<\/span><\/h2>\n\n\n\n\u7b2c\u4e09\u65b9\u8bc9\u8bbc\u8d44\u52a9\u7684\u4ea4\u6613\u7ed3\u6784\u5e76\u975e\u5355\u4e00\u6216\u6807\u51c6\u5316\uff0c\u800c\u662f\u6839\u636e\u5177\u4f53\u6848\u4ef6\u7684\u6027\u8d28\u3001\u5f53\u4e8b\u4eba\u7684\u9700\u6c42\u3001\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u98ce\u9669\u504f\u597d\u4ee5\u53ca\u4e0d\u540c\u6cd5\u57df\u7684\u6cd5\u5f8b\u4e0e\u7a0e\u52a1\u73af\u5883\uff0c\u5448\u73b0\u51fa\u9ad8\u5ea6\u7684\u7075\u6d3b\u6027\u4e0e\u591a\u6837\u6027\u3002\u5728\u5b9e\u9645\u64cd\u4f5c\u4e2d\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u4e0e\u5f53\u4e8b\u4eba\u901a\u5e38\u56f4\u7ed5\u4ee5\u4e0b\u51e0\u4e2a\u6838\u5fc3\u7ef4\u5ea6\u8bbe\u8ba1\u4ea4\u6613\u7ed3\u6784\uff0c\u5e76\u901a\u8fc7\u5177\u4f53\u6761\u6b3e\u660e\u786e\u53cc\u65b9\u6743\u5229\u4e49\u52a1\u4e0e\u98ce\u9669\u5206\u914d\u3002<\/p>\n\n\n\n
1.\u501f\u8d37\u6a21\u5f0f\uff08Loan\uff09 vs. \u8d2d\u4e70\u6a21\u5f0f\uff08Purchase\uff09<\/h3>\n\n\n\n
\u5728\u4f17\u591a\u8d44\u52a9\u4ea4\u6613\u4e2d\uff0c\u6700\u5e38\u89c1\u7684\u521d\u59cb\u7ed3\u6784\u662f\u5c06\u8d44\u52a9\u884c\u4e3a\u89c6\u4e3a\u4e00\u79cd\u8d37\u6b3e\uff08Loan\uff09\uff0c\u5373\u8d44\u52a9\u65b9\u5411\u5f53\u4e8b\u4eba\u63d0\u4f9b\u4e00\u5b9a\u91d1\u989d\u7684\u8d44\u91d1\uff0c\u7531\u5f53\u4e8b\u4eba\u5728\u672a\u6765\u6309\u7167\u7ea6\u5b9a\u507f\u8fd8\u672c\u91d1\u4e0e\u5229\u606f\uff0c\u4ece\u800c\u5728\u53cc\u65b9\u4e4b\u95f4\u5f62\u6210\u6e05\u6670\u7684\u503a\u6743\/\u503a\u52a1\u5173\u7cfb\uff08Creditor\/Debtor Relationship\uff09\u3002<\/p>\n\n\n\n
\u5728\u8fd9\u79cd\u6a21\u5f0f\u4e0b\uff0c\u8bc9\u8bbc\u7684\u9884\u671f\u6536\u76ca\u901a\u5e38\u4f5c\u4e3a\u8d37\u6b3e\u7684\u201c\u62c5\u4fdd\u201d\u6216\u201c\u62b5\u62bc\u54c1\u201d\uff0c\u5373\u5f53\u4e8b\u4eba\u627f\u8bfa\u4ee5\u8bc9\u8bbc\u80dc\u8bc9\u6216\u548c\u89e3\u6240\u83b7\u8d44\u91d1\u4f18\u5148\u507f\u8fd8\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u51fa\u501f\u6b3e\u9879\u3002<\/p>\n\n\n\n
\u7136\u800c\uff0c\u5f53\u8d37\u6b3e\u534f\u8bae\u88ab\u8bbe\u8ba1\u4e3a\u201c\u65e0\u8ffd\u7d22\u6743\uff08Non-Recourse\uff09\u201d\uff0c\u5373\u5f53\u4e8b\u4eba\u4ec5\u5728\u6848\u4ef6\u80dc\u8bc9\u6216\u8fbe\u6210\u548c\u89e3\u65f6\u624d\u6709\u4e49\u52a1\u507f\u8fd8\u8d44\u91d1\uff0c\u800c\u5728\u8d25\u8bc9\u65f6\u65e0\u9700\u8fd4\u8fd8\u4efb\u4f55\u5df2\u652f\u4ed8\u6b3e\u9879\u65f6\uff0c\u8fd9\u7c7b\u5b89\u6392\u5728\u6cd5\u5f8b\u6027\u8d28\u4e0a\u53ef\u80fd\u4e0d\u518d\u7b26\u5408\u4f20\u7edf\u201c\u8d37\u6b3e\u201d\u7684\u5b9a\u4e49\u3002\u539f\u56e0\u5728\u4e8e\uff1a<\/p>\n\n\n\n
