A company was facing financial difficulties stemming from a contract breach by its largest client, a listed company. Although the case had good chances of success, the company was going to run out of cash to pay its employees in the short term. Its client was aware of the situation and therefore was not incentivized to reach an agreement.
Solution
Claimbnb provided the capital necessary to sustain the client’s operations and avoid bankruptcy, as well as to cover the costs of litigation, both legal counsel and economic experts who quantified the claim
Result
The defendant realized that the plaintiff was working with a financial partner with sufficient liquidity to confront the litigation, and in the light of plaintiff’s strong likelihood of success, opted to settle just 3 months after Claimbnb’s investment.