Modern litigation finance offers an alternative to the rising costs of traditional loans, and can allow cash-strapped businesses to simultaneously pursue growth strategies and valuable litigation claims.
The American litigation finance industry is seeing increasing demand for litigation funding taking root at companies and law firms across the country. This demand, which companies like Bentham are meeting with increasing capital available for investment, demonstrates recognition within the legal and business communities of the economic value that litigation funding affords to parties pursuing and handling high-stakes commercial litigation.
Another year, another leap forward for commercial litigation funding: as we predicted at the end of 2017, the industry’s rapid growth continued unabated in 2018. The year was marked by story after story covering the growth of litigation funds as an attractive alternative investment class.
IMF’s funds under management have increased to over A$1B. The new fund positions the company to substantially grow its US team and offer the resources needed to address market need and make larger investments.
The approaching end of the calendar year means that it’s officially announcement season for big law firms, as associates will learn what year-end bonuses they can expect, and a select few top senior associates will learn if they’ve earned the biggest bonus of all: partnership status.
Corporate legal departments are in the midst of a transformation. They are embracing operational efficiencies and building teams that allow for the insourcing of legal matters traditionally handled by outside counsel.
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.
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.
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.
Global litigation financing firm Bentham IMF and Kobre & Kim, a New York-based law firm are providing a solution to enforce important legal rights against large, multi-national corporations that have wronged them.