IMF Bentham is delighted to be co-hosting a National Class Actions Conference with the University of New South Wales (UNSW) on Tuesday, 25 September. The Conference is to be held in Melbourne and will focus on current issues in Class Actions, including access to justice.
In a first for Singapore, the High Court has declared that a commercial third-party funding arrangement may proceed. On 11 September 2018, Justice Chua Lee Ming made a declaration permitting IMF Bentham to fund investigations and potential claims in the context of a major corporate collapse costing Singaporean retail investors hundreds of millions of dollars.
IMF Bentham’s Cheng-Yee Khong participated in a 3-day training session on international arbitration for elite Guangdong lawyers held in Shenzhen from 28 to 30 August. Cheng-Yee spoke about costs of arbitration and third-party funding.
Recent research by the Association of Corporate Counsel in Australia found that dispute resolution work was the second most significant area of legal work performed by in-house counsel. However, many companies do not have a specialist litigator in their in-house legal team. The article therefore provides some tips for in-house lawyers who are not frequent litigators on how to manage disputes and conduct the litigation process more efficiently.
Carve-out disputes tend to be uphill battles for committees, yielding scarce resources for investigating and prosecuting claims. Enter litigation finance.
IMF Bentham’s Investment Manager (Asia), Tom Glasgow, will be one of the speakers at a webinar on 11 September titled: Third Party Funding in Disputes: Viable Option in India? The webinar will examine topics including the legal position in relation to third-party funding in India, global best practices, the possibility of early settlement in funded cases and the steps to secure a third-party funder.
Bentham IMF welcomes Pierre-Jérôme Bouchard, to head new office - an expansion driven by widespread interest in litigation finance and favorable jurisprudence concerning funding.
Earlier this year, the Board of Trustees for the State Bar of California commissioned a comprehensive analysis of the current state of the legal services market, with a particular focus on new technologies and business models used in the delivery of legal services.
Chapter 7 or post-confirmation trustees looking to maximize the value of their claims gain significant advantage when they partner with litigation funders.
The readers of The Recorder have selected Bentham IMF as the number one litigation funding provider and one of the top three law firm funding providers.
For emerging companies in innovation hotspots, enforcing legal rights against competitors or other wrongdoers has traditionally been viewed as an unduly expensive and time-consuming endeavor and a drain on investor value.
The 2017 legislative changes in Singapore and Hong Kong permitting third-party funding in certain dispute resolution proceedings has led to funding opportunities for those involved in international arbitration matters and related proceedings. Tom Glasgow and Cheng-Yee Khong discuss this new environment in the latest issue of Asian-mena Counsel, a magazine for the in-house community featuring a special dispute resolution report.
Bentham is predominately involved in funding commercial cases. Class actions are not an immediate fit, because our funding typically covers some or all of the legal fees, and class action counsel often take matters on a contingency basis. However, from time to time, applications for class action funding cross our desks.
IMF Bentham, in conjunction with a leading law firm, is funding a complaint to the Australian Information Commissioner on behalf of Australian Facebook users in respect of the alleged breach. The case presents an opportunity to enforce citizens’ privacy rights and prevent the misuse of their personal data. To sign up for this class action, you can register here before July 31st.
