Jimmy_C :) Certainly I find your confidence in IMF-Bentham...

Jimmy_C

Certainly I find your confidence in IMF-Bentham Fortress Investment Vehicles as reassuring.

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BUR:L have only truly been fully in the litigation funding game for a much lessor period - I seem to think they have only have a devoted track record of five or so years in "Pre-Settlement Financing" as they call it.

Seemingly there are jurisdictional differences, between the UK, USA, Canada, Australia, Singapore & Hong Kong, that are not all ironed & pressed in the same way, and who knows what may develop in the legal spaces & geographies that could impact IMF-Bentham's unlimited operational scope.

These large litigation funders do seem to make other participants in the legal profession seem rather uneasy, and they could bring whatever power they have, to bear?

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Another thought? IMF-Bentham's 13 February 2017 note 7 talks of their, IMF-Bentham's Class A, entitlement ;-

i) A Manger Return (Derivation - not stated?)

ii) 85% entitlement to residual net cash flows (i.e. what is left over after the Class B FIG:NYSE's a) Capped Priority return b) Priority Return (neither derivations stated) AND the Manager Return in i) above)

This seems quite radically different in several respects to the BUR:L example.