IMF Bentham and Boies Schiller Flexner announce US$30 million to fund Vietnam-related arbitration and litigation

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.

Litigation funding practice pointer: what funders look for when evaluating damages

Over the course of its years in the litigation finance industry, Bentham has developed funding criteria to guide its investment strategy. These criteria are tailored to each type of funding product Bentham offers, and, while they vary slightly by funding category, they are all designed with the common goal of helping to identify quality cases where the introduction of litigation funding can provide a fair, healthy return to all parties involved – claimant, lawyers, and funder.

The changing world of dispute finance, part 2 – where to next?

IMF Bentham’s Chief Investment Officer (Asia), Tom Glasgow, explains developments in dispute finance in Asia (including jurisdictional nuances and funders’ investment criteria) and Managing Director and CEO of IMF Bentham’s global operations, Andrew Saker, discusses the expansion of funding products available.

The new tool investment bankers are suggesting to financially distressed corporate clients

As investment bankers realize how funding serves to leverage affirmative legal claims, which are commonly overlooked assets, they are seeking opportunities to connect their distressed clients with opportunities to transform claims into vehicles for immediate income and substantial future recoveries. Such opportunities can be impactful for distressed clients because they help to improve a company’s cash position and profitability.

Dispute funding and the energy sector

Disputes that arise in the energy sector are invariably complex, high value and often cross-border in nature. Common examples include disagreements about the construction or operations of oil and gas extraction projects, power production projects, commodity contract disputes and joint venture disputes. These types of commercial disputes are increasingly referred to international arbitration.

Cost budgeting: controlling the costs of litigation

One of the most significant challenges for in-house legal teams is resource and budget limitations. Costs budgeting by both sides in litigation has the potential to enable the Courts, as well as the parties, to better manage and control the costs of the litigation and to avoid the risk of costs becoming disproportionate to the claim size.

How funding can optimize the outcome of your company’s litigation

Litigation finance provides litigants and lawyers access to capital to pursue meritorious litigation where there is a substantial chance of a positive outcome. In exchange, the funder receives a return, usually via a multiple of its investment or a percentage of the recovery. Financing is non-recourse, which means that the funder receives a return on its investment only in the event the litigation is successful .