In what may prove to be a landmark decision for both of Singapore’s insolvency and litigation finance regimes, the Singapore High Court (HC) has ordered that Omni Bridgeway’s financing of an undisclosed private international arbitration be given super priority status in the context of a corporate restructuring.
Daniela Raz of Omni Bridgeway, Jose Astigarraga of Reed Smith, and Anna El-Erian of Gabriel Resources recently spoke to Annie Lespérance (Head of LatAm Group at Omni Bridgeway) about the development of the dispute finance market in Latin America.
The Australian Government is considering the merits of legislating a minimum return to group members in funded class actions, potentially as high as 70 per cent of gross proceeds. The introduction of a 70 per cent minimum would be a completely arbitrary measure and is not supported by reference to any analysis of the negative implications for the funding of class actions or the risks being assumed by litigation funders.
Omni Bridgeway’s Matt Harrison hosts an all-star panel of attorneys in this webinar brought by The Legal 500, where the most common questions about legal finance are discussed.
Did you read the last NDA you signed? Jeremy Marshall discusses the important UK Supreme Court decision in Harcus Sinclair LLP v Your Lawyers Limited and others and explains why an automatic e-signature could be very costly for lawyers and funders alike.
Brick by brick, the claim that funded class actions are the primary driver of rising directors’ liability insurance premiums is being dismantled. Even more precarious is the claim that the Commonwealth Government’s continuous disclosure reforms are the answer and will result in enormous savings for Australian business.
We take a deep dive into Canada’s amendments to its Foreign Investment Promotion and Protection Agreement Model ("model FIPA"). For foreign investors or parties bringing claims under new investment treaties, we discuss the key procedural and substantive changes.
Der Bundesgerichtshof hat mit – zum jetzigen Zeitpunkt noch nicht in den Entscheidungsgründen vorliegenden – Urteil vom 13. Juli 2021 (Az. II ZR 84/20) entschieden, dass Abtretungen an einen Inkassodienstleister rechtswirksam sind und kein Verstoß gegen das Rechtsdienstleistungsgesetz („RDG“) vorliegt.
With the Supreme Court recently handing down its decision in Manchester Building Society v Grant Thornton LLP and Khan v Meadows, Omni Bridgeway’s Jeremy Marshall highlights the challenges associated with litigation funding cases relating to audit negligence.
The international market for third-party funding is growing rapidly, driven by the increased use, cost, and complexity of international arbitration, together with increasing demands on arbitration parties and practitioners to manage the associated costs and risks and is gradually becoming more accepted in the Middle East and North Africa (MENA) region.
So much for the so-called ‘explosion’ in shareholder class actions backed by unscrupulous litigation funders. This claim, used liberally by sections of corporate Australia and their US big business allies to justify self-serving attacks on the litigation funding industry, was always based on dubious accounting. But now we have incontestable evidence that the ‘explosion’ is nothing more than a myth.
We discuss the recent UK decision in Laser Trust v Cfl Finance Ltd (2021) EWHC 1404 and how the distinction between a 'pure' vs 'professional' litigation funder played a role in the ultimate outcome of the case.
Innovation. Capital and risk management. Access to Justice. 35 years and counting. Thank you for allowing us to serve the legal and business communities with #litigationfinance for over three decades.
Omni Bridgeway celebrates its high ranking in the 2021 Chambers and Partners Litigation Support Guide and exceptional performance in Lawdragon’s 2021Global 100 Leaders in Legal Finance Guide, with 14 individuals recognised.
Know your options when pursuing litigation claims against a bankrupt defendant. In this Beyond Hourly podcast, learn how to obtain a successful outcome and how litigation finance can help maximize your recovery in this scenario.
Common law jurisdictions where third-party funding is in its nascent stage, such as Singapore, can look to jurisdictions with a more established third-party funding infrastructure, such as the U.K., to develop and refine its own regime. We engage in a comparative review of the development of litigation finance in the UK and Singapore and look ahead at how funding may continue to evolve there.
At present, Hong Kong lawyers are not permitted to charge legal fees based on the outcome of any proceedings. However, in some jurisdictions around the world, various forms of flexible financial solutions are permitted. As Hong Kong is a leading centre for arbitration and wishes to preserve and promote its competitiveness with other popular arbitral seats, the Law Reform Commission of Hong Kong (Commission) established a sub-committee to make recommendations regarding ‘Outcome Related Fee Structures’ (ORFS).
With a decade under our belt of operating in North America, we discuss our expansion in the region, how we’ve brought dispute funding services to claimants, firms, and companies, and predict what’s in store for the future of the litigation finance industry.