Expertise in Loan Administration

24 March 2023

Martello were instructed on behalf of two insurance companies, to provide an expert witness report relating to loan administration in Ireland over a certain period of time regarding a corporate liability policy.

 

The expert work involved a short report explaining standard banking practice in loan administration during the period as well as setting out how the administration differs depending on the different types of loan facilities. The analyst team was used as a sounding board for the clarity of the expert’s explanations as well as assisting in the formatting and referencing of the report.

 

The expert report was followed by a joint statement and supplementary report which assisted the legal team in achieving a settlement prior to attending court.