Riffington.
Position
Riffington operates as a confidential clearing principal for maritime charge exposure. Documented portfolios are priced, funded, and carried to resolution on a true-sale and non-recourse basis. The firm acts as principal in every transaction. It never serves as agent, broker, or contingency collector.
In-house
Origination, underwriting, legal, and recovery are handled in-house. Information about the team and its authority is provided to creditors under a mutual NDA, upon request.
Balance sheet
Acquisitions are funded from the firm's own capital. There is no fund structure, no external syndicate, and no committee approval cycle between submission and offer.
Counsel-led
Following acquisition, all subsequent contact with the underlying debtor is conducted by retained maritime counsel in the firm's name. The original creditor is removed from the matter entirely.
Retained network
Collections are conducted by retained maritime counsel admitted in the relevant jurisdictions. Counsel identity, bar admissions, and engagement protocol are disclosed to qualified creditors as part of the diligence packet.
Invoice review
The firm underwrites each portfolio against the current state of 46 CFR Part 541 and applicable maritime billing rules. Claims that fail invoice-compliance review are declined, not repriced.