SYDNEY, 14 February 2020: IMF Bentham Limited (ASX:IMF) and Omni Bridgeway are excited to announce that IMF Bentham Limited is adopting the unified global name of Omni Bridgeway Limited, following a shareholder vote at the company’s General Meeting on 14 February 2020.
The adoption of a single name follows the merger of the two businesses in November 2019 to create a global leader in dispute resolution finance, with expertise in civil and common law legal and recovery systems, and operations spanning Asia, Australia, Canada, Europe, the Middle East, the UK and the US.
IMF Bentham Chief Executive Officer and Managing Director Andrew Saker said: “Our people are delighted to be united under the Omni Bridgeway name. Over more than three decades, Omni Bridgeway has become a highly respected and trusted name in international dispute resolution, particularly in key growth markets such as Continental Europe and Asia. The Omni Bridgeway name reflects a proud, 34-year record of funding disputes and enforcement proceedings around the world, recovering billions of dollars for clients and claimants. What is clear is that IMF Bentham and Omni Bridgeway have shared values and a shared culture of striving to deliver for clients. Across every part of this united business, our smart and resourceful professionals will continue to pursue every claim with curiosity and drive to secure the best possible outcomes for our clients.”
Omni Bridgeway intends unveiling a new global corporate identity in coming months. This will include a coordinated roll-out of new, consolidated Omni Bridgeway branding across all business units and a new website.
ABOUT IMF BENTHAM AND OMNI BRIDGEWAY
Following the merger of the IMF Bentham and Omni Bridgeway operations in November 2019, the combined group is a global leader in dispute resolution finance, with expertise in civil and common law legal and recovery systems, and operations spanning Asia, Australia, Canada, Europe, the Middle East, the UK and the US. IMF Bentham and Omni Bridgeway offer end-to-end dispute finance from case inception through to post-judgment enforcement and recovery.
IMF Bentham has built its reputation as a trusted provider of innovative litigation financing solutions and has established an increasingly diverse portfolio of litigation and dispute financing assets. IMF Bentham has a highly experienced litigation financing team overseeing its investments, delivering, as at 30 June 2019, an 89% success rate across 192 completed cases (excluding withdrawals). Visit imf.com.au to learn more.
Omni Bridgeway was founded in the Netherlands in 1986 and is known as a leading financier of high-value claims and a global specialist in cross-border (sovereign) enforcement disputes. The Omni Bridgeway group includes ROLAND ProzessFinanz, a leading German litigation funder which became part of Omni Bridgeway in 2017, and a joint venture with IFC (part of the World Bank Group). The joint venture is aimed at assisting banks with the funding and managing the enforcement of non-performing loans and related disputes in the Middle East and Africa. Visit omnibridgeway.com to learn more.