(1)\u8d37\u6b3e\u7684\u672c\u8d28\u7279\u5f81\u662f\u201c\u65e0\u6761\u4ef6\u5730\u627f\u62c5\u8fd8\u6b3e\u4e49\u52a1\u201d\uff0c\u5373\u65e0\u8bba\u7ed3\u679c\u5982\u4f55\uff0c\u501f\u6b3e\u4eba\u5747\u6709\u4e49\u52a1\u8fd8\u672c\u4ed8\u606f\uff1b<\/p>\n\n\n\n
(2)\u800c\u65e0\u8ffd\u7d22\u6743\u878d\u8d44\u7684\u6838\u5fc3\u5728\u4e8e\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u56de\u62a5\u5b8c\u5168\u4f9d\u8d56\u4e8e\u8bc9\u8bbc\u7ed3\u679c\uff0c\u5f53\u4e8b\u4eba\u5728\u8d25\u8bc9\u65f6\u65e0\u9700\u627f\u62c5\u4efb\u4f55\u8fd4\u8fd8\u8d23\u4efb\uff0c\u8fd9\u4e0e\u201c\u503a\u52a1\u201d\u7684\u6cd5\u5f8b\u5b9a\u4e49\u5b58\u5728\u672c\u8d28\u533a\u522b\uff1b<\/p>\n\n\n\n
(3)\u90e8\u5206\u56fd\u5bb6\uff08\u5305\u62ec\u7f8e\u56fd\uff09\u7684\u9ad8\u5229\u8d37\u6cd5\uff08Usury Laws\uff09\u5bf9\u8d37\u6b3e\u5229\u606f\u8bbe\u6709\u4e25\u683c\u4e0a\u9650\uff0c\u82e5\u8d44\u52a9\u5b89\u6392\u88ab\u8ba4\u5b9a\u4e3a\u8d37\u6b3e\uff0c\u53ef\u80fd\u89e6\u53d1\u5408\u89c4\u95ee\u9898\u3002<\/p>\n\n\n\n
\u56e0\u6b64\uff0c\u4e3a\u907f\u514d\u6cd5\u5f8b\u5b9a\u6027\u4e89\u8bae\u4e0e\u6f5c\u5728\u76d1\u7ba1\u98ce\u9669\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u4e0e\u5f53\u4e8b\u4eba\u5f80\u5f80\u9009\u62e9\u5c06\u4ea4\u6613\u7ed3\u6784\u660e\u786e\u8868\u8ff0\u4e3a\u5bf9\u201c\u672a\u6765\u8bc9\u8bbc\u6536\u76ca\u201d\u7684\u76f4\u63a5\u8d2d\u4e70\uff08Purchase\uff09\uff0c\u800c\u975e\u4f20\u7edf\u610f\u4e49\u4e0a\u7684\u8d37\u6b3e\u3002\u8fd9\u79cd\u7ed3\u6784\u4e0d\u4ec5\u80fd\u591f\u89c4\u907f\u9ad8\u5229\u8d37\u6cd5\u89c4\u5236\uff0c\u4e5f\u66f4\u80fd\u53cd\u6620\u8d44\u52a9\u4ea4\u6613\u201c\u98ce\u9669\u5171\u62c5\u3001\u6536\u76ca\u5171\u4eab\u201d\u7684\u672c\u8d28\u5c5e\u6027\u3002<\/p>\n\n\n\n
2.\u9884\u4ed8\u8fdc\u671f\u8d2d\u4e70\u534f\u8bae\uff08Prepaid Forward Purchase Agreements\uff09<\/h3>\n\n\n\n
\u5728\u67d0\u4e9b\u60c5\u51b5\u4e0b\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u867d\u7136\u4ee5\u201c\u8d2d\u4e70\u201d\u6a21\u5f0f\u63d0\u4f9b\u8d44\u91d1\uff0c\u4f46\u4ecd\u53ef\u80fd\u9762\u4e34\u6cd5\u5f8b\u4e0e\u7a0e\u52a1\u4e0a\u7684\u6f5c\u5728\u6311\u6218\u2014\u2014\u7279\u522b\u662f\u5f53\u4ea4\u6613\u88ab\u8ba4\u5b9a\u4e3a\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u76f4\u63a5\u53d6\u5f97\u4e86\u8bc9\u8bbc\u4e3b\u5f20\u672c\u8eab\uff08\u5373\u7d22\u8d54\u6743 Claim Itself\uff09\uff0c\u800c\u4e0d\u4ec5\u4ec5\u662f\u672a\u6765\u6536\u76ca\u7684\u6743\u5229\u65f6\uff0c\u53ef\u80fd\u5f15\u53d1\u4ee5\u4e0b\u95ee\u9898\uff1a<\/p>\n\n\n\n
