Our team of expert litigators, insurers and funders will take the whole financial risk of litigation
Or call our team today on 01766 772288
High-value, cross-border claims can be lengthy, complex, expensive to launch, with potentially serious adverse cost implications – unless properly and professionally handled.
Sometimes the risk involved with such proceedings is simply too high. CCICM has developed an innovative solution to meet precisely this challenge. We have created a team of expert litigators, insurers, and funders who will take the whole financial risk of litigation upon ourselves. This solution is ideal for claims where they may be risk of a successful defence, or where the creditor simply lacks the funds to pursue the claim. Essentially it is a no-win no-fee litigation service.
All legal, management, and enforcement costs are fully-funded, so you pay no up-front or ongoing fees.
It is risk-free. Unless we collect the monies owed, there is no cost.
We are incentivised to succeed. Because we are only paid from recovered funds, it is very much in our interests to ensure we recover all that is recoverable. Clients appreciate the fact that we are financially-invested in the outcome.
You benefit from our expertise. CCICM works with the best professional litigators, arbitrators, and investigators in the relevant fields to ensure the best possible outcome.
CCICM is able to locate and freeze assets all over the world.
Our panel has recovered hundreds of millions of USD against sovereign, and state-owned entities, as well as private organisations.
CCICM analyse the merits of a claim and the likely prospects of success. At the same time we make an assessment of the probable cost of litigating the case from commencement through to recovery.
We work with specialist funders to create the right funding package for each specific case. Our collective experience enables us to accurately assess risk, which results in very competitive pricing.
To ensure that the litigation is genuinely risk-free, we secure an “after the event” (ATE) insurance policy which ensures that you pay no legal costs, including those of the other side.
We make a pricing proposal which includes two fees – the cost of funding the case and the cost of managing the case. All fees are payable out of recovered funds. Our fee is a percentage of the sum recovered after all costs have been deducted. It is therefore in our interests and yours to ensure that the most cost-efficient route to recovery is pursued.
In our experience, there is no point litigating unless there is a clear strategy to turn the judgment into an enforceable award with sufficient realisable assets to enforce against. We work together to develop a clear strategy, using our expert investigators, to identify assets all over the world. Once we are in a position to proceed, we will typically engage one large international law firm with sector expertise who will work in conjunction with local counsel. This allows us to maintain quality and to control costs.
We release the funds and commence the process. This is your case and you remain in charge throughout. Our lawyers are there to manage the litigation process, but you will be consulted on all material developments. Our aim is simply to assist you to secure the maximum payment in the shortest possible time.
All of our law firms are selected on the basis of their expertise in the relevant field and their position in the marketplace.
Our funded solution always includes a clear strategy to monetise the award or judgment. Usually we identify assets before litigation commences and monitor them throughout the process, so that we can freeze them when we need to. Our ability to locate and freeze assets globally is among the key reasons we are successful.
You decide at what stage the case concludes. We do not tell you how much to accept on a settlement offer or that you must proceed for the whole sum. Once there is an acceptable level of repayment, we then charge our fee.
CCICM’s panel of experts has recovered hundreds of millions of $US against sovereign, quasi-sovereign, and state-owned entities, as well as private organisations.
Trade Credit Insurance and Sales Manager
Chief Representative Officer – China
+44 (0) 1766 771902