Justice Brett Kavanaugh made headlines earlier this month when he issued his first majority opinion for the United States Supreme Court. The opinion resolved a circuit split over whether the Federal Arbitration Act permits a court to decline to enforce arbitration agreements that delegate arbitrability questions to an arbitrator.
As Bentham IMF celebrates its third anniversary in Canada, Chief Investment Officer Tania Sulan reflects on the company's achievements and what lays ahead for our business and the litigation funding industry in 2019.
IMF Bentham Limited (IMF Bentham), a leading global dispute funder, announced a proposed shareholder action in Denmark seeking compensation for losses suffered by shareholders of Danish financial institution, Danske Bank A/S.
Last week, the U.S. District Court for the Northern District of California denied as irrelevant defendant Micron Technology’s demand that plaintiff MLC Intellectual Property disclose the identity of the source of any third-party funding in MLC’s patent infringement lawsuit.
It's the season for partnership announcements, and the team at Bentham congratulates newly minted partners! As new partners look for ways to add value, it is worth considering the commercial litigation funding tools offered by Bentham.
Modern litigation finance offers an alternative to the rising costs of traditional loans, and can allow cash-strapped businesses to simultaneously pursue growth strategies and valuable litigation claims.
The American litigation finance industry is seeing increasing demand for litigation funding taking root at companies and law firms across the country. This demand, which companies like Bentham are meeting with increasing capital available for investment, demonstrates recognition within the legal and business communities of the economic value that litigation funding affords to parties pursuing and handling high-stakes commercial litigation.
The Hong Kong Department of Justice (“DOJ”) has published the much-anticipated Code of Practice for third-party funding of arbitration, which will regulate and provide guidance to the arbitration funding industry in Hong Kong. The DOJ has confirmed that the new provisions of the Arbitration Ordinance, which facilitate the funding of arbitration, will come into operation on 1 February 2019.
Another year, another leap forward for commercial litigation funding: as we predicted at the end of 2017, the industry’s rapid growth continued unabated in 2018. The year was marked by story after story covering the growth of litigation funds as an attractive alternative investment class.
Leading litigation funder IMF Bentham Limited has returned to the UK/EU with the launch of its subsidiary IMF EMEA. IMF EMEA is based in London and staffed by highly experienced alumni. It is headed by Oliver Gayner and includes Jeremy Marshall and Alistair Croft.
In May 2018, British Columbia modernized its International Commercial Arbitration Act by largely adopting the 2006 amendments to the UNCITRAL Model Law on International Commercial Arbitration.
IMF’s funds under management have increased to over A$1B. The new fund positions the company to substantially grow its US team and offer the resources needed to address market need and make larger investments.
The litigators at Bentham IMF’s Toronto office do not have traditional legal jobs. And so, it’s fitting that they do not work in a traditional law office. Instead, the open concept brick-and-beam space represents a different approach. “As soon as I walked in here I knew this would be a creative, innovative and fun place to work,” says Bentham lawyer Paul Rand.
Litigation funding can play an important role in bankruptcy reorganization. Learn how you can benefit from this non-traditional form of exit-financing.