(1)\u7a0e\u52a1\u5904\u7406\u590d\u6742\u5316\uff1a\u67d0\u4e9b\u6cd5\u57df\u53ef\u80fd\u5c06\u6b64\u7c7b\u4ea4\u6613\u89c6\u4e3a\u76f4\u63a5\u8d44\u4ea7\u8f6c\u8ba9\uff0c\u4ece\u800c\u5f71\u54cd\u6536\u76ca\u786e\u8ba4\u65f6\u70b9\u4e0e\u7a0e\u52a1\u6210\u672c\uff1b<\/p>\n\n\n\n
(2)\u8bc9\u8bbc\u63a7\u5236\u98ce\u9669\uff1a\u82e5\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u88ab\u8ba4\u4e3a\u62e5\u6709\u5bf9\u8bc9\u8bbc\u672c\u8eab\u7684\u76f4\u63a5\u6743\u76ca\uff0c\u53ef\u80fd\u88ab\u5377\u5165\u8bc9\u8bbc\u63a7\u5236\u6743\u7684\u4e89\u8bae\uff0c\u751a\u81f3\u5f71\u54cd\u6848\u4ef6\u672c\u8eab\u7684\u63a8\u8fdb\u3002<\/p>\n\n\n\n
\u4e3a\u964d\u4f4e\u4e0a\u8ff0\u98ce\u9669\uff0c\u5927\u91cf\u8d44\u52a9\u4ea4\u6613\u91c7\u7528\u201c\u9884\u4ed8\u8fdc\u671f\u8d2d\u4e70\uff08Prepaid Forward Purchase\uff09\u201d\u7ed3\u6784\uff0c\u5176\u6838\u5fc3\u7279\u5f81\u5305\u62ec\uff1a<\/p>\n\n\n\n
(1)\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u524d\u671f\u652f\u4ed8\u7684\u8d44\u91d1\u88ab\u89c6\u4e3a\u201c\u9884\u4ed8\u6b3e\uff08Prepayment\uff09\u201d\uff0c\u800c\u975e\u5373\u65f6\u8d2d\u4e70\u6536\u76ca\uff1b<\/p>\n\n\n\n
(2)\u5b9e\u9645\u7684\u6536\u76ca\u8f6c\u8ba9\u6216\u7ed3\u7b97\u4e49\u52a1\uff0c\u63a8\u8fdf\u81f3\u8bc9\u8bbc\u8d54\u507f\u91d1\u5b9e\u9645\u5230\u8d26\u7684\u672a\u6765\u67d0\u4e00\u65f6\u95f4\u70b9\uff1b<\/p>\n\n\n\n
(3)\u901a\u8fc7\u8fd9\u79cd\u8bbe\u8ba1\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u65e2\u4fdd\u7559\u4e86\u5bf9\u672a\u6765\u6536\u76ca\u7684\u671f\u5f85\u6743\uff0c\u53c8\u907f\u514d\u4e86\u5728\u8bc9\u8bbc\u8fdb\u884c\u671f\u95f4\u88ab\u8ba4\u5b9a\u4e3a\u76f4\u63a5\u53c2\u4e0e\u8bc9\u8bbc\u6743\u76ca\u4e89\u8bae\uff0c\u4ece\u800c\u5728\u6cd5\u5f8b\u4e0e\u7a0e\u52a1\u5c42\u9762\u83b7\u5f97\u66f4\u5927\u7684\u786e\u5b9a\u6027\u3002<\/p>\n\n\n\n
\u4ece\u5b9e\u8df5\u89d2\u5ea6\u770b\uff0c\u8fd9\u79cd\u7ed3\u6784\u4e5f\u6709\u52a9\u4e8e\u4f18\u5316\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u8d44\u91d1\u5b89\u6392\u4e0e\u7a0e\u52a1\u7b79\u5212\uff0c\u7279\u522b\u662f\u5728\u8de8\u5883\u4ea4\u6613\u6216\u6d89\u53ca\u590d\u6742\u6536\u76ca\u7ed3\u6784\u7684\u6848\u4ef6\u4e2d\u3002<\/p>\n\n\n\n
3.\u5355\u6848\u8d44\u52a9 vs. \u7ec4\u5408\u8d44\u52a9\uff08Single Case vs. Portfolio\uff09<\/h3>\n\n\n\n
(1)\u5355\u6848\u8d44\u52a9\uff08Single Case Funding\uff09\u662f\u6700\u4f20\u7edf\u4e5f\u662f\u6700\u5e38\u89c1\u7684\u8d44\u52a9\u6a21\u5f0f\uff0c\u5373\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9488\u5bf9\u5355\u4e00\u5177\u4f53\u6848\u4ef6\u63d0\u4f9b\u8d44\u91d1\u652f\u6301\uff0c\u627f\u62c5\u4e0e\u8be5\u6848\u76f8\u5173\u7684\u5168\u90e8\u98ce\u9669\u4e0e\u6536\u76ca\uff1b<\/p>\n\n\n\n
