Working with the Consortium
The Consortium shoulders the financial risk associated with each project, and thereby offers claimants a complete solution, including financing, project management, legal, investigative, forensic accounting, and other professional services to allow for the pursuit of legal claims and asset recovery projects.
Throughout the process of working with GARC, the claimant does not pay the Consortium until a successful monetization of its legal claims occurs or an asset is successfully recovered. However, the claimant will be involved at an early stage of the project to agree upon a detailed project management and asset recovery plan. The claimant will then remain fully informed through regular updates from the Consortium.
The interests of the claimant and the Consortium remain in complete alignment throughout the entirety of a project. Upon successful completion of the project, the Consortium will receive a percentage of any judgement or award received or assets recovered for a claimant.
The success fee typically depends on the specific factors of each engagement, including but not limited to the complexity of the legal claim, the estimated time to monetization, the estimated cost to monetization, and the nature of the assets being pursued.