, company in the the claim from insolvency practitioners and conduct an insolvency allCorob costsgroup. incurred by the litigation in our own name. If the case is seen as Redress Solutions are first reimbursed from the gross viable then Redress Solutions will be happy to fund proceeds. The insolvency practitioner is then remitted your claim no matter how large or complex. that portion of the net proceeds pre-established in our agreement, with Redress Solutions retaining the CHIEF EXECUTIVE - CORPORATE 3. FORMALISING OUR RELATIONSHIP balance. MARIUS NASTA, LL.M Once we are satisfied that the case is viable, we will a Solicitor who qualified with Slaughter and May, went on to set up and run the issue an offer to fund the case or,Marius, in certain insolvency international legal, cases, to take an assignment of the claim. Our offercompliance and regulatory department of Cendant Corporation. This was a US listed conglomerate will include the basis of calculating our share of funds that comprised Avis Budget, Travelport, Realogy and Wyndham He is a General Counsel expert in running large, multi-jurisdictional and complex recovered from the ensuing actionWorldwide. upon success. litigation cases Once our offer is agreed, we will ask you to signand an closing major corporate transactions. Marius is responsible for providing funding strategies agreement, which sets out the terms of the offer for our corporate clients. as well as our general terms and conditions. The entire process is carried out with DIRECTOR the least possible OF MARKETING bureaucracy. Our aim is to have clear and simple lines VIVIAN BAIRSTOW, of communication, not to tie you up in paperwork. You FCA will be dealing directly with our senior all of accountant and licensed Insolvency Practitioner, is a Fellow of the Vivian,team, a chartered whom are highly experienced in litigation Insolvencyfunding. Practitioners’ Association as well as a Fellow of the Association of Business Recovery Professionals. Vivian is responsible for all aspects of contacts with his fellow insolvency professionals on behalf of Redress Solutions. w w w. re d re s s s o l u t i o n s . co . u k With Redress Solutions you will receive the best service of any litigation funder in the United Kingdom, you will face absolutely no risk and very likely see a significant settlement far sooner than if you had proceeded without our financial support. CHAIRMAN STEPHEN ADAMSON, CBE, CA Stephen, a chartered accountant and former licensed insolvency practitioner, is a past President of the Insolvency Practitioners’ Association as well as of INSOL International. He was an adviser to the UK Government as a non-executive director of the Insolvency Services Executive Agency Steering Board for many years and has also advised the World Bank on relevant projects. Stephen was appointed CBE in the 1999 Birthday Honours for services to the insolvency profession. CHIEF EXECUTIVE MARIUS NASTA, LL.M Marius, a solicitor who qualified with Slaughter and May, went on to set up and run the international legal, compliance and regulatory department of Cendant Corporation. This was a US listed conglomerate that comprised Avis Budget, Travelport, Realogy and Wyndham Worldwide. He is a General Counsel expert in running large, multi-jurisdictional and complex litigation cases and closing major corporate transactions. Marius is responsible for providing funding strategies for our corporate clients. MANAGING DIRECTOR MICHAEL ZUCKERMAN, LL.B.,M.B.A Michael, a solicitor, has a wealth of experience in commercial litigation. As early as 1982, acting for joint liquidators, he was the first United Kingdom solicitor to obtain a freezing injunction against a Swiss bank account. Michael is involved in the assessment of cases offered to Redress Solutions and in supervising the entire litigation process to ensure the best possible outcome. FINANCE DIRECTOR STEPHEN WISEMAN Stephen, a highly experienced business leader with an early background as a solicitor, focuses on the financial analysis of cases presented to Redress Solutions for funding. HEAD OF MARKETING VIVIAN BAIRSTOW, FCA Vivian, a chartered accountant and licensed insolvency practitioner, is a Fellow of the Insolvency Practitioners’ Association as well as a Fellow of the Association of Business Recovery Professionals. Vivian is responsible for all aspects of contacts with his fellow insolvency professionals on behalf of Redress Solutions. WHAT TO DO NEXT? Please contact us by telephone or email in strictest confidence. 62 Grosvenor Street, London W1K 3JF Tel: 020 7499 4301 Fax: 020 7491 0105 w w w. re d re s s s o l u t i o n s . co . u k 62 Grosvenor Street, London W1K 3JF Tel: 020 7499 4301 Fax: 020 7491 0105 Redress Solutions 62 Grosvenor Street, London W1K 3JF Tel: 020 7499 4301 Fax: 020 7491 0105 Marius Nasta - Chief Executive Email: [email protected] Ddi: +44 (0)20 7495 3900 62 Grosvenor Street, London W1K 3JF Tel: 020 7499 4301 Fax: 020 7491 0105 Michael Zuckerman - Managing Partner Email: [email protected] Ddi: +44(0)20 7495 5311 w w w. re d re s s s o l u t i o n s . co . u k
© Copyright 2024