(2)\u7ec4\u5408\u8d44\u52a9\uff08Portfolio Funding\uff09\u5219\u662f\u8fd1\u5e74\u6765\u9010\u6e10\u5174\u8d77\u7684\u521b\u65b0\u6a21\u5f0f\uff0c\u5c24\u5176\u9002\u7528\u4e8e\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u6216\u5f8b\u5e08\u4e8b\u52a1\u6240\u540c\u65f6\u7ba1\u7406\u591a\u4e2a\u6848\u4ef6\u7684\u60c5\u5f62\u3002<\/p>\n\n\n\n
\u5728\u7ec4\u5408\u8d44\u52a9\u7ed3\u6784\u4e2d\uff0c\u591a\u4e2a\u6848\u4ef6\u901a\u5e38\u4f1a\u88ab\u201c\u4ea4\u53c9\u62c5\u4fdd\uff08Cross-Collateralized\uff09\u201d\uff0c\u5373\u6240\u6709\u6848\u4ef6\u7684\u6536\u76ca\u6c47\u603b\u81f3\u540c\u4e00\u8d44\u91d1\u6c60\uff08Waterfall\uff09\uff0c\u6309\u7167\u9884\u5148\u8bbe\u5b9a\u7684\u4f18\u5148\u7ea7\u4e0e\u5206\u914d\u6bd4\u4f8b\uff0c\u4f9d\u6b21\u7528\u4e8e\u507f\u8fd8\u8d44\u52a9\u6b3e\u9879\u3002\u8fd9\u79cd\u7ed3\u6784\u7684\u6838\u5fc3\u4f18\u52bf\u5728\u4e8e\uff1a<\/p>\n\n\n\n
(1)\u901a\u8fc7\u201c\u4ee5\u76c8\u8865\u4e8f\u201d\u7684\u673a\u5236\uff0c\u5355\u4e2a\u6848\u4ef6\u7684\u5931\u8d25\u53ef\u4ee5\u88ab\u5176\u4ed6\u6848\u4ef6\u7684\u80dc\u8bc9\u6536\u76ca\u6240\u62b5\u6d88\uff0c\u4ece\u800c\u663e\u8457\u964d\u4f4e\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u6574\u4f53\u98ce\u9669\u655e\u53e3\uff1b<\/p>\n\n\n\n
(2)\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u56e0\u6b64\u66f4\u613f\u610f\u4e3a\u7ec4\u5408\u4e2d\u7684\u6bcf\u4e2a\u6848\u4ef6\u63d0\u4f9b\u66f4\u4f18\u60e0\u7684\u878d\u8d44\u6761\u6b3e\uff0c\u5305\u62ec\u66f4\u4f4e\u7684\u56de\u62a5\u7387\u3001\u66f4\u7075\u6d3b\u7684\u8fd8\u6b3e\u6761\u4ef6\u7b49\uff1b<\/p>\n\n\n\n
(3)\u5bf9\u4e8e\u5f8b\u6240\u6216\u5f53\u4e8b\u4eba\u800c\u8a00\uff0c\u7ec4\u5408\u8d44\u52a9\u80fd\u591f\u5b9e\u73b0\u8d44\u91d1\u4f7f\u7528\u7684\u534f\u540c\u6548\u5e94\uff0c\u63d0\u9ad8\u6574\u4f53\u8d44\u91d1\u5229\u7528\u6548\u7387\u4e0e\u6848\u4ef6\u7ba1\u7406\u6548\u80fd\u3002<\/p>\n\n\n\n
4.\u524d\u671f\u652f\u4ed8 vs. \u5206\u671f\u63d0\u6b3e\uff08Upfront vs. Drawdown\uff09<\/h3>\n\n\n\n
(1)\u5728\u5927\u591a\u6570\u5f53\u4e8b\u4eba\u4f7f\u7528\u8d44\u52a9\u8d44\u91d1\u652f\u4ed8\u5f8b\u5e08\u8d39\u3001\u4e13\u5bb6\u8d39\u53ca\u8bc9\u8bbc\u5f00\u652f\u7684\u573a\u666f\u4e2d\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u901a\u5e38\u91c7\u53d6\u5206\u671f\u652f\u4ed8\uff08Drawdown\uff09\u7684\u6a21\u5f0f\uff0c\u5373\u6839\u636e\u5b9e\u9645\u53d1\u751f\u7684\u8d39\u7528\u9010\u7b14\u62e8\u4ed8\u8d44\u91d1\uff0c\u6709\u65f6\u751a\u81f3\u76f4\u63a5\u652f\u4ed8\u7ed9\u5f8b\u6240\u6216\u5176\u4ed6\u670d\u52a1\u63d0\u4f9b\u65b9\uff1b<\/p>\n\n\n\n
