Our Services
Strategic Recovery Fund based in London, provide professional services all over Europe, ensuring a job well done for both the local community we serve and on a multinational scale.
Asset Recovery
Asset recovery is the process of locating, reclaiming, and repurposing assets (such as financial resources, property, or other valuables) that have been lost, misappropriated, or hidden. We carry out this process to assist companies, governments, or financial institutions to recover assets in cases of fraud, financial mismanagement, or when assets have been illicitly removed or concealed.
Our key steps in asset recovery.
Asset Tracing: Identifying and locating assets that have been misappropriated, hidden, or transferred to third parties.
Investigation: Conducting thorough forensic audits and investigations to uncover the origin and movement of assets.
Seizing or Freezing Assets: Taking legal action to freeze or seize assets in order to prevent their further transfer or disposal.
Liquidation or Return: Recovering and converting assets to cash (e.g., liquidating property) or returning assets to their rightful owners.
Asset recovery is an essential practice for ensuring accountability and returning value to victims of financial crimes, mismanagement, or insolvency. It can be a complex and time-consuming process, often requiring both legal and investigative expertise.
Financial Claims
Financial claims is when we make legal demands or assertions on behalf of a person or entity to receive money or compensation for an owed debt,investment, financial loss, or obligation. These claims can arise in a variety of contexts, including contractual disputes, bankruptcy, insurance and investment claims.
Types of claims we pursue.
Claims for Compensation or Reimbursement
These claims arise when a person or entity seeks reimbursement or compensation for expenses incurred on behalf of another party.
Debt Claims
These arise when a party (the creditor) claims that another party (the debtor) owes them money due to an outstanding loan, credit agreement, or other financial obligations.
Claims in Bankruptcy or Insolvency
In cases where a business or individual declares bankruptcy, creditors file financial claims to recover a portion of what they are owed from the debtor's remaining assets.
The claims are prioritized based on the type of debt (secured vs. unsecured) and the legal framework governing the bankruptcy process.
Key areas to understand when making a claim
Secured vs. Unsecured Claims
Secured Claims: These claims are backed by collateral (e.g., a mortgage or car loan). If the debtor doesn’t pay, the creditor can seize the collateral.
Unsecured Claims: These claims are not backed by collateral (e.g., credit card debt). If the debtor doesn’t pay, the creditor has limited recourse and may need to go through legal action.
Priority of Claims
In cases like bankruptcy, claims are ranked in order of priority. For example, secured creditors are typically paid first, followed by unsecured creditors, and then shareholders.
Claim Deadline (Statute of Limitations)
There is often a time limit within which a financial claim must be filed, known as the statute of limitations. If a claim is not filed within the prescribed time frame, the right to recover may be lost.
Summary
Making financial claims without knowledge, experience or direction is not a positive experience. Strategic Recovery Fund have all of the aboce and more, and are therefore best equipped to make these claims for you. Discuss it with our team today to see how we can help.
Financial Recovery
Financial recovery is a complex and multifaceted process aimed at returning misappropriated, lost, or hidden funds to their rightful owners. It often involves a combination of legal, investigative, and negotiation efforts, and can be essential for individuals and companies facing financial wrongdoing, misrepresentation or mis-selling. Our legal team specialising in financial recovery and fraud law help guide the legal proceedings for our clients
Common Scenarios for Financial Recovery.
Fraud or Theft: Reclaiming money or assets taken through illegal actions.
Bankruptcy: Recovering funds from a debtor’s estate in case of insolvency.
Investment Disputes: Addressing losses caused by wrongful investment practices or breach of fiduciary duty.
Inheritance Claims: Recovering assets tied up in estate disputes. Reclaiming Mismanaged Funds:
If assets were lost due to mismanagement (e.g., by a financial advisor or institution), efforts may focus on recovering misallocated investments or funds.
If you need help with any of the above, contact our friendly team for a free consultation today.