In challenging economic conditions, construction businesses face intense pressure to maximise revenue and optimise cashflow. Legal claims are valuable assets in this context and should be prioritised. However, the upfront cost of advancing construction claims often prevents companies from doing so.
Omni Bridgeway’s Construction Claims Finance can help, by meeting the cost of targeted legal and expert analysis, enabling businesses to identify the fair value of claims, present them robustly and resolve them swiftly – ideally by settlement.
The Singapore Court of Appeal has upheld a decision by the Singapore High Court that a costs undertaking given by Omni Bridgeway was an adequate form of security for costs. The High Court decision was the first time a Singapore court has permitted a litigation funder to provide a costs undertaking as security. The Court of Appeal’s endorsement of the decision is another example of the Singapore judiciary’s continuing acceptance of third party dispute finance for court proceedings.
In a landmark decision, Australia’s highest court has given the green light for New Zealand claimants to bring an action against overseas insurers in Australia. Gavin Beardsell explains its significance for New Zealand claimants in the Omni Bridgeway-funded Victopia Apartments class action.
Chris Citro spoke with Managing IP on how the U.S. courts are individually approaching requirements for disclosure of litigation funding and why a one-size-fits-all approach may not be the solution.
The National Law Journal featured discussion from Jeff Newton on implementing judgment enforcement strategies at the outset of a litigation or arbitration and why plaintiffs should consider the endgame before the opening bell is rung.
Amy Geise and Sarah Jacobson explain how law firms can use multi-case or open law firm portfolios as a strategic measure to stimulate growth, increase market share and mitigate risk.
Paul Rand and Naomi Loewith partner with Mondaq’s Comparative Guide to provide an overview of litigation funding in Canada, including the current legal framework, how it compares to other risk-sharing models available to claimants and firms, ethical considerations and much more. Read the full chapter here.