Australian litigation funder IMF Bentham will be opening an office in Singapore.
The move comes after a change in its laws. The country now allows litigation funding in international arbitrations taking place in Singapore. Therefore Bentham has been seeing an increased demand across Asia.
That’s why Bentham hired Tom Glasgow to head its new office. Glasgow is a former senior associate at Allen & Overy’s international arbitration group in Hong Kong and Singapore.
As similar laws are being considered in Hong Kong, Glasgow sees potential for long-term growth in both markets.
Read full article at Australasianlawyer.com.au
Summarized by Meghan Hallinan