Last week, Justice Beach in the Federal Court of Australia approved the settlement of the securities class action against Sirtex Medical Limited (Sirtex). The action, funded by IMF Bentham Limited, had settled during the trial, subject to the court’s approval.
For a small law firm—even one with deeply experienced talent and a proven record of success—it can be difficult to win a battle for litigation work against a BigLaw competitor. A litigation funder can help small, well-qualified firms level the competitive playing field with BigLaw.
Quinn Emanuel partner and patent litigator Steve Cherny discusses the ways his firm shares risk with clients, how litigation funding has affected Cherny's practice, and how funding is benefitting the legal system as a whole.
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.
How valuable is your patent litigation claim? Quinn Emanuel partner and patent litigator Steve Cherny sat down with Bentham IMF investment manager Sarah Tsou to share his 30 years of knowledge and insights on the patent industry.
In-house legal teams and their outside counsel are under ever-greater pressure to do more with less. We explain how a shift in strategy can help generals counsel continue to deliver results and even drive revenues despite budget cuts.
As litigation funding continues to grow in Canada, how can claimants differentiate between funders and make an informed choice for their funding needs?
As we advance into the second half of 2019, three trends that have taken shape in recent years continue to propel growth of the litigation finance industry. We identify the trends below and discuss why they continue to matter in a sector bringing well-timed disruption to the legal services pricing model.
Litigation practice groups can yield predictable cash flows—even while taking matters on full contingency. We explain how portfolio financing makes it possible
In many insurance coverage cases, the insured may forego their coverage claims or settle for pennies on the dollar because the insured lacks the time, energy, and resources to pursue litigation. By working with a litigation funder, the insured can assert its rights with minimal up-front investment
Recent reports show that companies are forgoing millions of dollars in dormant claims and unpursued recoveries. An expected economic downturn is likely to exacerbate this problem as companies’ legal budgets are reduced further, making it less likely that funds will be expended on disputes. A legal recovery program, combined with dispute resolution finance, can mitigate these problems and generate revenue and value for companies.
One of the most complex issues facing many in-house counsel is the expense of litigation. Companies, even well-capitalised ones, with potentially valuable claims are often reluctant to pursue them, or see them through to their most valuable stage. Dispute resolution finance can help in-house counsel transform their legal departments from cost to profit centres.
Asia is the fastest-growing economic region in the world. Increasing regional cross-border investment leads to a rise in the number of international commercial disputes. The dispute resolution finance industry in Asia is still developing. However, growth of the industry is expected to be swift. IMF Bentham's Asia-based team have recently co-authored two articles on third-party dispute resolution finance in Singapore and Japan.
IMF Bentham's Nathan Landis shares insights from his experience living and working in the Middle East and why the market for dispute resolution finance is growing rapidly.
While Bentham IMF appreciates the role it can play in giving plaintiffs the resources they need to have a fighting chance in cases where the strength of their claims merit pursuit, we must exercise caution when making investments.
IMF Bentham is delighted to be recognised as the only ‘Band 1' funder in the Asia-Pacific from the legal industry’s leading global directory, Chambers and Partners. We are also one of only two funders ranked Band 1 in the United States.
What many lawyers may not realize is that they can take proactive steps to do something about it—and in the process obtain new, or more, business while forging a stronger relationship with their clients. In working with a litigation funder, outside counsel can develop a plan for alternative fee arrangements for affirmative litigation that will drive revenue for their client, trim litigation costs, and reduce risk.
