Starting the new year with brisk momentum, leading commercial litigation funder Bentham IMF reports strong recent results in its US investment portfolio, the launch of a Canadian office and the hiring of its first Chief Marketing Officer.
In the past year, the firm has committed $30 million in funding over 60 cases handled by seven law firms in New York, Washington, Los Angeles, New Jersey and London; matters include cases in insurance coverage, intellectual property, commercial disputes, whistleblower claims and art repatriation.
Leading litigation funder Bentham IMF is ending 2014 on a strong note in the US, with robust dispute recoveries, a set of freshly completed cases and the addition of an experienced new member to its US investment management team.
Bentham IMF joined with Burford Capital and Gerchen Keller in writing a letter to the Advisory Committee on Rules of Practice and Procedure regarding an amendment to Federal Rule of Procedure 26. The letter, dated October 21, 2014 explains why the US Chamber Institute for Legal Reform's proposed amendment to "require disclosure of third-party investments in litigation" is unnecessary, untimely, and contrary to the purpose of Rule 26.
Bentham IMF, the US arm of the world’s most successful litigation funding firm, Bentham IMF Limited, announced that it has formed an advisory panel of renowned trial lawyers and legal experts to provide strategic support to Bentham.
An Australian Court has become the first in the world to find a ratings agency liable for AAA ratings on junk derivatives, paving the way for many new possible claims in the United States and elsewhere.
In a judgment handed down on Friday, September 21, 2012, the Australian Federal Court found that Lehman Brothers Australia had breached its fiduciary duties to municipalities, charities and churches by selling them highly risky, “synthetic” collateralized debt obligations (SCDOs), which blew up in the housing crisis.