Blog

Shareholder action against Treasury Wine Estates Limited

Class action brought in Australia by institutional and retail investors seeking damages caused by Treasury Wine Estates’ failure to disclose material information concerning excess inventory held by US distributors. Claim settled in 2017 for A$49m.

Cartel class action addressing airline price fixing

Omni Bridgeway funded the Air Cargo cartel class action alleging that major international airlines engaged in price-fixing in relation to the provision of air freight services, for a period of approximately seven years from 1 January 2000.

Dispute finance for companies in New Zealand

In New Zealand, dispute finance is becoming a more regular feature of the legal landscape. Leading global funder, Omni Bridgeway, recently announced it is expanding its footprint into New Zealand, where the company is already active in several actions.

Recovering debts from the Philippines government

When an Asian Government Export Credit Agency, found itself unable to recover approximately JPY243 million owed to it by the Republic of the Philippines, it turned to Omni Bridgeway's enforcement and recovery team to devise and execute a recovery strategy that allowed for 100% recovery of monies owed via an installment payment plan.

When a company acts as a whistleblower

Omni Bridgeway helped a private company uncover and prove fraud being conducted by vendors billing delivery fee overcharges to state and federal entities. The scheme masked profits made by the vendors and allowed them to take inflated deductions for the goods they sold.

Dispute finance for businesses in difficult economic times

In the current environment, businesses affected by mandatory closures, as well as their lawyers, 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.