Blog

Browse Our Blog By Location

Law Commission calls for further submissions on draft procedure for class actions

The Aotearoa New Zealand Law Commission handed down its supplementary issues paper in its ongoing review of class actions and litigation funding in New Zealand and has confirmed its view that a statutory class action regime is desirable, observing that even those submitters who were sceptical of the benefits of class actions preferred the certainty of such reform.

Statutory price cap proposal: leaving victims of wrongdoing with nowhere to go

The Australian Government is considering the merits of legislating a minimum return to group members in funded class actions, potentially as high as 70 per cent of gross proceeds. The introduction of a 70 per cent minimum would be a completely arbitrary measure and is not supported by reference to any analysis of the negative implications for the funding of class actions or the risks being assumed by litigation funders.

Unwilling but able: how to successfully enforce favourable judgments or awards against evasive debtors

In a webinar for the Association of Corporate Counsel (ACC) Australia, Omni Bridgeway Investment Manager Leanne Meyer chatted with our Head of Enforcement for Asia, Marjolein van den Bosch-Broeren, about the role a dispute funder plays in enforcing judgments and awards from unwilling or evasive debtors and early steps in-house counsel can take to safeguard collectability.

Negotiation strategies for commercial dispute resolution - how to set up for success – Part 2

This is part 2 of our podcast on negotiation strategies for commercial dispute resolution in which Omni Bridgeway’s Clive Bowman chats with Robert Bordone, a Senior Fellow at Harvard Law School. In Part 2, Clive and Bob discuss positional bargaining and alternative methods of negotiating and how to get around difficult behaviour from the other party. They also share key learnings from the globally renowned Harvard Negotiation Institute workshop.

Funding insolvency claims in Asia-Pacific

In this recent webinar panel discussion hosted by Lexology, Omni Bridgeway and an expert panel shared their insights and answered some of the most critical questions that companies, and lawyers have about using dispute finance for insolvency-related claims across Asia-Pacific.

In-house counsel insights into dispute finance

Many in-house counsel would consider using dispute finance for commercial claims according to a survey conducted by Omni Bridgeway at the 2020 Association of Corporate Counsel (ACC) in-house Legal Virtual Conference, with the inability to afford litigation being the main factor influencing their decision.

Need to top up your CPD points before year-end?

With CPD year-end approaching for many Australian legal professionals, Omni Bridgeway has a suite of complimentary options to help you earn CPD points in practice management while learning how dispute finance can mitigate cost and risk for your business or clients.

NZ property owners one step closer to compensation in combustible cladding class action

The Omni Bridgeway-funded class action against the manufacturer and suppliers of certain polyethylene (PE) core cladding has commenced in the High Court of New Zealand. The action seeks compensation for New Zealand property owners and lease holders who have suffered or will suffer financial loss in relation to the Alucobond PE and Alucobond Plus cladding products which are or were affixed to their buildings.

Compensation distributed to members of Williamtown Contamination Class Action

This week, the members of the Williamtown Contamination Class Action received some good news in the run up to Christmas: $57m in compensation was distributed by their settlement scheme administrator, Ben Allen of Dentons. The distributions followed from the landmark settlement achieved in February 2019 by Omni Bridgeway’s funded class action.

Australian combustible cladding class actions – important information regarding Omni Bridgeway’s online registration for building owners, bodies corporate and public bodies

Building owners, bodies corporate and public bodies of properties in Australia who believe their buildings may be affected by combustible cladding will find important information on Omni Bridgeway’s Australian Combustible Cladding Class Actions webpage. The webpage contains Notices for likely class members that have been approved by the Federal Court of Australia and full details of the online registration process.