Omni Bridgeway and IFC Partnering on Distressed Asset Recovery in the MENA region.

Litigation Finance Primer

Omni Bridgeway and the International Finance Corporation (IFC), part of the World Bank Group, have jointly made available $100 million to establish a new investment vehicle, which will be managed by Omni Bridgeway’s regional expertise center in Dubai. The investment partnership between Omni Bridgeway and IFC is aimed at distressed asset recovery and dispute resolution funding in the Middle East, North Africa and Central Asia regions.

ADGM Courts issue Public Consultation on Litigation Funding Rules

Litigation Finance Primer

Abu Dhabi, UAE : ADGM Courts, the internationally recognised independent courts of ADGM, have issued a consultation paper inviting comments from the industry and the public on the proposed litigation funding rules (“Rules”) which are to apply to litigation funding agreements as defined in the ADGM Courts, Civil Evidence, Judgments, Enforcement and Judicial Appointments Regulations 2015.  The proposed Rules will set out the highest standards of best practice in litigation funding for Abu Dhabi and wider UAE.

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