Andrew Saker, IMF Bentham CEO and Managing Director, recently sat down with The CEO Magazine’s Adrian Flores to discuss IMF Bentham’s business strategy and what it takes to lead Australia’s largest litigation funder.
Experienced litigator George R. Hendy, Ad.E. – formerly with Osler, Hoskin & Harcourt LLP – joins as Senior Advisor-Quebec to lead Bentham IMF’s entry into Quebec.
Bentham Canada has had an amazing 12 months. Chief Investment Officer, Tania Sulan looks back on this whirlwind second year, and to mark the start of her third year in Canada, she shares three reflections and three projections.
Long before opening in Canada, Bentham engaged with the Canadian legal community to understand the needs of litigants and law firms, and how litigation funding could best satisfy those needs.
In the World Bank’s recent Resolving Insolvency report, Canada ranked 11th worldwide for the recovery rate by secured creditors through reorganization, liquidation or debt enforcement.
This week, Bentham Canada received its 200th request for litigation funding. The vast majority of our inquiries have been for single cases, but there is a growing interest in portfolio funding
Litigation funding is quickly emerging as an indispensable tool in every lawyer’s toolkit. Yet, as a former senior Bay Street associate, I know that many people you work with may still be unfamiliar with litigation funding.
Law firm portfolio funding is distinct from litigation funding for an individual claim. With portfolio funding, a law firm has a number of contingency fee or partial contingency fee cases.
In a recent podcast, the team at Building New Law interviewed Casey Flaherty about his new book Unless You Ask. The book encourages law firms and clients to have conversations to improve their working relationships.
In determining whether to fund a case, professional litigation funders put each potential investment through rigorous due diligence, which typically takes 30 to 45 days.
Bentham IMF has once again recruited talent from a top Canadian firm to keep pace with the high volume of funding inquiries it has received since January 2016, when it became the first global commercial litigation finance firm to enter the Canadian market.
Financial support is the benefit most often sought by claimants who use third party litigation funding to pursue meritorious commercial litigation claims. The benefits of working with Bentham, however, also include additional advantages that can improve a claimant’s chances for litigation success.
