Omni Bridgeway

Modern data centres cover millions of square metres, house expensive computing equipment, and consume as much power as small cities. They are complex undertakings involving intricate contractual obligations and supply chain interdependencies spanning all industries and economic sectors. With significant financial stakes tied to construction delays, regulatory compliance, service level agreements, intellectual property rights and energy supply, disputes are becoming more frequent and costly. Omni Bridgeway's Andrew Roberts explains why litigation funding is the perfect tool to alleviate the financial pressures created by data centre disputes and improve the investment returns on these assets. Read the full blog pots here: https://lnkd.in/eWMWSBJ2 #LegalFinance #LitigationFunding #DataCentres #DataCenters

The United States has long purported to be a champion of arbitration. This stance is embodied both in the “pro-arbitration” Federal Arbitration Act enacted by Congress nearly a century ago and in U.S. treaties providing for the recognition of international arbitration awards. The U.S. likewise boasts rich jurisprudence regarding personal jurisdiction, defining when parties can be hauled into court in this country. But what happens when these two principles collide, for example, when a foreign losing party to an international arbitration merges into another entity that has property in the U.S. that can be used to satisfy an adverse award? The U.S. District Court for the District of Delaware recently confronted this situation in Sociedad Concesionaria Metropolitana de Salud S.A. v. Webuild S.P.A. and Omni Bridgeway's Jeff Newton discusses the implications of the court's decision. There, the court rendered a decision that—if taken literally—could significantly limit the ability of arbitral award holders to enforce awards against creative adversaries and serve as a boon to award debtors seeking to avoid their obligations. Read the full article here: https://lnkd.in/erXnzknw The article also appeared in Law360: https://lnkd.in/eTsD4AYZ #JudgmentEnforcement #LitigationFunding #LegalFinance

Matt Harrison will appear on this virtual panel alongside Professor Victoria Sahani, Boston University School of Law; Emil Ali, McCabe & Ali LLP; and John Steger, Pilsbury Winthrop. This discussion will serve as an overview of the practice of third-party litigation funding, with experts examining this innovative financing model and its myriad implications. The panel will kick off by examining the fundamentals of litigation funding and its recent surge in popularity. The speakers will then discuss ethical considerations surrounding external funding, including its effect on the attorney-client relationship. This virtual event is organized by the The Bar Association of San Francisco Barristers Litigation Section. Register here: https://lnkd.in/er-C8kjf #LitigationFunding #LegalFinance #SanFrancisco

Omni Bridgeway’s Mitchell Dearness and Chee Chong LAU will be in Seoul next week and are looking forward to reconnecting with friends and making new connections. Mitch and Chee Chong whilst on the ground are available to meet to answer any questions on legal finance.   They will also be speaking at events during Seoul ADR Festival 2024.   On 29 October 2024, Chee Chong will be participating in YSIAC mock proceedings and discussion event, where he will be sharing insights on cross-examination techniques. Express your interest to attend here: https://lnkd.in/ezxYANVw   On 1 November 2024, Mitch and Chee Chong will be speaking at the LITIG event where they will speak on how Korean parties can benefit from utilising legal finance for cross-border disputes. Express your interest to attend here: https://lnkd.in/eJ3dhd_y #LegalFinance #ArbitrationFunding #InternationalArbitration #Seoul

Mitchell Dearness will take part in this webinar alongside Jern-Fei Ng KC, Lim Chee Wee Partnership (LCWP); Stephen Chan, Charles Russell Speechlys; Thara Gopalan, International Centre for Dispute Resolution® (ICDR) and Cathryn Neo, FCIArb FSIArb, Aon. Register here: https://lnkd.in/egSeU3RH #LegalFinance #LitigationFunding #DisputeResolution

Omni Bridgeway’s Giacomo Serra Zanetti and Job van Ballegoijen de Jong will be on the ground in Milan for the ICC Italia Arbitration Forum | 2nd edition on October 30.   The ICC Forum brings together world’s leading arbitration experts to discuss future trends and new fields of application. Giacomo and Job look forward to sharing insight on current developments in third party funding as well as best practices for pursuing and financing disputes in Italy and beyond. #LegalFinance #Italia #ArbitrationFunding #InternationalArbitration

Omni Bridgeway's Ruth Stackpool-Moore will appear on this panel alongside Amelia Tan, Carey Olsen; Cathryn Neo, FCIArb FSIArb, Aon; Blossom Lim, Aon; and Christina Khoo, Deloitte. We are collaborating with Aon and IWIRC to bring you this lunchtime technical sharing session. We will be looking to explore ways in which the parties can utilise third party funding and insurance to maximise returns for a company in distress or in insolvency. Speakers will share their practical experiences and engage in a lively dialogue with R&I practitioners. Lunch will be provided. Register here: https://lnkd.in/e-G4h-G3 #Inslovency #LegalFinance #LitigationFunding #Singapore

Naomi Loewith will appear on this panel alongside Ekin D. Cinar, Dentons; and Josie Parisi, CIRP, LIT, BDO. This session is part of the ADR Institute of Canada (ADRIC)/ Institut d'arbitrage et de médiation du Canada (IAMC) 2024 National Conference. Register here: https://lnkd.in/etEPsjiN #InternationalArbitration #LitigationFunding #LegalFinance #Canada

Omni Bridgeway's Andrew Roberts authored this publication as part of Wolters Kluwer: International Arbitration & Mediation. The comprehensive analysis covers the evolution of third-party funding, its regulatory landscape, and practical considerations for its use in arbitration proceedings. The analysis delves into the appropriateness of funding, types of funding arrangements, pricing, and considerations relating to adverse costs and security for costs. The disclosure of funding arrangements and the potential for conflicts of interest, as well as the recovery of funding costs are also addressed. The guidance is indispensable for practitioners seeking to navigate the complexities of third-party funding in arbitration, ensuring informed decision-making and strategic planning. The analysis also includes comparative notes in respect of 15 jurisdictions and 18 arbitral institutions globally, drawing on contributions from Omni Bridgeway's deep bench of experts in arbitration funding in offices across Europe, the Middle East, Asia Pacific, North America and Latin America, specifically: Sumru Akter, Mitchell Dearness, Camilla Godman FCIArb, Nilufar Hossain, Kate Hurford, Leon Ioannou, Chee Chong LAU., Arvindran Manoosegaran, Edward McCullagh, Martin Metz, Enrique Molina, and Ruth Stackpool-Moore. Practical Insights in arbitration are available for Wolters Kluwer subscribers. Read more here: https://lnkd.in/gCV4RJtZ #InternationalArbitration #LegalFinance #ArbitrationFunding #LitigationFunding

Just published! The 5th edition of ‘The In-House View’, a series by former in-house counsel Carrie Freed and commercial litigator Matt Leland. With corporate litigation on the rise, Carrie and Matt address several common questions and illustrate how litigation finance can be an effective tool for the legal department to control spending and help contribute to the company’s bottom line. Read the full article here: https://lnkd.in/ezvhYXpK #InHouseCounsel #GeneralCounsel #LegalFinance #LitigationFunding