Omni Bridgeway to fund claims against UBS in connection with Folli Follie bond offering
Omni Bridgeway today announces that it will fund the claims of a significant group of bondholders against leading Swiss Investment Bank UBS AG concerning the Bank’s role in the 2017 sale of Swiss franc-denominated debt for Greek retailer Folli-Follie Commercial Manufacturing and Technical SA (Folli Follie) that has since defaulted.
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Omni Bridgeway resolves to fund claims on behalf of Wirecard AG shareholders against Ernst & Young GmbH
Omni Bridgeway announces that it has resolved to fund proposed litigation to be brought by shareholders of Wirecard AG against its auditor, Ernst & Young GmbH.
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Omni Bridgeway invests in Japanese legal business to provide access to justice for Japanese claimants
Omni Bridgeway Limited announces a new legal finance facility and an equity investment in an exciting new Japanese business providing Japanese clients with access to justice, without the associated costs and risks of pursuing their claims.
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Omni Bridgeway calls for sophisticated debate on litigation funding fees
Omni Bridgeway Limited has used a submission to the federal parliamentary inquiry into litigation funding and class actions to recommend legislative changes to enhance the integrity of the class action system and to call for more sophisticated analysis of the returns to litigation funders.
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Omni Bridgeway welcomes leading international arbitrator Benjamin Hughes to its Investment Committees
Omni Bridgeway is delighted to welcome highly respected international arbitrator, Benjamin Hughes to its Investment Committees, the decision-making bodies responsible for selecting the group’s investments.
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A win for claimants in Alucobond cladding class action
In the Alucobond cladding class action the claimants, which include the bodies corporate of residential apartment buildings plus local councils, had a significant victory this week after the Federal Court of Australia rejected the German manufacturer’s submissions that the proceeding should no longer continue as a class action or in the alternative, the number of persons who are entitled to participate in the action should be limited.
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Omni Bridgeway funds first international arbitration seated in Hong Kong
Proceedings have been filed in Omni Bridgeway Limited's first funded international arbitration in Hong Kong since the Special Administration Region amended its Arbitration Ordinance (Cap. 609) to permit third party funding (effective February 2019).
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Omni Bridgeway welcomes Raymond van Hulst to the Board
Omni Bridgeway is delighted to announce the appointment of Raymond van Hulst to the Board of Directors, effective 9 April 2020.
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The world’s largest dispute resolution finance team continues expansion with senior appointments
Omni Bridgeway has welcomed talented new colleagues to the team as the company continues its international expansion. The appointments include global leadership positions and important roles in Australia in response to increased appetite for dispute finance solutions. Omni Bridgeway can also announce it is expanding its footprint into New Zealand, where the firm is already active in several actions.
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IMF Bentham to become Omni Bridgeway
IMF Bentham and Omni Bridgeway are excited to announce that IMF Bentham is adopting the unified global name of Omni Bridgeway Limited, following a shareholder vote at the company's General Meeting on 14 February 2020.
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The world's largest dispute finance team just got even stronger with Mr Maarten van Luyn joining Omni Bridgeway and IMF Bentham in Europe as Director of Collective Redress
Omni Bridgeway and IMF Bentham are delighted to announce the addition of veteran commercial lawyer, Mr Maarten van Luyn, to the company's expanding Europe team. Maarten joins as Director of Collective Redress, based in Amsterdam, where he will source, assess and manage high value strategic litigation finance solutions throughout Europe, with a focus on group claims and LegalTech solutions for group claims.
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Thousands of Queensland flood victims to be compensated after IMF Bentham-funded court action
IMF Bentham has welcomed the Supreme Court of New South Wales judgment in the Brisbane Floods class action, which will allow thousands of individuals and businesses to recover losses caused by the severe flooding in 2011.
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IMF Bentham and Glaister Ennor announce the filing of an application in the New Zealand High Court in Auckland seeking leave to commence a class action against CBL Corporation (in liquidation)
IMF Bentham and Glaister Ennor announced the filing of an application in the New Zealand High Court in Auckland seeking leave to commence a class action against failed NZ insurance company, CBL Corporation (in liquidation), which will seek to recover compensation for shareholders of CBL.
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Global litigation funder, IMF Bentham, and law firm Russell McVeagh announce investigation of a New Zealand Class Action regarding PE core combustible cladding
IMF Bentham and Russell McVeagh announce a New Zealand Class Action is under investigation. Like the two Australian actions funded by IMF Bentham, the NZ class action will also be a product liability claim against certain manufacturers of Alucobond and Vitrabond PE core cladding products.
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Leading dispute financiers IMF Bentham and Omni Bridgeway complete merger transaction
Leading dispute resolution financier IMF Bentham announces that it has completed the merger with Omni Bridgeway Holdings BV previously announced on October 15, 2019.
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Ruth Stackpool-Moore joins IMF Bentham and Omni Bridgeway Asia team
IMF Bentham is delighted to announce that on Monday, 4 November 2019, Ms Ruth Stackpool-Moore joined our expanding global team as Investment Manager, based in our Singapore office.
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Leading dispute financiers IMF Bentham and Omni Bridgeway announce plans to merge
Leading litigation and disputes funder IMF Bentham announces that it is acquiring Omni Bridgeway Holdings BV to create a truly global diversified funder with over A$2.2 billion in capital to fund disputes and enforcement proceedings of significant size and complexity throughout the world.
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IMF Bentham and Glaister Ennor announce a shareholder class action in the New Zealand High Court regarding the collapse of CBL Corporation
IMF Bentham and leading New Zealand law firm Glaister Ennor announced today a class action seeking compensation for shareholders of failed New Zealand insurance firm CBL Corporation. The collapse of CBL has impacted shareholders across the world, including retail investors in New Zealand who have seen their investment in CBL wiped out. The action will allege CBL breached its obligations to keep shareholders properly informed about CBL’s French insurance business.
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Supreme Court of NSW awards in favour of IMF funded case concerning SEAS Sapfor forestry scheme
Leading litigation and disputes funder IMF Bentham and leading commercial law firm, Piper Alderman, confirm the Supreme Court of New South Wales handed down judgment in favour of their funded client, David Kerr in his capacity as additional Trustee of the SEAS Sapfor forestry scheme (Trustee).
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