IMF Bentham Limited (IMF Bentham), a leading global dispute funder, announced a proposed shareholder action in Denmark seeking compensation for losses suffered by shareholders of Danish financial institution, Danske Bank A/S.
Leading litigation funder IMF Bentham Limited has returned to the UK/EU with the launch of its subsidiary IMF EMEA. IMF EMEA is based in London and staffed by highly experienced alumni. It is headed by Oliver Gayner and includes Jeremy Marshall and Alistair Croft.
The Full Court of the Federal Court of Australia confirmed this week that only one of three competing class actions against GetSwift Limited may proceed. This ruling is significant for the Australian class action landscape and is the first time the Full Court has ruled on competing class actions. The Full Court said that guidance was required on the factors to be considered and the options open to judges when dealing with competing ‘open’ class actions.
IMF Bentham Ltd's Oliver Gayner discusses the origins of dispute finance in Australia in the mid-1990s and its subsequent growth in many jurisdictions around the world, where it is now an integral part of civil justice, providing a means of facilitating access to justice and offlaying litigation risk.
IMF Bentham Ltd’s Noah Wortman attended the Council of Institutional Investors (CII) Fall Conference in NYC in late October. CII’s Fall Conference brought many of the world’s institutional investors, regulators, and ESG professionals together under one roof to discuss and debate topics surrounding investment stewardship, public policy, corporate governance, and shareholder activism.
Justice Bernard Murphy has said he would like to trial costs budgeting in proceedings currently on foot in the Federal Court in Victoria. During a procedural hearing in two shareholder class actions against Brambles Limited(1), the judge said that he would like to trial an adoption of UK-style costs budgeting, as outlined by Sir Rupert Jackson at a recent conference in Melbourne, co-sponsored by IMF Bentham Limited.
Videos are now available from the successful IMF Bentham Limited and University of New South Wales National Class Actions Conference held in Melbourne on 25 September 2018.
IMF Bentham Ltd’s Nathan Landis participated in the inaugural Darwin Arbitration Symposium, held in Darwin on 24 October. The Symposium, hosted by William Forster Chambers in Darwin, was the first arbitration event held in the Northern Territory. During the session dealing with third-party funding, Nathan discussed the steps to obtain financing, and described how to prepare a matter for funding, including the types of documents that should be provided.
IMF Bentham Limited has announced it is proposing to fund a potential class action seeking compensation for property owners of certain buildings throughout Australia that have a highly combustible and therefore potentially dangerous external cladding. Law firm William Roberts will act for claimants in the action.
IMF Bentham Limited’s Ewen McNee was delighted to participate in the Superannuation Fund Investment Operations Forum 2018, held in Sydney on 22-23 October. The forum, presented by International Business Review, was the 5th annual Superfund Back Office conference.
Global litigation financier, IMF Bentham Limited, has featured in The Australian Legal Review magazine. The Australian was keen to understand how this extremely successful pioneer achieved its position as one of the most trusted brands in the funding industry. The answer to IMF Bentham’s success is its highly talented and experienced team of Investment Managers and a rigorous investment process overseen by a prudent Investment Committee, comprising industry founders and former judges (including The Honourable John Sulan QC who was interviewed for the feature). The 500+ years collective wisdom of this team has produced a 90% success rate over 17 years, recovering $1.4 billion for funded claimants.
An unfortunate yet all too frequent problem that arises in the lifecycle of startup and emerging companies worldwide is how to effectively enforce important legal rights against large, multi-national corporations that have wronged them.
IMF Bentham Limited’s Andrew Saker and Clive Bowman were interviewed for the Legal Affairs section of The Australian. Andrew is the global Managing Director and CEO and Clive is the Chief Executive for Australia and Asia.
IMF Bentham Limited was very pleased to provide further submissions to the Australian Law Reform Commission’s (ALRC’s) Inquiry into Class Action Proceedings and Third-party Litigation Funders.
IMF Bentham was delighted to co-host a National Class Actions Conference with the University of New South Wales (UNSW) in Melbourne on 25 September 2018.
IMF Bentham's Clive Bowman, Tom Glasgow and Cheng-Yee Khong were delighted to participate in Asialaw & Benchmark Litigation Asia-Pacific Dispute Resolution Summit in Hong Kong on 20 September.
IMF Bentham was delighted to host a seminar in Hong Kong on 20 September 2018 on the efficient management of litigation and arbitration. The guest speaker was Sir Rupert Jackson, a former Lord Justice of the Court of Appeal of England and Wales.