The eligibility for availing the credit facility option lies with the matters of the claim value.
The Credit Facility is in charge for the financial facility and determines which claims are eligible based on specific terms and conditions. The initial report is prepared by the committee, who analyses the documents and data supplied by the client, evaluate the documents and the matter,and associate who conducts the due diligence,screen the defendant's profile,reputation and business record.
The Department combines professionals of financials and lawyers with significant experience in value the matter, screening, analyse it precisely target to the ratio of strength and weakness. The eligibility for availing the credit facility option lies with the matters of the claim value more than UAE Dirhams one million for the cases relevant to commercial matters.
The “RAALCsurance” is a newly established facility where in legal insurance in afforded for matters of compliance for avoiding forthcoming or potential disputes and litigation. The facility is devised to avoid lengthy litigation process. The eligibility for the facility ranges from audit of the business documents, verification of the case file and the documentary details, list of matters and much more. It provides surety for reducing the ratio of the disputes upto 95%. RAALCsurance is classified as Gold, Platinum and Silver packages with specific benefits.
RAALC offers taking up assignments on contingency basis, i.e. no-win no-fee only in matters related to recovery of the outstanding debts. A detailed audit of the business is conducted and the clients have to fulfil the requisite terms and conditions in order to be eligible for the Contingency Facility.
We set the highest standards in ethics and work in a timely and efficient manner to provide you with the best legal advice possible. We strive to deliver effective legal solutions tailored to the client’s requirements and needs within the selected practice area. We aim to expand our services and expertise across the globe while refining our techniques and capabilities with evolving technological advancement.
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