(2)\u8fd9\u79cd\u6a21\u5f0f\u6709\u52a9\u4e8e\u63a7\u5236\u8d44\u91d1\u4f7f\u7528\u8303\u56f4\uff0c\u964d\u4f4e\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u8d44\u91d1\u6ee5\u7528\u98ce\u9669\uff0c\u540c\u65f6\u4e5f\u4e0e\u8bc9\u8bbc\u8fdb\u7a0b\u7d27\u5bc6\u7ed3\u5408\uff0c\u5b9e\u73b0\u201c\u6309\u9700\u652f\u4ed8\u201d\u3002<\/p>\n\n\n\n
\u4f46\u5728\u67d0\u4e9b\u7279\u6b8a\u60c5\u51b5\u4e0b\uff0c\u4f8b\u5982\u6848\u4ef6\u524d\u671f\u9700\u8981\u652f\u4ed8\u5927\u989d\u8c03\u67e5\u8d39\u3001\u53d6\u8bc1\u8d39\u6216\u5883\u5916\u8d39\u7528\uff0c\u800c\u540e\u7eed\u8d39\u7528\u76f8\u5bf9\u53ef\u63a7\u65f6\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u4e5f\u53ef\u80fd\u9009\u62e9\u4e00\u6b21\u6027\u524d\u671f\u652f\u4ed8\uff08Upfront Payment\uff09\uff0c\u4ee5\u4fbf\u4e3a\u5f53\u4e8b\u4eba\u63d0\u4f9b\u66f4\u7075\u6d3b\u7684\u8d44\u91d1\u652f\u6301\uff0c\u786e\u4fdd\u6848\u4ef6\u987a\u5229\u542f\u52a8\u3002<\/p>\n\n\n\n
5.\u6536\u76ca\u5206\u914d\u7ed3\u6784\uff08Payment Waterfall\uff09<\/h3>\n\n\n\n
\u65e0\u8bba\u91c7\u53d6\u4f55\u79cd\u878d\u8d44\u7ed3\u6784\uff0c\u6536\u76ca\u5206\u914d\u673a\u5236\uff08Payment Waterfall\uff09\u59cb\u7ec8\u662f\u8d44\u52a9\u534f\u8bae\u4e2d\u6700\u6838\u5fc3\u3001\u4e5f\u662f\u8c08\u5224\u6700\u4e3a\u6fc0\u70c8\u7684\u73af\u8282\u3002\u8be5\u673a\u5236\u660e\u786e\u4e86\u5728\u8bc9\u8bbc\u6210\u529f\u6216\u8fbe\u6210\u548c\u89e3\u540e\uff0c\u6240\u83b7\u8d54\u507f\u91d1\u6216\u6536\u76ca\u5c06\u6309\u7167\u4f55\u79cd\u987a\u5e8f\u3001\u6bd4\u4f8b\u5728\u4e0d\u540c\u7684\u5229\u76ca\u76f8\u5173\u65b9\u4e4b\u95f4\u8fdb\u884c\u5206\u914d\u3002 \u5178\u578b\u7684\u6536\u76ca\u5206\u914d\u987a\u5e8f\u5305\u62ec\uff1a<\/p>\n\n\n\n
(1)\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u4f18\u5148\u56de\u6536\uff1a\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9996\u5148\u6536\u56de\u5176\u5168\u90e8\u6295\u8d44\u672c\u91d1\uff1b<\/p>\n\n\n\n
(2)\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u56de\u62a5\uff1a\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u6309\u7167\u534f\u8bae\u7ea6\u5b9a\u83b7\u53d6\u56fa\u5b9a\u56de\u62a5\uff0c\u8be5\u56de\u62a5\u53ef\u80fd\u8868\u73b0\u4e3a\uff1a \u56fa\u5b9a\u500d\u6570\uff08\u59822\u500d\u30013\u500d\u4e8e\u6295\u8d44\u91d1\u989d\uff09\uff1b \u6309\u6bd4\u4f8b\u5206\u6210\uff08\u5982\u8d54\u507f\u91d1\u989d\u768420%\u300130%\u6216\u66f4\u9ad8\uff09\uff1b<\/p>\n\n\n\n
(3)\u5f8b\u5e08\u8d39\u7528\uff08\u5982\u9002\u7528\uff09\uff1a\u82e5\u6848\u4ef6\u91c7\u7528\u98ce\u9669\u4ee3\u7406\u6a21\u5f0f\uff08Contingency Fee\uff09\uff0c\u4ee3\u7406\u5f8b\u5e08\u53ef\u80fd\u4f5c\u4e3a\u6b21\u7ea7\u53d7\u76ca\u4eba\uff0c\u6309\u7167\u7ea6\u5b9a\u6bd4\u4f8b\u5206\u4eab\u5269\u4f59\u6536\u76ca\uff1b<\/p>\n\n\n\n
