We are delighted to announce that last week we signed our 100th insolvency litigation case.
To celebrate this important milestone, we have made a £1,000 donation to The Tear Fund http://www.tearfund.org/ – the charity nominated by Coffin Mew Solicitors and IP firm, Stonham .Co, who referred the 100th case to us.
Looking across the 100 cases: the claims range from small Director’s Loan Account recoveries of just £20,000 through to major claims against Insurance Companies and Government Organisations for £10-20m and above. The average case size is around £150,000. On average it takes us a little over 6 months to close cases. Many of the smaller cases are typically settled in just a few weeks.
Probably the most startling statistic is that Manolete Partners has never lost a single case. Across all 100 cases we have never paid a single penny towards the other side’s costs, nor have we ever had to call on an ATE policy (which we use very rarely – just three times over the 100 cases).
We would like to thank the many hundreds of Insolvency Practitioners, and their hard-working staff, and Insolvency Solicitors who have worked with us to date.
We look forward to continuing the tremendous work we do together with you all.