Throughout its existence, DRS has actively supported 30 recovery cases in 11 different jurisdictions. Of those 30 cases, 18 have come to a conclusion and 12 are still pending. In 83.3% of all concluded cases DRS’ clients achieved a positive recovery, which means that 16.7% of all concluded cases ended with a zero outcome. The average recovery ratio was 40% (median: 41.9%). The average duration of all concluded cases was 5.1 years.
DRS believes that its track record reflects its careful selection of cases and prudent assessment of risks, which we believe are vital to the long-term sustainability of the business. We also recognize, however, that recoveries depend on various factors that are often beyond our or our clients’ control. Although we continue to strive to achieve the best possible outcome for our clients, our past performance cannot be considered as indicative of future recovery ratios.