Singapore recently began to pave the way for third-party funding for disputes, and shortly after that, a litigation funder opened an office in the city-state, becoming the first of its kind to do so. In this week’s issue of ALB Insights, we chat with the team at IMF Bentham on opportunities for TPF in Singapore and across Asia – as well as how the market is expected to evolve. Also in this issue, we look at what its like for a law firm to advise on one of the largest sporting events on earth, as well as spotlight a promising legal-tech startup in India that seeks to create a "social and professional network for lawyers and clients."
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‘An evolving market’: IMF Bentham talks third-party funding opportunities in Singapore
IMF Bentham, Australia's largest litigation funder, recently announced plans to open an office in Singapore, shortly after the city-state enacted legislation encouraging third-party funding (TPF). Raj Gunashekar speaks to three members of the litigation funder’s team on the TPF scene in Singapore.
Sporting tradition: BKL on advising the 2018 Winter Olympics
After South Korea won the bid to host the Winter Olympics in 2018, it became part of an exclusive group of countries to host the world’s three largest international sporting events – the Summer and Winter Olympics and the FIFA World Cup. And Bae, Kim & Lee was chosen to advise the PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG). John Kang speaks to the firm’s intellectual property team about its “rare opportunity.”
ALB Hot Startups: MyAdvo
ALB Hot Startups is a weekly series that looks at the most promising new legal tech companies in Asia. This week we spotlight India’s MyAdvo, a lawyer-search platform. By Raj Gunashekar