Alliance agreement  BRAGARD / DEMINOR Recovery Services

BRAGARD is proud to announce its recent cooperation and alliance agreement with the European firm DRS Belgium (Deminor, www.deminor.com). Through this agreement, BRAGARD becomes Deminor´s representative office in Latin America and the main point of contact for its present or future clients in the region. In this way, Deminor expands its scope of services to Latin America and confirms its objective of granting financing to local cases in the region.

DRS assists private individuals, corporations and institutional investors from across the globe with recovering their economic losses caused by various types of misconduct. Typical situations include dissemination of false information, market abuse, violation of corporate, securities and anti-trust laws, breach of contract, bankruptcy or similar types of conduct.

Deminor is the leader in the European field of loss recovery. With more than 25 years of experience in the area, Deminor has actively supported 32 recovery cases in 12 different jurisdictions both in Europe and Asia. In 83.3% of all concluded cases Deminor’ clients achieved a positive recovery. The average recovery ratio was 40% (median: 41.9%).

With this agreement, our firm incorporates a new line of services, unique and innovative for the region. We trust our agreement with Deminor will become a long-term alliance, committed to the ultimate goal of obtaining fair compensation to those investors who suffered losses due to illegal conducts in the market.