IMF Bentham’s Matthew Kennedy and Noah Wortman discuss the rapidly evolving class action regime in Australia and how IMF Bentham’s global program assists institutional investors to recover value for shareholders.
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.
Litigation funding isn’t just for clients: increasingly, law firms are turning to funders to help them manage the business side of law so that they can better focus on winning cases, meeting client needs, and attracting new business.
Global dispute financier IMF Bentham Limited and William Roberts Lawyers have commenced a second product liability class action in the Federal Court of Australia under consumer protection laws. The action is against the manufacturer of ‘Vitrabond’ PE core cladding products, Fairview Architectural Pty Ltd. It follows the commencement in February 2019 of a class action against the manufacturers of ‘Alucobond’ PE core cladding products.
Litigation finance can serve as a powerful tool for new general counsel looking to transform their law departments. The new GCs are inheriting a rapidly shifting legal department landscape. Increasingly, companies are expecting law department leaders not only to mitigate risk, but to help generate revenue and boost corporate profit margins.
Lawdragon’s 2019 guide to the 100 Leading Legal Consultants and Strategists has recognized Andrew Saker and Allison Chock among leading professionals in commercial litigation funding.
Legal industry surveys estimate 72 percent of litigators will have firsthand experience working with a litigation financing company within two years. Find out what sets a funder apart.
Many firms are now turning to litigation finance to get comfortable with taking matters on contingency. With litigation finance, firms are given the opportunity to maximize revenue and generate greater value for their clients.
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.
Litigation finance is often thought of as a resource used solely by law firms, individual claimants and small companies. However, the benefits of using it to pursue strong claims also appeal to mid-sized and large companies.
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.
Omni Bridgeway’s Gavin Beardsell has been interviewed for a podcast by Amanda Farmer, founder of Your Strata Property. Gavin discusses the combustible cladding class action that Omni Bridgeway is funding against the manufacturers of Alucobond polyethylene (PE) core cladding products.
When funding is used to finance litigation, legal spending is removed from the books, the company’s bottom line improves, and cases are transformed into financial assets.
Litigation finance allows law firms and companies access to a source of capital that can be far more flexible than other financing options—with stronger results for the bottom line.
Global dispute funder, IMF Bentham Limited, and Boies Schiller Flexner LLP (BSF), one of the leading litigation and arbitration firms in the world, have announced their agreement to provide up to US$30 million to fund international arbitrations globally or litigation in the US or UK for Vietnam-related cases. This is the first country-specific litigation funding deal for IMF Bentham in Asia.
