The commercial litigation finance industry has entered its fifth year of having an on-the-ground presence in Canada, with Omni Bridgeway (formerly known as Bentham IMF) having been the first funder to establish Canadian operations when it opened a Toronto office in January 2016
In the current environment, claimants, particularly businesses affected by the mandatory closures, as well as their counsel, may face constraints on cash and difficult decisions. Dispute finance options may be part of the solution for businesses seeking to relieve pressure on legal budgets and manage cash flow. We thought a quick overview of dispute finance might be useful for those looking for new strategies.
IMF Bentham Limited and Omni Bridgeway are excited to announce that IMF Bentham Limited and its subsidiary companies, including Bentham IMF, are adopting the unified global name of Omni Bridgeway, following a shareholder vote at the company's General Meeting on 14 February 2020.
Upon completion, the merger will form a global leader in disputes financing, with resources to provide seamless service to clients and their advisors throughout the globe.
We are frequently asked why a well-capitalized corporate entity would use litigation funding. A recent article published by Institutional Investor provides some answers.
The Supreme Court of Canada agrees to hear an appeal in a case funded by Bentham IMF involving a lawsuit against Callidus Capital Corporation, in a matter that will shape Canadian law on litigation funding.
As litigation funding continues to grow in Canada, how can claimants differentiate between funders and make an informed choice for their funding needs?
Since Bentham IMF commenced operations as the first commercial disputes funder in Canada, there has been significant growth in the number and range of clients looking to implement a litigation funding strategy. As the industry evolves in Canada and across the globe, Bentham IMF is delighted to announce exciting leadership developments.
Bentham IMF is delighted to announce that well-known international arbitration expert Annie Lespérance, FCIArb has joined our Montreal team in the capacity of Legal Counsel.
Last month’s Ontario Superior Court costs decision in a personal injury-type case, Davies v. Clarington (Municipality), caught our attention. It puts into sharp relief the differences between companies who offer loans for personal injury litigation and funders like Bentham who provide funding for corporate-commercial claims and class actions.
Private Equity firms and their advisors are increasingly recognizing the value of partnering with experienced litigation funders. This blog post discusses some of the ways that litigation funding can add value to a PE manager's strategy.
The Ontario Superior Court recently approved a funding agreement whereby the funder will pay for class counsel’s legal fees as the case progresses, in exchange for a return at the conclusion of the case. This arrangement enables the matter to proceed where the client is not able to pay legal fees, and the law firm is not able to carry its fees throughout the case.
As Bentham IMF celebrates its third anniversary in Canada, Chief Investment Officer Tania Sulan reflects on the company's achievements and what lays ahead for our business and the litigation funding industry in 2019.
It's the season for partnership announcements, and the team at Bentham congratulates newly minted partners! As new partners look for ways to add value, it is worth considering the commercial litigation funding tools offered by Bentham.
In May 2018, British Columbia modernized its International Commercial Arbitration Act by largely adopting the 2006 amendments to the UNCITRAL Model Law on International Commercial Arbitration.
