Recent proposed changes to the rules governing investment treaty arbitrations demonstrate the growing use and evolution of third party funding in international arbitration.
IMF Bentham Limited has announced it is proposing to fund a potential class action seeking compensation for property owners of certain buildings throughout Australia that have a highly combustible and therefore potentially dangerous external cladding. Law firm William Roberts will act for claimants in the action.
IMF Bentham Limited’s Ewen McNee was delighted to participate in the Superannuation Fund Investment Operations Forum 2018, held in Sydney on 22-23 October. The forum, presented by International Business Review, was the 5th annual Superfund Back Office conference.
Bentham IMF Investment Manager, Ken Epstein, joined Howard Brownstein, President and CEO of Brownstein Co. and Cathy Reece, financial restructuring, bankruptcy and creditors' rights practice group chair at Fennemore Craig, to discuss litigation finance in a Debtwire podcast airing on October 25, 2018.
Global litigation financier, IMF Bentham Limited, has featured in The Australian Legal Review magazine. The Australian was keen to understand how this extremely successful pioneer achieved its position as one of the most trusted brands in the funding industry. The answer to IMF Bentham’s success is its highly talented and experienced team of Investment Managers and a rigorous investment process overseen by a prudent Investment Committee, comprising industry founders and former judges (including The Honourable John Sulan QC who was interviewed for the feature). The 500+ years collective wisdom of this team has produced a 90% success rate over 17 years, recovering $1.4 billion for funded claimants.
An unfortunate yet all too frequent problem that arises in the lifecycle of startup and emerging companies worldwide is how to effectively enforce important legal rights against large, multi-national corporations that have wronged them.
Part two of our series focuses on how our legal counsel collaborate with Bentham’s investment managers to make deal decisions, and the strategies they employ to objectively evaluate cases for investment.
IMF Bentham Limited’s Cheng-Yee Khong participated in the first leg of a roadshow held in London to launch the new MARC Arbitration Rules. The new Rules were officially launched in Mauritius and came into force in May 2018. The roadshow in London was held to inform practitioners and arbitrators about MARC and the development of international arbitration in Mauritius which has a supportive judicial system.
IMF Bentham Limited’s Andrew Saker and Clive Bowman were interviewed for the Legal Affairs section of The Australian. Andrew is the global Managing Director and CEO and Clive is the Chief Executive for Australia and Asia.
IMF Bentham Limited was very pleased to provide further submissions to the Australian Law Reform Commission’s (ALRC’s) Inquiry into Class Action Proceedings and Third-party Litigation Funders.
IMF Bentham Limited’s Cheng-Yee Khong attended IBA 2018, the International Bar Association’s Annual Conference, held in Rome this year. The IBA’s Annual Conference is the legal profession’s largest international event. Cheng-Yee was a panellist on a session titled, Arbitration and Litigation Finance in the Arab World.
Recently released statistics show a rapid rise in the number of trade secret cases filed in the United States. It is a trend we are seeing play out at Bentham IMF, as well as with litigants increasingly seeking opportunities to employ litigation funding to finance their claims.
Behind the scenes at Bentham IMF, we employ a talented cadre of legal counsel, many of whom have left law firms—and billable—to focus on helping our company make critical litigation investment decisions.
A recent case in Canada provides a prime example of how the innovative use of litigation funding can unlock potential claims worth millions of dollars to a bankrupt estate.
IMF Bentham was delighted to co-host a National Class Actions Conference with the University of New South Wales (UNSW) in Melbourne on 25 September 2018.
The readers of Canadian Lawyer have spoken, and they have identified Bentham IMF as one of their top litigation funders. Over 2,000 professionals cast 89,000 votes in this years’ competition – so it’s a huge stamp of approval.
IMF Bentham's Clive Bowman, Tom Glasgow and Cheng-Yee Khong were delighted to participate in Asialaw & Benchmark Litigation Asia-Pacific Dispute Resolution Summit in Hong Kong on 20 September.
IMF Bentham was delighted to host a seminar in Hong Kong on 20 September 2018 on the efficient management of litigation and arbitration. The guest speaker was Sir Rupert Jackson, a former Lord Justice of the Court of Appeal of England and Wales.