From Cost Center to Revenue Driver
How General Counsels Are Unlocking Value from Remnant Assets
What are Remnant Assets?
Intangible, primarily cash assets that are dormant or abandoned, often from long-forgotten predecessor entities. They include:
Abandoned property
Class action claims
Utility cooperative capital accounts
Court registry payments
And several other categories
The percentage of large companies that have at least $1MM in Remnant Assets
By facilitating a Remnant Asset transaction, General Counsel’s are able to:
Offload the diligence required to validate and document asset ownership
Drive fiscal alignment with the executive team
Unlock additional revenue streams for their company
“I rarely have the opportunity to deliver financial enhancement to my leadership team as the owner of a mostly ‘cost center’ to the system”
Chief Legal Officer, Endeavor Health
$5B+ integrated healthcare system & Oak Point transaction partner
Hundreds of the world’s most successful companies have transacted with Oak Point
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We can generate cash for you in as little as 90 days