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ARTICLE · 25 JULY 2018

A Comparison: Litigation Funders, ATE Insurers And The Class Proceedings Fund

Bentham is predominately involved in funding commercial cases.

CanadaInsurance

Bentham is predominately involved in funding commercial cases. Class actions are not an immediate fit, because our funding typically covers some or all of the legal fees, and class action counsel often take matters on a contingency basis. However, from time to time, applications for class action funding cross our desks.

When we discuss these cases with clients and counsel, we are often asked how our funding compares to the funding provided by the Class Proceedings Fund or after-the-event insurance products. We addressed this issue with Simon Gibson of Aon Risk Solutions and Gina Papageorgiou of the Class Proceedings Fund on 20 April 2018 at an Ontario Bar Association event focused on class action settlements. As demonstrated in the comparison table linked below, there are key similarities and distinct differences between the three offerings in types of funding provided, the costs borne by the class members, the accessibility of additional funds, and other factors

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