Manolete Completes 100th Legal Case – 31st March 2016
To date we have invested in 138 insolvency litigation claims and today saw us complete the 100th of those.
On average, we have completed those 100 cases in just 8.1 months per case. Great testament to our unique model. But there is good reason for this – once defendants appreciate that the IP’s claim is backed by Manolete, they (usually) soon receive good advice from their own solicitors that they would be far better off engaging with us on settlement discussions. A case backed by Manolete will not “go away”. When we back a case, we back it to final completion – be that at an early mediation or a prolonged process through to the Supreme Court. Most defendants see commercial sense in early constructive engagement, rather than endless legal bills.
Many thanks to all the tremendous IPs and their brilliant legal teams who have helped us achieve this important milestone. The fabulous returns to creditors that we have all helped to generate is a source of great pride and the ultimate proof of what we do.