Investor Presentation October 2020
OMNI
BRIDGEWAY
Merits litigation funding
1. Outline of Claim
Confidentiality agreement, Claim
outlined by client or their legal
representative
2. Application Review
Omni assesses:
•
Type and strength of case
• Potential damages or settlement prospects
.
• Legal fee arrangement
•
Likely duration
• Amount of capital required
.
• Defendant's ability to satisfy a judgment
3. Offer of Funding
Omni Investment Committee evaluates due
diligence report by an Omni Investment Manager.
If investment approved, Litigation Funding
Agreement executed by parties.
The claimant's lawyers are subject to an agreed
costs budget and risk share which are controlled
by Omni.
4. Case Progresses
Generally case length 1-5 years. Omni also
provides strategic management services.
Omni monitors case progress and project
budget. Omni receives periodic updates
from lawyers. In certain jurisdictions (such
as Australia) Omni will also provide strategic
advice concerning the litigation.
5. Settlement or Trial
Majority of cases settle before trial, often at
mediation, at which mediator assists parties to
reach settlement. Omni involved in mediation with
mutual interest in seeing clients maximise the value
of their claims.
We welcome an early dialogue with defendants and
their insurers, to explore possible resolution before
significant legal costs are incurred.
6. Distribution of Proceeds
If claim successful, defendant pays agreed sum of
money into the plaintiff lawyer's trust account.
Lawyer deducts fees owing to Omni pursuant to
the Litigation Funding Agreement, and pays
balance of funds to client. If claim fails, Omni pays
Defendant's costs on the terms of the Funding
Agreement.
INVESTOR PRESENTATION | OCTOBER 2020
Average case duration 2.7 years
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