A £14 billion class action against MasterCard in the UK's Competition Appeal Tribunal has been stopped in its tracks, following its failure to be certified as a 'collective proceeding'. IMF Bentham Investment Manager, Oliver Gayner, explains more about the recent decision and what it means for the new UK class action regime.
Financial support is the benefit most often sought by claimants who use third party litigation funding to pursue meritorious commercial litigation claims. The benefits of working with Bentham, however, also include additional advantages that can improve a claimant’s chances for litigation success.
For those looking to launch a litigation boutique firm, a primary concern is how to cover initial overhead expenses without personally acquiring mountains of debt. Here’s how portfolio funding can help.
IMF Bentham bought together a panel of class action experts to provide their insight on the current issues in finalising class action litigation. Here’s what they had to say.
ABCs are an increasingly common choice for insolvent companies looking to liquidate assets without going through the traditional Chapter 7 or 11 bankruptcy process.
Maurice Blackburn Principal, Rebecca Gilsenan, and UNSW Law Associate Professor, Michael Legg, recently presented a detailed report on class action settlement distribution schemes. The research was presented as part of the IMF Bentham Class Actions Research Initiative conference.
The Hon Justice Michael Lee (Federal Court of Australia) explores the issue of whether the courts have the power to adjust litigation funders’ contractual commission rates.
Cutting edge research on Settlement Distribution Schemes was presented by Associate Professor Michael Legg (UNSW Law) and Rebecca Gilsenan (Principal, Maurice Blackburn Lawyers), at the IMF Bentham Class Action Conference.
Class action experts came together to explore issues in finalising class actions. Panel experts included:
Hon Justice Jack Forrest (Supreme Court of Victoria); Professor Simone Degeling (UNSW Law); Bill Petrovski (William Roberts Lawyers); Jason Betts (Herbert Smith Freehills); Brett Jordan (Senior Technical Claims Advisor, Major Loss Financial Lines Claims, AIG Australia Limited), and was moderated by Wayne Attrill (IMF Bentham).
In this Debtwire podcast, Bentham IMF’s Dave Kerstein, along with Morgan Lewis’ Ed Smith and James Moore, discuss financing litigation in the distressed space.
A recent IMF Bentham and UNSW Class Action Conference examined 'hot topics' in class action litigation, including whether the courts have the power to adjust litigation funders’ contractual commission rates. IMF Bentham Senior Investment Manager, Wayne Attrill, summarises the points raised by Justice Michael Lee on this important topic.
On Wednesday, 14 June 2017, Hong Kong’s Legislative Council passed long-awaited legislation expressly permitting third-party funding for arbitration, mediation and related court proceedings in Hong Kong.