A few words from our CEO.
I am delighted and honoured to have been asked to serve on the board of the Caresso Law group by its shareholders. My 25+ years in litigation and legal insurance underwriting, funding and operating high tech companies - including operating and helping to design and build two licensed 3G mobile core networks - places me in a unique position to drive rollout of this lawtech business forward for the benefit of all present and future clients.
CEO, Caresso Law (International) Ltd
Caresso Law (Litigation SPV) Protected Cell Company Limited (incoporating Caresso Law (EU Litigation Fund) Cell, a wholly owned cell of, and operated and represented by, Caresso Law (Litigation SPV) Protected Cell Company Limited).
A few words from our FD.
I am by qualification a Chartered Account and the regulatory compliance officer (as required by the Guernsey Financial Services Commission). My career, including with a 'big four' firm, combined with audit, assurance and tax experience across a number of sectors including fiduciary, insurance, investment funds, retail, tourism, eGaming and charity places me in the exciting role of managing the financial aspects of Caresso Law's litigation funding operations.
Tony Veillard FCA
FD, Caresso Law (Litigation SPV) Protected Cell Company Limited (incoporating Caresso Law (EU Litigation Fund) Cell, a wholly owned cell of, and operated and represented by, Caresso Law (Litigation SPV) Protected Cell Company Limited).
A unique legal proposition spanning the EU and British Isles
Caresso Law is unique: a consortium of litigation Law Firms, a litigation funder/underwriter, coupled with a totally bespoke, sophisticated artificial intelligence litigation platform which, lets not forget, also incorporates what is understood to be the worlds first Service Level Agreement that will pay out 100% of invoices that - its solicitors having agreed to take to court - it fails to recover.
why choose us?
Caresso Care, our full sales ledger credit control service, which incorporates our stand-alone Caresso Law Debt Litigation service, is effectively free of charge to you**. Taking the financial pressure off your business, and getting your debts paid.
If we have to escalate, or litigate an invoice, it is automatic, and we cover all court costs, legal fees & disbursements, so you don't have to. We even cover the debtor's costs, should we unexpectedly lose. No more charges to send solicitors letters or issue proceedings.
When our solicitors litigate a invoice, we pay you 100% of whatever they recover against the original invoice value*. We also pay you 100% of invoices we fail to recover, through our unique SLA.* That's unique!
There is no debt collectors' commissions to pay. No solicitors' disbursements, court costs, upfront payments, or risk.*
Caresso Law offers you a truly unique service driving value to your business through the use of our totally unique digital platform.
With over a quarter of a million overdue invoices instructed to date, and counting, you too can be sure your unpaid invoices from just £/€ 1.00 upwards are in safe hands.
We have deployed our own proprietary and highly-sophisticated anti-money-laundering compliance system, conducting all necessary checks digitally, and more importantly invisibly, in the background. This means that you won't get bogged down with arduous identification and checks (up to £50,000 per debt).
Augmented intellgiegnce platform.
Upload & litigate immediately
Our unique, self learning - and self healing, lawtech platform leverages AI and automation to enhance our regulated solicitors cognitive performance and, therefore, their overall ability to obtain optimum results for you and your business.
Fully digital and 100% online.
No fussy paperwork
Upload your B2B undisputed invoices, and avoid wasting valuable time explaining your case - we will review and automatically action your case immediately.
Technology delivering justice.
100% SLA backed performance
Our self-service platform allows you to monitor your cases in real-time, anywhere in the world. Just sit back and await direct settlement from our solicitors client account.
And now a few words from a corporate client:
"As a large multi-national tech group, we have our fair share of unpaid debt. We were introduced to Caresso Law and successfully use their unique digital platform to recover tens of thousands of debts, and we can't recommend them highly enough."
Source: Smartfrog International
The small print explained.
*Our unique schemes have been developed principally for the recovery of undisputed business-to-business invoice debts that relate exclusively to the supply of goods and/or services, however we will - for an additional 'risk fee' - consider disputed UK debts generally over £25,000 ("Debt"). Any registered business, or partnership, can sign up. Our solicitors seek to recover their cost's directly from the debtor pursuant to EU & UK legislation. We retain interest & statutory late payment charges to cover the cost and risk of providing our service and SLA in which we also 'guarantee' the payment of Debt (but not a disputed debt) below £/€ 5,000 where our solicitors, having agreed to take to court, fail to make a recovery - save as for where the debtor is, or appears to be, insolvent.
We will pay you 100% of invoices we recover subject to our SLA, which excludes insolvency litigation, disputed and aged debts which will be subject to a 25% fee for debts over 1 year old, and 35% for debts over 2 years or where they are disputed.
If we fail to make a recovery and are unable to proceed your matter to court, we will simply re-assign the invoice to you, and you will not have anything to pay.
**All risk in the legal costs, court costs, hearing fees, counsel and expert fees, disbursements and the like, along with those of the debtor should we lose, typically rest with Caresso Law whose Specialist Purpose Litigation Vehicle ("SPV") takes a legal assignment of Debt(s) and litigates them in its own name, and at its own risk, standing in your shoes as the claimant and taking said risk. We and instructed solicitors will waive all costs (along with any unrecovered costs) in the event that your claim is unsuccessful and you will not be required to pay back any litigation funding facility provided by Caresso Law provided to you unless you have deliberately misled us, the SPV, the court, the appointed solicitor or any expert or you otherwise fail to cooperate.
There must remain reasonable merit and prospect of success (at our absolute sole discretion) at all times for us to commence and/or continue litigation. Full Terms and Conditions provided when you use our service(s).
This means that you can take full comfort that in the event that we fail to make a recovery, or lose the case, provided you have complied you will not have anything to pay.