Case Study: Somerset Capital accelerates out-of-court resolution with Valid8 Financial

Somerset Capital - Customer Case Study

Somerset Capital, a financial firm, faced a challenge with a Colorado cannabis business client. Because federal law prohibits cannabis businesses from filing for Chapter 11 bankruptcy, the business was placed in a failing receivership, creating disputes. The operation was complex with multiple entities, minimal cash, and disorganized financial records. Somerset Capital needed to quickly resolve the situation without the luxury of time for lengthy litigation. They turned to Valid8 Financial for a solution.

Using Valid8's transaction extraction and transfer matching capabilities, Somerset Capital uploaded documents and quickly identified missing statements, traced funds, and quantified what was owed. This analysis, which would have been impossible manually in a reasonable timeframe, identified additional assets and provided clarity. As a result, attorneys were able to use the evidence to work out a swift settlement, avoiding complex litigation and accelerating the outcome for all parties involved.

Somerset Capital