IMF Bentham Limited has agreed to finance its first international commercial arbitration in Singapore. It is one of the first known examples of funded international arbitration in Singapore since the city-state passed new laws facilitating the use of third-party funding last year.
Sale of the majority of its US investment portfolio to its US Fund enables company to retain substantial upside exposure to the cases while substantially de-risking its balance sheet.
IMF Bentham is delighted to welcome Ms Cheng Yee Khong as Associate Investment Manager based in Hong Kong. Cheng Yee joins Tom Glasgow, Investment Manager - Asia, based in Singapore, as part of IMF Bentham’s expanding footprint in the region, responsible for identifying, assessing and managing investments throughout Asia.
On 15 December 2017, George Brandis QC, the then Attorney General announced an Inquiry into third-party litigation funding and class action proceedings, to be conducted by the Australian Law Reform Commission (ALRC). IMF Bentham welcomes the Inquiry, and looks forward to assisting the ALRC to conduct a balanced, evidence-based review of the litigation funding industry.
Bentham IMF announced today that New York bankruptcy lawyer Ken Epstein, formerly with MBIA and Cadwalader, has joined as an investment manager and legal counsel to lead bankruptcy funding. Christopher Young, previously with RBS, has joined as Corporate Counsel to work with US and global legal and investment teams.
IMF Bentham Limited, the parent company of US-based Bentham IMF, announces today that it has raised two litigation finance investment vehicles with aggregate committed capital of A$150 million to fund future investments in Australia, Asia, Canada and Europe. The announcement follows the company’s February 2017 launch of a USD$200 million litigation finance funding vehicle to fund investments in the United States.
Australia’s largest litigation funder IMF Bentham is teaming up with Australia’s leading class action law firm, Maurice Blackburn Lawyers for a potential class action on behalf of shareholders in Sirtex Medical Limited.
Bentham IMF opposes the latest request for mandatory disclosure of litigation finance by the US Chamber of Commerce to the Committee on Rules of Practice and Procedure.
The claims arise as a result of AET’s conduct as the trustee of the SEAS Sapfor (Southern Australian Perpetual Forests) scheme, and are being brought on behalf of around 4500 scheme investors (known as the Covenantholders) by Mr David Kerr of RSM as the court appointed additional trustee of the scheme.
Bentham IMF announced today that Allison Chock has been named as the new Chief Investment Officer for the company. Allison steps into the role after serving for almost four years as an Investment Manager and head of Bentham’s Los Angeles office.
Australia’s leading class action law firm, Maurice Blackburn Lawyers, together with the support of global litigation funder IMF Bentham, today opened an online registration portal for aggrieved shareholders to sign up to a claim that could well exceed A$100 million.
IMF Bentham Limited, Australia's largest litigation funder, is expanding its business in Asia with the launch of a new office in Singapore and the hire of Tom Glasgow as Investment Manager - Asia.
Shine Lawyers has today announced that a class action brought against the Commonwealth of Australia (Department of Defence) in connection with land contamination will go ahead, with litigation funder IMF Bentham Limited (IMF) electing to unconditionally fund the litigation.
IMF Bentham and William Roberts Lawyers today announce that proceedings have been filed in the Federal Court of Australia against Spotless Group Holdings Ltd.
Leading class action law firm Slater+Gordon, backed by litigation funder IMF Bentham, has today commenced proceedings in the Federal Court of Australia against Bellamy’s Australia Limited.
Bentham IMF taps Eric Chenoweth, longtime litigation partner of top-ten trial boutique Yetter Coleman to head new office; Company sees substantial commercial funding opportunities across Texas’ vibrant litigation market.
Litigation funding company, IMF Bentham Limited, has launched a US$200 million litigation investment vehicle together with funds managed and advised by a large US hedge fund, focused on the US market. The Funds will invest up to US$150 million and IMF will invest up to US$50 million.
