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.
What a difference a phrase makes. How the removal of "under this chapter" by Congress in its 2011 amendments to 28 U.S.C. section 1391 caused SCOTUS to limit a patent holder’s choice of venue to the defendants’ place of incorporation in TC Heartland LLC v. Kraft Foods Group Brands LLC.
Three years after its rejection by the Committee on Rules of Practice and Procedure, the U.S. Chamber of Commerce renews its attempt to stifle litigation finance through a broad automatic disclosure rule.
Litigation funding can provide distinct advantages for oil and gas companies that are seeking ways to generate or preserve capital as they emerge from an industry-wide downturn.
Having made the transition from lawyer to litigation funder, IMF Associate Investment Manager, Laura Maytom, provides her top tips to Senior Associates on how litigation funding can help both their clients and career.