Law firm Gadens yesterday filed class action proceedings in the Federal Court of Australia against the Department of Defence on behalf of the local community which has been devastated by contamination emanating from the RAAF base in Williamtown near Newcastle NSW.
Vaughn R Walker, former United States District Judge for the Northern District of California and John Sulan, former justice in the South Australia Supreme Court, will help the company vet opportunities to fund commercial litigation and arbitration matters for clients in jurisdictions including the U.S., Australia, Canada, New Zealand, Hong Kong and Singapore.
In the past three years, Bentham has entered into five funding transactions with whistleblowers and their counsel in cases exposing fraud committed against the government. Bentham now announces a new initiative to arm whistleblowers with the resources they need to successfully pursue these claims.
IMF Bentham, the world’s pioneering and most experienced commercial litigation funder, announced it has agreed to sponsor the IMF Bentham Class Actions Research Initiative at UNSW Australia’s Faculty of Law. IMF will commit $160,000 in funding to the Initiative over an initial 2-year term.
Bentham IMF has created a new product designed to address two critical – but often opposing – law firm business objectives: boost the bottom line while meeting client demand for more service at lower costs.
Starting the new year with brisk momentum, leading commercial litigation funder Bentham IMF reports strong recent results in its US investment portfolio, the launch of a Canadian office and the hiring of its first Chief Marketing Officer.
In the past year, the firm has committed $30 million in funding over 60 cases handled by seven law firms in New York, Washington, Los Angeles, New Jersey and London; matters include cases in insurance coverage, intellectual property, commercial disputes, whistleblower claims and art repatriation.
Further expanding its U.S. operations, leading litigation funder Bentham IMF has made two new hires in New York and San Francisco, with midlevel lawyers who practiced at top Am Law 100 firms.
Leading litigation funder Bentham IMF is ending 2014 on a strong note in the US, with robust dispute recoveries, a set of freshly completed cases and the addition of an experienced new member to its US investment management team.
Bentham IMF joined with Burford Capital and Gerchen Keller in writing a letter to the Advisory Committee on Rules of Practice and Procedure regarding an amendment to Federal Rule of Procedure 26. The letter, dated October 21, 2014 explains why the US Chamber Institute for Legal Reform's proposed amendment to "require disclosure of third-party investments in litigation" is unnecessary, untimely, and contrary to the purpose of Rule 26.
Bentham IMF, the US arm of the world’s most successful litigation funding firm, Bentham IMF Limited, announced that it has formed an advisory panel of renowned trial lawyers and legal experts to provide strategic support to Bentham.
Bentham IMF, the world’s most successful litigation funder, adopted a Code of Best Practices today. The Code will govern its operations in the United States.
An Australian Court has become the first in the world to find a ratings agency liable for AAA ratings on junk derivatives, paving the way for many new possible claims in the United States and elsewhere.
In a judgment handed down on Friday, September 21, 2012, the Australian Federal Court found that Lehman Brothers Australia had breached its fiduciary duties to municipalities, charities and churches by selling them highly risky, “synthetic” collateralized debt obligations (SCDOs), which blew up in the housing crisis.