Failed American property investment - recouping costs

Type: Personal 

Sector: Property investment

Amount: £138,000

The problem

This claim arose out of a failed property investment by a UK couple, towards a new development in the USA. The claim was against either the US developer and/or the UK property brokerage. Having transferred the investment monies, the development was never progressed. The couple chased the return of their monies without success for two years.

How Escalate helped

Upon engaging us, the Escalate team managed to secure the return of the couple’s full investment plus costs within two months.

The key to recovery was establishing that the monies never in fact left the accounts of the brokerage in the UK, and then applying pressure to the brokerage to force their return.

 

CONTACT US

Contact Us to find out more about how Escalate can help your business.

Our registered address:
36 High Street, Market Harborough,
Leicestershire LE16 7NL

Capitalise Business Solutions Limited -
Company No : 10381993

A defective flooring product leaves client exposed to multiple claims

Type: Defective productSector: ManufacturingAmount: £3 millionA flooring company had purchased products from a well-known supplier of cementitious materials. The product was defective, which resulted in the customers’ floors failing after a short period. The company was faced with significant claims from many of its clients, and wanted to recover the value of those claims and its other losses from the supplier.The problemThe client did not have the financial resources to be able to pursue such a significant claim against a large multi-national company – and the defendant knew this.  It attempted to delay the process and force the claimant to incur further costs so it had no option but to drop the claim or settle it quickly.How Escalate helpedOnce engaged, we quickly moved to issue and serve proceedings.  The supplier has continued to delay, but is now receiving a very simple message – the more you delay, the more it will cost you. The claimant, meanwhile, has no financial risk as its costs have been agreed with Escalate up front.OutcomeThe case was won after going to court in early 2019, with the claimant’s costs paid for by Escalate and a settlement figure agreed.What the client had to say“Thank you Rob and thank you Mark. You and the Moore Blatch team really took this to them and did not waiver.  Escalate is a truly game changing product and has enabled us as a mere minnow to swim with sharks and hold them to account.  You have given us a chance to carve out a future that would have otherwise been very difficult and would have no doubt meant the end of our business.  You have no idea what this means for my family and the families of Kevin and Jim. I am eternally grateful”.“Escalate allowed me to sleep at night again”.

CONTACT US

Contact Us to find out more about how Escalate can help your business.

Our registered address:
36 High Street, Market Harborough,
Leicestershire LE16 7NL

Capitalise Business Solutions Limited -
Company No : 10381993