(4)\u5f53\u4e8b\u4eba\u6700\u7ec8\u6240\u5f97\uff1a\u5728\u6240\u6709\u4f18\u5148\u7ea7\u4e0e\u6b21\u7ea7\u6743\u76ca\u5f97\u5230\u6ee1\u8db3\u540e\uff0c\u5269\u4f59\u90e8\u5206\u5f52\u5c5e\u6848\u4ef6\u5f53\u4e8b\u4eba\u3002<\/p>\n\n\n\n
\u9700\u8981\u7279\u522b\u6307\u51fa\u7684\u662f\uff0c\u5728\u67d0\u4e9b\u6cd5\u57df\uff08\u5982\u82f1\u56fd\uff09\uff0c\u4e0d\u540c\u5f62\u5f0f\u7684\u56de\u62a5\u8ba1\u7b97\u65b9\u5f0f\uff08\u5982\u56fa\u5b9a\u500d\u6570 vs. \u767e\u5206\u6bd4\u5206\u6210\uff09\u53ef\u80fd\u53d7\u5230\u6210\u6587\u6cd5\u89c4\uff08\u5982\u300a\u57fa\u4e8e\u8d54\u507f\u7684\u534f\u8bae\u89c4\u5b9a\u300bDBA Regulations\uff09\u7684\u7ea6\u675f\uff0c\u534f\u8bae\u8bbe\u8ba1\u65f6\u5fc5\u987b\u5145\u5206\u8003\u8651\u5f53\u5730\u5408\u89c4\u8981\u6c42\uff0c\u907f\u514d\u56e0\u7ed3\u6784\u4e0d\u5f53\u5bfc\u81f4\u534f\u8bae\u65e0\u6548\u6216\u9762\u4e34\u76d1\u7ba1\u5904\u7f5a\u3002<\/p>\n\n\n\n
<\/span>\u4e8c\u3001\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u7684\u5c3d\u8c03\u6d41\u7a0b\u4e0e\u6838\u5fc3\u5173\u6ce8\u70b9\uff1a\u5982\u4f55\u7b5b\u9009\u201c\u503c\u5f97\u6295\u8d44\u201d\u7684\u6848\u4ef6<\/span><\/h2>\n\n\n\n\u5728\u7b2c\u4e09\u65b9\u8bc9\u8bbc\u8d44\u52a9\u9886\u57df\uff0c\u6709\u4e00\u4e2a\u5e7f\u4e3a\u4eba\u77e5\u7684\u6570\u636e\uff1a\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u6700\u7ec8\u4ec5\u4f1a\u5bf9\u4e0d\u52303%\u7684\u6f5c\u5728\u6848\u4ef6\u63d0\u4f9b\u8d44\u91d1\u652f\u6301\u3002\u8fd9\u4e00\u6bd4\u4f8b\u867d\u65e0\u5168\u7403\u7edf\u4e00\u7edf\u8ba1\u6570\u636e\uff0c\u4f46\u8db3\u4ee5\u8bf4\u660e\u8d44\u52a9\u4ea4\u6613\u7684\u9ad8\u5ea6\u9009\u62e9\u6027\u4e0e\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u6781\u4e3a\u5ba1\u614e\u7684\u6295\u8d44\u903b\u8f91\u3002<\/p>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u5e76\u975e\u7b80\u5355\u5730\u201c\u51fa\u94b1\u201d\uff0c\u800c\u662f\u5728\u8fdb\u884c\u4e00\u573a\u9ad8\u5ea6\u4e13\u4e1a\u5316\u3001\u98ce\u9669\u9a71\u52a8\u7684\u6295\u8d44\u51b3\u7b56\u3002\u5176\u5c3d\u8c03\u6d41\u7a0b\u901a\u5e38\u6db5\u76d6\u6cd5\u5f8b\u3001\u5546\u4e1a\u3001\u8d22\u52a1\u4e0e\u6267\u884c\u7b49\u591a\u4e2a\u7ef4\u5ea6\uff0c\u91cd\u70b9\u5173\u6ce8\u4ee5\u4e0b\u6838\u5fc3\u8981\u7d20\uff1a<\/p>\n\n\n\n
1. \u6848\u4ef6\u7684\u6cd5\u5f8b\u4e0e\u4e8b\u5b9e\u57fa\u7840\uff08Merits of the Claim\uff09<\/h3>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9996\u5148\u9700\u8981\u8bc4\u4f30\u6848\u4ef6\u7684\u6cd5\u5f8b\u53ef\u884c\u6027\u4e0e\u4e8b\u5b9e\u53ef\u4fe1\u5ea6\uff0c\u5305\u62ec\u6cd5\u5f8b\u4f9d\u636e\u662f\u5426\u5145\u5206\u3001\u8bc1\u636e\u94fe\u6761\u662f\u5426\u5b8c\u6574\u3001\u4e89\u8bae\u7126\u70b9\u662f\u5426\u6e05\u6670\u3002<\/p>\n\n\n\n
