Martingale Risk Provides Highly Specialized Litigation Services in Italy
Our mission is to assist international investors and legal firms in the recovery of financial losses from Italian banks and corporations, by proving the breach of Italian law through our expertise in financial engineering.
Our understanding of the Italian judicial system enables our firm to consistently provide the highest standard of legal and financial performance represented by our track record.
In 2008, Martingale Risk was founded by the current CEO, Dr. Marco Fabio Delzio, after a decade of experience in the banking industry. He served as an Officer within the Banking Supervision Department for Banca d’Italia, Senior Risk Manager for the Bank for International Settlements in Basel, Switzerland, and as Senior Quant/Structurer for OTC Derivatives at Credit Suisse and Citigroup in London, UK.
Today Martingale Risk has offices in Rome and Milan, employing more than 50 quantitative analysts, consultants and administrative professionals, together with 20 lawyers who specialize in banking and financial litigation. The litigation process is based on an in-depth evaluations performed by analysts, who use their expertise to demonstrate banking and investment regulation violations. They work in close contact with lawyers to maximize the chances of success.
Martingale Risk, for its prominent role in the Italian market and the successes obtained in recovering losses, was cited in international newspapers including The Washington Post, The Wall Street Europe and Reuters and by Italian newspapers such as IlSole24Ore, Corriere della Sera and la Repubblica.
Today we are in the position to find the best legal strategy for each specific claim. We have worked on more than 2,000 lawsuits, capitalizing a very deep and extensive knowledge of the Italian courts and their mechanisms.
Our continuous study and analysis of the sentences issued by Italian judiciary, together with the understanding of the procedures in the different courts, gives us the ability to conduct the lawsuits in the most effective way for each court.
As evidence of our success, we have closed 95% of the cases with a settlement or a positive court ruling. These cases have brought an average recovery rate of 68% of the initial claim.
Martingale Risk is fully independent, not linked to any industrial, banking or political group.
Average Loss recovered (of the initial claim)
Our Litigation Process
- Preliminary Evaluation: we will perform a preliminary free evaluation to establish: (i) if the case is suitable for litigation, and (ii) the probability of recovering the estimated loss.
- Mandate: if the case is suitable, we will agree on a mandate for negotiation and litigation where the most of our compensation will be success fee based.
- Analysis and Negotiation: we will perform an in-depth technical analysis on the specific documentation and, based on that, we will negotiate with the counterparty for a reimbursement of the losses.
- Litigation: if the settlement is not reached, we will file the case in front of the Italian courts through our highly experienced lawyers.