Search ResultsShowing 1 - 10 of 19 results for "IMF Bentham"
IOOF expects to reappeal timber case
KANIKA SOOD  |  MONDAY, 30 SEP 2019
... "covenantholders" but they eventually copped losses. One of the convenantholders, David Kerr backed by litigation funder IMF Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. On Thursday, the Supreme Court of ...
Former IOOF company loses court battle in timber scheme
KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... "covenantholders" but they eventually copped losses. One of the convenantholders, David Kerr backed by litigation funder IMF Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. "Whilst final orders [from Supreme ...
Clime Capital settles class action
KARREN VERGARA  |  MONDAY, 12 AUG 2019
... Clime Capital has settled a Federal Court class action in principle for an agreed sum of $8.3 million. Backed by IMF Bentham, Clime told shareholders it was pleased the in-principle settlement has been reached with UGL, a firm that provides engineering ...
Short-seller knife twist for YouTube fundie
ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
... responsible for Invesco's initial investment in Burford. Meanwhile in Australia, dispute resolution financier IMF Bentham was forced to comment on the share price movement of its rival Burford. IMF Bentham chief executive Andrew Saker said: "There ...
MLC faces class action over adviser fees
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
IMF Bentham and William Roberts Lawyers will bring a class action against MLC's super fund trustee NULIS Nominees relating to excess fees charged to members for adviser commissions. IMF Bentham and William Roberts will allege NULIS breached its ...
IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine
JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
IMF Bentham will potentially fund a class action against Facebook, having already invested in a complaint against the social media giant in response to the now-infamous Cambridge Analytica scandal. IMF Bentham is funding a new representative complaint ...
AMP hit with another proposed class action
JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... and Quinn Emanuel Urquhart and Sullivan. The former filed proceedings against AMP in the Federal Court. Backed by IMF Bentham, it is representing those who purchased shares between 6 May 2013 and 13 April 2018. The latter filed in the NSW Supreme Court ...
AMP to fight class actions, prioritise performance
HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
... after three directors stepped down amid shareholder discontent. Backed unconditionally by global litigation funders IMF Bentham, Phi Finney McDonald has filed proceedings against AMP in the Federal Court. The firm is representing shareholders who acquired ...
AMP becomes class action target
DARREN SNYDER  |  MONDAY, 30 APR 2018
IMF Bentham is the latest firm to finance proposed class action proceedings against AMP in light of evidence at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The litigation funding group said it ...
IMF ramps up funding for CBA class action
EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
Shareholders in the class action against the Commonwealth Bank will receive funding from two IMF Bentham investment vehicles with aggregated capital of $150 million, moving a potentially record-breaking class action against the bank one step closer. ...
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