\u5728\u82f1\u56fd\u7b49\u6210\u719f\u5e02\u573a\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u901a\u5e38\u4f1a\u8981\u6c42\u7531\u8d44\u6df1\u5fa1\u7528\u5927\u5f8b\u5e08\uff08King\u2019s Counsel\uff09\u51fa\u5177\u72ec\u7acb\u7684\u6cd5\u5f8b\u610f\u89c1\u4e66\uff0c\u5bf9\u6848\u4ef6\u7684\u80dc\u8bc9\u6982\u7387\u8fdb\u884c\u4e13\u4e1a\u8bc4\u4f30\u3002<\/p>\n\n\n\n
\u4e00\u822c\u800c\u8a00\uff0c\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u671f\u671b\u6848\u4ef6\u7684\u80dc\u8bc9\u6982\u7387\u8fbe\u523060%\u4ee5\u4e0a\uff0c\u624d\u4f1a\u8003\u8651\u8fdb\u4e00\u6b65\u6295\u8d44\u3002<\/p>\n\n\n\n
\u60c5\u7eea\u5316\u6216\u975e\u7ecf\u6d4e\u9a71\u52a8\u7684\u6848\u4ef6\uff08\u5982\u79bb\u5a5a\u3001\u5bb6\u5ead\u7ea0\u7eb7\u7b49\uff09\uff0c\u7531\u4e8e\u5f53\u4e8b\u4eba\u53ef\u80fd\u62d2\u7edd\u5408\u7406\u548c\u89e3\u3001\u5ef6\u957f\u8bc9\u8bbc\u5468\u671f\uff0c\u901a\u5e38\u88ab\u89c6\u4e3a\u975e\u7406\u60f3\u6295\u8d44\u6807\u7684\u3002<\/p>\n\n\n\n
2. \u6536\u76ca\u5f62\u5f0f\u4e0e\u53d8\u73b0\u80fd\u529b\uff08Nature of Recovery\uff09<\/h3>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u4f18\u5148\u8003\u8651\u80fd\u591f\u5e26\u6765\u9ad8\u6d41\u52a8\u6027\u3001\u660e\u786e\u5e02\u573a\u4ef7\u503c\u7684\u73b0\u91d1\u8d54\u507f\uff0c\u800c\u975e\u975e\u73b0\u91d1\u8d44\u4ea7\uff08\u5982\u79c1\u4eba\u80a1\u6743\u3001\u4e1a\u52a1\u5408\u4f5c\u627f\u8bfa\u3001\u5b9e\u7269\u8d44\u4ea7\u7b49\u3002<\/p>\n\n\n\n
\u975e\u73b0\u91d1\u5f62\u5f0f\u7684\u548c\u89e3\u7ed3\u679c\u5f80\u5f80\u96be\u4ee5\u53d8\u73b0\uff0c\u6216\u9700\u8981\u989d\u5916\u7684\u6210\u672c\u4e0e\u65f6\u95f4\u8fdb\u884c\u5904\u7f6e\uff0c\u4e0d\u7b26\u5408\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u8ffd\u6c42\u5feb\u901f\u56de\u7b3c\u8d44\u91d1\u7684\u6838\u5fc3\u76ee\u6807\u3002<\/p>\n\n\n\n
3.\u8d44\u91d1\u56de\u6536\u5468\u671f\uff08Time to Collection\uff09<\/h3>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u4ece\u6295\u8d44\u5230\u56de\u6536\u8d44\u91d1\u7684\u6574\u4f53\u65f6\u95f4\u6210\u672c\u3002<\/p>\n\n\n\n
\u4e00\u987918\u4e2a\u6708\u5373\u53ef\u89e3\u51b3\u7684\u6848\u4ef6\uff0c\u4e0e\u4e00\u9879\u8017\u65f6\u8d85\u8fc7\u4e94\u5e74\u7684\u6848\u4ef6\uff0c\u5728\u8d44\u91d1\u56de\u62a5\u7387\uff08IRR\uff09\u3001\u673a\u4f1a\u6210\u672c\u4e0e\u5185\u90e8\u6536\u76ca\u6a21\u578b\u4e0a\u7684\u5dee\u5f02\u6781\u4e3a\u663e\u8457\u3002<\/p>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u901a\u5e38\u503e\u5411\u4e8e\u9009\u62e9\u5468\u671f\u53ef\u63a7\u3001\u7a0b\u5e8f\u6548\u7387\u8f83\u9ad8\u7684\u6848\u4ef6\uff0c\u4ee5\u4f18\u5316\u6574\u4f53\u8d44\u91d1\u4f7f\u7528\u6548\u7387\u3002<\/p>\n\n\n\n
