I have worked in the insolvency industry for 18 years and spent over 15 years working on a wide range of contentious insolvencies. These have included investigating and pursuing preference claims, misfeasance claims, breach of duty, transactions at undervalue, wrongful trading and many more from formulating the claim to settlement.

I know from talking to a wide range of professionals in the industry that there are frustrations with the litigation space. Often Office holders are presented with good claims but have no funds, there is an uncertainty of outcome, creditors unwilling to fund, expensive litigation funding options or maybe a lack of experience or protocol in this area. Some default to the conventional litigation funding model of assigning the claim for an initial payment upfront and then 50% of net recoveries, risking selling some claims too cheaply and not maximising the potential return for creditors.

I’m confident that the years of expertise, flexibility and completely bespoke offerings of Griffins will go a long way in offering alternatives to Insolvency Practitioners.