On a confidential basis, we provided finance for US$200m professional negligence claims against an auditor relating to the collapse of a substantial listed gold and jewelry business.
We are funding a portfolio of international arbitration proceedings in London and Singapore, arising out of contractual disputes between a media and entertainment company and two of its customers, which are large telecommunications companies.
We are funding one of the first funded international arbitrations in Hong Kong since the Special Administration Region amended its Arbitration Ordinance (Cap. 609) to permit third party funding (effective February 2019).
We funded a US-based oil company in an arbitration heard by the International Court of Arbitration of the International Chamber of Commerce.
Working with a leading public international law firm in London, Omni Bridgeway successfully funded confidential international arbitration proceedings brought by a corporate SME against an African state for breach of contract relating to an energy project.
We are funding international arbitration proceedings in Singapore International Arbitration Centre (SIAC) against an Asian state-owned entity following a failed M&A transaction (corporate acquisition) in the energy sector.
Class action brought in Australia by institutional and retail investors seeking damages caused by Treasury Wine Estates’ failure to disclose material information concerning excess inventory held by US distributors. Claim settled in 2017 for A$49m.
Omni Bridgeway funded the Air Cargo cartel class action alleging that major international airlines engaged in price-fixing in relation to the provision of air freight services, for a period of approximately seven years from 1 January 2000.
Omni Bridgeway funded a shareholder class action against Centro Properties and Centro Retail (collectively, Centro) alleging that in the period August 2007 to February 2008, Centro breached obligations of continuous disclosure in relation to debt obligations.
When an Asian Government Export Credit Agency, found itself unable to recover approximately JPY243 million owed to it by the Republic of the Philippines, it turned to Omni Bridgeway's enforcement and recovery team to devise and execute a recovery strategy that allowed for 100% recovery of monies owed via an installment payment plan.
Omni Bridgeway helped a firm bring a qui tam case on behalf of a relator who was subjected to retaliatory actions taken by his former employer upon his revelation of the employer’s fraud.
We funded two whistleblowers who uncovered a fraudulent scheme so vast, with inter-relationships between the bad actors so extensive, that an entire supply chain was implicated.
Omni Bridgeway helped a private company uncover and prove fraud being conducted by vendors billing delivery fee overcharges to state and federal entities. The scheme masked profits made by the vendors and allowed them to take inflated deductions for the goods they sold.