12 November 2019
Two months after it acquired Vannin Capital, Fortress Investment Group has closed the third-party funder’s US and German offices and halved the number of staff as it pursues a change in direction.
Premium article - 16 October 2019
Sydney-listed IMF Bentham will merge with another disputes funder, Amsterdam-based Omni Bridgeway, to create a “truly global funder” with a capital of US$1.48 billion.
Premium article - 02 October 2019
Burford Capital has sued the London Stock Exchange in a bid to identify investors which the litigation and arbitration funder says illegally wiped £1.7 billion from its value.
Premium article - 19 August 2019
Charlie Lightfoot, chair of international arbitration at Jenner & Block, discusses recent developments in the third-party funding market and factors that parties should consider before entering into a funding arrangement.
Premium article - 16 August 2019
Embattled disputes funder Burford Capital is replacing its chairman and chief financial officer as it bows to investor pressure following an attack on its governance and accounting practices that led its share value to fall by 65% last week.
Premium article - 09 August 2019
Third-party funder Burford Capital has strongly denied accusations contained in a report by a US hedge fund that led to a 65% drop in its market capitalisation.
Premium article - 28 June 2019
Singaporean companies linked to a prominent Israeli businessman have lodged a third-party funded ICSID claim worth more than US$150 million against Peru concerning investments in the electricity sector.
Premium article - 13 June 2019
Dentons and the global head of its international arbitration group have asked a court in Delaware for permission to recover unpaid fees from a client by forcing the sale of a US$96 million ICC award that the law firm helped it obtain in a dispute with the Democratic Republic of the Congo.
Premium article - 07 May 2019
An ICSID case that left an unsuccessful claimant saddled with a US$6 million adverse costs award was financed by Australia-based disputes funder IMF Bentham, GAR has confirmed.
Premium article - 28 March 2019
Clyde & Co has entered into an arrangement with a London-listed Australian disputes funder to help its clients “unlock new ways to manage and pay for disputes.”