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.
IMF Bentham has welcomed the Supreme Court of New South Wales judgment in the Brisbane Floods class action, which will allow thousands of individuals and businesses to recover losses caused by the severe flooding in 2011.
IMF Bentham and Glaister Ennor announced the filing of an application in the New Zealand High Court in Auckland seeking leave to commence a class action against failed NZ insurance company, CBL Corporation (in liquidation), which will seek to recover compensation for shareholders of CBL.
IMF Bentham and Russell McVeagh announce a New Zealand Class Action is under investigation. Like the two Australian actions funded by IMF Bentham, the NZ class action will also be a product liability claim against certain manufacturers of Alucobond and Vitrabond PE core cladding products.
Leading dispute resolution financier IMF Bentham announces that it has completed the merger with Omni Bridgeway Holdings BV previously announced on October 15, 2019.
IMF Bentham is delighted to announce that on Monday, 4 November 2019, Ms Ruth Stackpool-Moore joined our expanding global team as Investment Manager, based in our Singapore office.
Leading litigation and disputes funder IMF Bentham announces that it is acquiring Omni Bridgeway Holdings BV to create a truly global diversified funder with over A$2.2 billion in capital to fund disputes and enforcement proceedings of significant size and complexity throughout the world.
IMF Bentham and leading New Zealand law firm Glaister Ennor announced today a class action seeking compensation for shareholders of failed New Zealand insurance firm CBL Corporation. The collapse of CBL has impacted shareholders across the world, including retail investors in New Zealand who have seen their investment in CBL wiped out. The action will allege CBL breached its obligations to keep shareholders properly informed about CBL’s French insurance business.
Leading litigation and disputes funder IMF Bentham and leading commercial law firm, Piper Alderman, confirm the Supreme Court of New South Wales handed down judgment in favour of their funded client, David Kerr in his capacity as additional Trustee of the SEAS Sapfor forestry scheme (Trustee).
Leading commercial litigation funder Bentham IMF has completed its third round of hiring since the November 2018 launch of its second fund devoted to US investments. New hires bolster Bentham’s ability to provide specialized expertise and boots-on-the-ground support.
In response to a (short) report issued by a US investment firm on 7 August 2019 on Burford Capital Limited, leading global dispute resolution financier and industry founder, IMF Bentham responds to share price movement of rival Burford, and notes the differences in relation to IMF’s accounting policies and disclosures.
Australia’s leading dispute financier IMF Bentham and William Roberts Lawyers announced today a class action seeking compensation for MLC Super Fund members against NAB-owned MLC Super Fund trustee company, NULIS Nominees (Australia) Limited, relating to excess fees charged to members of the MLC Super Fund from 1 July 2016.
IMF Bentham (operating in the US and Canada as Bentham IMF) announces the launch of a new US$500 million fund (‘Fund 5’) to underwrite non-US disputes around the world.
Global dispute financier IMF Bentham and William Roberts Lawyers have commenced a second product liability class action in the Federal Court of Australia under consumer protection laws. The action is against the manufacturer of ‘Vitrabond’ PE core cladding products, Fairview Architectural Pty Ltd. It follows the commencement in February 2019 of a class action against the manufacturers of ‘Alucobond’ PE core cladding products.
Leading international dispute financier, IMF Bentham and renowned global litigation and arbitration firm Boies Schiller Flexner LLP announce a collaboration to provide up to US$30 million in funding capital for cross-border disputes with a Vietnamese connection.
