ALFA provided Greenfield Construction with a comprehensive legal funding solution tailored to their needs. The funding package included:

1. Capital Advance: ALFA provided an upfront capital advance of $2 million to cover the immediate costs of the litigation, including attorney fees, forensic accounting services, expert witness costs, and other necessary expenses.
2. Non-Recourse Financing: The funding was structured as non-recourse, meaning Greenfield would only repay if they won or settled the case favorably. This significantly reduced the financial risk for Greenfield.
3. Risk Assessment: ALFA's team conducted a thorough risk assessment of the case, offering Greenfield valuable insights into the strengths and potential challenges of their legal strategy.

Use of Funds

The $2 million in funding provided by ALFA was allocated as follows:

1. Legal Fees: $1 million was allocated to cover the fees of a top-tier legal team specializing in insolvency cases.
2. Forensic Accounting: $500,000 was used to hire forensic accountants to uncover and document the financial discrepancies and asset locations.
3. Expert Witnesses: $300,000 was set aside for expert witnesses to provide testimony on financial matters and industry standards.
4. Discovery and Documentation: $200,000 was allocated for discovery processes, including the collection and analysis of evidence and documentation.

Results

With ALFA's support, Greenfield Construction was able to pursue their insolvency case without compromising their financial stability or operational efficiency. The key outcomes included:

1. Effective Risk Management: The non-recourse nature of the funding minimized Greenfield's financial risk, allowing them to proceed with the case confidently.
2. Improved Cash Flow: The capital advance ensured that Greenfield had the necessary funds to cover litigation expenses without diverting resources from their core operations.
3. Favorable Judgment: The case was resolved in Greenfield's favor, resulting in the recovery of significant assets that compensated for their losses and covered the costs of the litigation.
4. Financial Stabilization: By successfully navigating the insolvency dispute, Greenfield was able to stabilize their financial position and continue focusing on their construction projects and growth.