Blog

Meet the Team: Spotlight on Marianne Talbot

Our Chief Marketing Manager, Marianne Talbot, possesses a unique combination of litigation and marketing experience that is key to growing Bentham's presence in the United States. Please join us in extending a warm welcome to Marianne!

Will a Decrease in the Use of Outside Counsel Direct Attention to the Litigation Finance Industry By Corporate Counsel?

The results of the 2014 Altman Weil survey of 186 Chief Legal Officers ("CLOs") raises some interesting questions as to how CLOs will further reduce and control costs for their firms. A seven year trend of continued decreases in the use of outside counsel begs the question as to what other resources CLOs can look at to help alleviate the high costs and risks associated with litigation. It will be interesting to see the results of Altman Weil's 2015 survey and whether the litigation finance industry will see an increase in use by CLOs.

Meet the Team: Spotlight on David Kerstein

Our New York team is growing with the recent addition of David Kerstein. He is a seasoned complex commercial litigator bringing with him 15 years of experience. When David is not in the office, you may find him out and about cheering for the local NYC sports teams or enjoying his favorite dish at a local restaurant. Please join us in welcoming David to Bentham!

S&P Held Accountable For Their Role in the Global Financial Crisis

IMF Bentham, our parent company, provided litigation finance that led to a 2012 ruling of liability against a major ratings agency for their actions. Fast forward to 2015, where a handful of U.S. entities settled with the S&P for their part in contributing to the global financial crisis. The final portion of our two-part series summarizes these settlements that likely mark the beginning of actions in the U.S. which seek to hold credit ratings agencies accountable for deceptive ratings practices.

IMF Bentham Helped Lead the Way in Holding S&P Accountable for Misconduct that Led to the Global Financial Crisis

In the first portion of this two-part series focusing on S&P's recent settlements with various U.S. entities, we discuss how litigation finance provided in Australia by our parent company, IMF Bentham, helped light the powder keg of subsequent lawsuits and regulations that sought to make ratings agencies accountable for their part in the global financial crisis.

State Farm Seeks Revenge with Indiana’s HB 1340 Bill

Insurance companies and Big Business took note when an Indiana jury handed down the largest defamation award in U.S. history - $14.5M ($17M after interest) - in favor of Joseph Radcliff and against State Farm Fire & Casualty Co. Pivotal to Radcliff's ability to withstand the course of litigation and subsequent appeals was the assistance of litigation funding from Bentham IMF. In an effort to prevent litigation finance companies from continuing to help average Joe's hold Goliath Industries accountable for their wrongdoing, Big Business is pushing to pass HB 1340 in Indiana, which upon a close reading, is overbroad, unduly restrictive, and anti-business.

Celebrating Australia Day

In honor of our parent company, IMF Bentham, and the birthplace of the commercial litigation finance industry, Bentham's Los Angeles office hosted an Australia Day party at a pub in downtown LA. Good cheer and good grub attracted Bentham's friends and colleagues to celebrate a significant Australian holiday.

Can Joe help David beat Goliath?

Through crowdfunding on the Internet, "Joe Public" has arrived to help David beat Goliath. David’s damages are usually under $1million, too small for consideration by Bentham but significant to David. Goliath is often the type of mighty corporate behemoth Bentham finds in larger cases. Funding these types of cases through the Internet allows Joe the opportunity to help “David” hold “Goliath” accountable.

Bentham IMF's 2014 Year in Review

It has been a great year for Bentham IMF and the development of the litigation funding industry in the United States. We look forward to continued success and progress in 2015!

Benefits of Giving Some Control to Funders During Litigation

In light of the recent decision over a litigation funder's liability for a defendants' costs on an indemnity theory in Excalibur Ventures LLC ("Excalibur") v. Psari Holdings et al (which arose out of the Excalibur v. Texas Keystone Inc, et al matter), Bentham Europe's Jeremy Marshall discusses the benefit of giving some control to a funder during the course of litigation in the December issue of Litigation Funding magazine.

Just the Facts: Litigation Funding Does NOT Promote Frivolous Class Action Lawsuits

Say it’s not so. Opponents of litigation funding have cried out that litigation funding will bog down the courts with an avalanche of unnecessary lawsuits. Now we have statistics compiled by Australia’s Monash Business School that the number of class actions has not increased since the introduction of litigation funding in 2001 (pioneered by Bentham, of course -- one of the reasons Bentham's founders were named one of "The Top 50 Innovators in Big Law in the Last Fifty Years".).