4. \u8d54\u507f\u91d1\u989d\u4e0e\u8d44\u52a9\u56de\u62a5\u7684\u6bd4\u4f8b\uff08Damages-to-Return Ratio\uff09<\/h3>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9700\u786e\u4fdd\u81ea\u8eab\u9884\u671f\u56de\u62a5\u5360\u6574\u4f53\u8d54\u507f\u91d1\u989d\u7684\u6bd4\u4f8b\u5904\u4e8e\u5408\u7406\u533a\u95f4\uff0c\u907f\u514d\u56e0\u201c\u8fc7\u5ea6\u7d22\u53d6\u201d\u5bfc\u81f4\u5f53\u4e8b\u4eba\u5728\u6848\u4ef6\u63a8\u8fdb\u8fc7\u7a0b\u4e2d\u5931\u53bb\u79ef\u6781\u6027\u3002<\/p>\n\n\n\n
\u82e5\u8d44\u52a9\u56de\u62a5\u5360\u6bd4\u8fc7\u9ad8\uff0c\u53ef\u80fd\u5f71\u54cd\u5f53\u4e8b\u4eba\u7684\u548c\u89e3\u610f\u613f\uff0c\u751a\u81f3\u5bfc\u81f4\u534f\u8bae\u5728\u6267\u884c\u9636\u6bb5\u9762\u4e34\u4e89\u8bae\u6216\u65e0\u6548\u98ce\u9669\u3002<\/p>\n\n\n\n
5. \u8d54\u507f\u91d1\u7684\u6267\u884c\u53ef\u884c\u6027\uff08Recoverability of Damages\uff09<\/h3>\n\n\n\n
\u8bc9\u8bbc\u8d44\u52a9\u673a\u6784\u9700\u5168\u9762\u8bc4\u4f30\u88ab\u544a\u7684\u507f\u4ed8\u80fd\u529b\u4e0e\u8d44\u4ea7\u72b6\u51b5\uff0c\u5305\u62ec\u88ab\u544a\u662f\u5426\u5177\u5907\u8db3\u591f\u8d44\u4ea7\u53ef\u4f9b\u6267\u884c\u3001\u662f\u5426\u5b58\u5728\u8de8\u5883\u6267\u884c\u969c\u788d\u3001\u662f\u5426\u4eab\u6709\u4e3b\u6743\u8c41\u514d\u7b49\u3002<\/p>\n\n\n\n
\u82e5\u88ab\u544a\u4e3a\u653f\u5e9c\u6216\u516c\u5171\u673a\u6784\uff0c\u8fd8\u9700\u7279\u522b\u5173\u6ce8\u76f8\u5173\u6cd5\u57df\u5bf9\u5224\u51b3\u6267\u884c\u7684\u53f8\u6cd5\u8c41\u514d\u89c4\u5219\uff0c\u4ee5\u53ca\u5728\u4e0d\u540c\u56fd\u5bb6\u8ffd\u7d22\u8d44\u4ea7\u7684\u53ef\u884c\u6027\u3002<\/p>\n\n\n\n
6.\u4ee3\u7406\u5f8b\u5e08\u7684\u4e13\u4e1a\u80fd\u529b\uff08Legal Team Capability\uff09<\/h3>\n\n\n\n
\u6848\u4ef6\u4ee3\u7406\u5f8b\u5e08\u662f\u5426\u5177\u5907\u6210\u719f\u7684\u8bc9\u8bbc\u7b56\u7565\u4e0e\u6267\u884c\u80fd\u529b\uff1f\u662f\u5426\u613f\u610f\u63a5\u53d7\u90e8\u5206\u98ce\u9669\u4ee3\u7406\uff0c\u4ee5\u4f53\u73b0\u201c\u5229\u76ca\u7ed1\u5b9a\u201d\u4e0e\u201c\u5171\u540c\u6fc0\u52b1\u201d\uff1f<\/p>\n\n\n\n
\u6240\u5728\u6cd5\u57df\u7684\u6cd5\u5f8b\u73af\u5883\u662f\u5426\u6709\u5229\u4e8e\u539f\u544a\uff1f\u6709\u65e0\u7c7b\u4f3c\u5224\u4f8b\u6216\u53f8\u6cd5\u5148\u4f8b\u652f\u6301\u539f\u544a\u7684\u4e3b\u5f20\uff1f<\/p>\n\n\n\n
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