M&A-related breach

Problem

An M&A broker had suffered a non-payment in a transaction he brokered due to the lack of formalization of the services contract. The broker had previously suffered another non-payment of fees and therefore needed liquidity as well as financing to cover the costs related to the litigation

Solution

Claimbnb structured an investment that:

Allowed the individual to hire the best legal counsel
Monetized a large portion of the claim

Result

The plaintiff had access to the best legal counsel to litigate without bearing any cost. He was also able to monetize a portion of the claim while retaining upside in case of favorable ruling. However, the case was lost in the first instance, so the plaintiff collected an amount thanks to the monetization of the claim that would not have been possible without Claimbnb’s support