Omni Bridgeway (formerly known in the US as Bentham IMF) is pleased to announce a significant expansion of its US investment team to accommodate its growth in the world’s hottest legal finance market. In addition to adding four brand new investment professionals, we are thrilled to announce the promotion of four team members who have been key players on our US team.
Around 1000 ‘Category 1 Investors’ in Halifax Investment Services Pty Ltd (in liq) and Halifax New Zealand Limited (in liq) (together, Halifax) will have the opportunity to recover tens of millions of dollars more of their funds caught up in the collapse of the stockbroking platform after Omni Bridgeway agreed to fund appeals over recent judgments in the Australian and New Zealand courts.
Omni Bridgeway is pleased to announce the appointment of Mel Buffier as Head of Investor Relations. Based in Sydney, Ms Buffier will be responsible for managing strategic communications and engagement with Omni Bridgeway’s global investors which includes the Group’s shareholders and its fund investors.
Omni Bridgeway expands its global footprint with exciting new hires, Ms Anna-Maria Quinke and Dr Martin Metz join the team in Cologne Germany, and Camilla Godman joins the team in London.
Making litigation finance solutions available around the world is a cornerstone of Omni Bridgeway’s business. The company is delighted to announce the formation of its Latin America Group, which will bring litigation and arbitration funding solutions and judgment enforcement and distressed debt capabilities to countries including Brazil, Mexico, Argentina, Columbia, Chile, and Peru.
Omni Bridgeway and leading New Zealand law firm Russell McVeagh announce proceedings have commenced in the High Court of New Zealand against manufacturers of Alucobond PE core cladding products.
Omni Bridgeway is pleased to support Australian innovation by financing a claim for local inventor Veraseal Pty Ltd against Coca-Cola over the alleged IP infringement of its drink container patent - helping Veraseal pursue its legal rights to protect its patented invention.
Omni Bridgeway continues its US expansion with three new hires in New York, bringing on Megan Easley and Austin Ginnings as Legal Counsel and increasing gender diversity on its US investment committee with the addition of Martha E. Solinger.
Omni Bridgeway is delighted to welcome renowned leader in emerging markets debt restructuring, Tim DeSieno as its new Global Director of Distressed Debt and Senior Investment Manager. Mr DeSieno will be based in New York and will be responsible for developing Omni Bridgeway’s global distressed debt business, which the Company has decided is a key part of its strategic growth.
Omni Bridgeway today announces that it will fund the claims of a significant group of bondholders against leading Swiss Investment Bank UBS AG concerning the Bank’s role in the 2017 sale of Swiss franc-denominated debt for Greek retailer Folli-Follie Commercial Manufacturing and Technical SA (Folli Follie) that has since defaulted.
Omni Bridgeway announces that it has resolved to fund proposed litigation to be brought by shareholders of Wirecard AG against its auditor, Ernst & Young GmbH.
Omni Bridgeway Limited announces a new legal finance facility and an equity investment in an exciting new Japanese business providing Japanese clients with access to justice, without the associated costs and risks of pursuing their claims.
Omni Bridgeway Limited has used a submission to the federal parliamentary inquiry into litigation funding and class actions to recommend legislative changes to enhance the integrity of the class action system and to call for more sophisticated analysis of the returns to litigation funders.
Omni Bridgeway is delighted to welcome highly respected international arbitrator, Benjamin Hughes to its Investment Committees, the decision-making bodies responsible for selecting the group’s investments.
In the Alucobond cladding class action the claimants, which include the bodies corporate of residential apartment buildings plus local councils, had a significant victory this week after the Federal Court of Australia rejected the German manufacturer’s submissions that the proceeding should no longer continue as a class action or in the alternative, the number of persons who are entitled to participate in the action should be limited.
Proceedings have been filed in Omni Bridgeway Limited's first funded international arbitration in Hong Kong since the Special Administration Region amended its Arbitration Ordinance (Cap. 609) to permit third party funding (effective February 2019).
Omni Bridgeway has welcomed talented new colleagues to the team as the company continues its international expansion. The appointments include global leadership positions and important roles in Australia in response to increased appetite for dispute finance solutions. Omni Bridgeway can also announce it is expanding its footprint into New Zealand, where the firm is already active in several actions.
IMF Bentham and Omni Bridgeway are excited to announce that IMF Bentham is adopting the unified global name of Omni Bridgeway Limited, following a shareholder vote at the company's General Meeting on 14 February 2020.
Omni Bridgeway and IMF Bentham are delighted to announce the addition of veteran commercial lawyer, Mr Maarten van Luyn, to the company's expanding Europe team. Maarten joins as Director of Collective Redress, based in Amsterdam, where he will source, assess and manage high value strategic litigation finance solutions throughout Europe, with a focus on group claims and LegalTech solutions for group claims.
