Quantum claim in a final ruling against a city council
Client
Real estate company
Type of lawsuit:
Quantity claim
Solutions:
Monetization
Problem
A real estate company had a favorable final ruling with a recognized amount due by a Spanish municipality. The municipality had defaulted on its payment obligation and the ruling was being enforced. The real estate company needed cash in order to make an investment and could not wait for the collection of the payment from the municipality
Solution
Claimbnb monetized to the real estate company a significant part of the award to be collected in a few years, bearing the risk of time and solvency of the municipality
Result
The real estate company had an early monetization event, not having to wait for the payment of the appraisal, and secured a minimum amount without bearing the risk of the appraisal