Bench Walk Advisors Wins Acquisition International Magazine’s “Most Innovative Legal Capital Solutions Provider” Award

Bench Walk Advisor’s UK Team for wins Acquisition International Magazine‘s ‘Most Innovative Legal Capital Solutions Provider’ award.

Stuart Grant, co-founder of Bench Walk, is one of the foremost attorneys in the US and has more than 30 years of corporate governance and securities litigation experience. He notably handled six of the seven largest settlements in the history of the Delaware Court of Chancery and has managed and invested his own capital to recover billions of dollars in settlements and judgments for his clients. Adrian Chopin, co-founder and managing director of Bench Walk’s London office, holds a background in structured finance and regulatory capital transactions at top banks as well as a First Class Degree in Law and is one of the leading figures in litigation funding globally.

Bench Walk offers funding across a full spectrum of cases and product types. Successful cases the firm has funded include a $2 billion breach of contract claim against a large tech company in the U.S., a £2 billion group action claim with leading law firm Hausfeld in the UK and a number of group action claims against global car manufacturers.

Bench Walk has an impressive client roster of corporates, financial institutions and professional services firms across the globe. Bench Walk is able to fund major claims or books of claims, and the firm’s structural flexibility allows it to commit finance at any stage of a piece of litigation or arbitration. But, unlike traditional litigation finance firms, Bench Walk goes beyond funding single cases and prides itself on its ability to deliver innovative, bespoke portfolio and other financing solutions that meet each client’s specific needs. By way of example, Bench Walk recently proposed a solution for a major global financial institution to allow that institution to derisk a large portion of its legal budget, for both contentious and non-contentious work on an entirely non-recourse basis.

Also, unlike some other legal finance providers, Bench Walk operates on a streamlined basis that allows clients to work directly with a single point of contact who reports directly to a decision maker. The team itself is structured to respond rapidly to clients’ needs and prioritizes flexibility, knowing that no two cases or clients are the same.

Bench Walk’s team has worked tirelessly to ensure the productivity of its clientele throughout the pandemic. The legal industry experienced a plethora of challenges over the course of 2020 that have continued into 2021, including the uncertain nature of litigation, increasing overheads and financial distress. As a result, law firms, claimants and brokers turned to Bench Walk Advisors as they began to embrace alternate modes of funding that would improve their
balance sheets, reduce risk, enhance their P&L and free up their working capital.

Adrian Chopin, co-founder and managing director of Bench Walk’s London Office Throughout the pandemic, the firm has received an uptick of interest as litigants who might previously have self funded turned to litigation finance to monetize claim values and/or cut legal expenses. Traditional corporate law firms, who have acted only on an hourly basis, are collaborating with Bench Walk to create synthetic contingent fee arrangements. Corporations have also approached the company directly as a risk management tool. In the UK, Bench Walk observed a shift in the market as a host of class action claims led to a rise in demand, and the U.S. team has taken on a myriad of portfolio cases as law firms compete with the contingent fee bar.

The financing structures that Bench Walk provides have become essential to corporations and firms serviced by every aspect of the company’s operations, and by extension the legal industry as a whole. The reliance on Bench Walk’s products will certainly continue well into 2021 and post-pandemic times.

Bench Walk Advisors is a premier legal finance firm created and run by a team of world-renowned litigators
and experienced finance and insurance professionals. With a track record of funding successful cases that
is unrivaled in the industry, the company has committed more than $300 million across over 100 commercial
cases and portfolios since its global launch in 2017.

Read the entire article here


Bench Walk Advisors LLC‘s Managing Directors Stuart Grant and Adrian Chopin are ranked in Lawdragon for the fourth consecutive year.

We’re proud to introduce the 2021 Lawdragon Global 100 Leaders in Legal Finance.

The 100 professionals recognized in this year’s guide are at the forefront of an industry that is expanding in ever more creative ways to help lawyers finance underdog cases, lengthy appeals, insolvency matters, patent portfolios and even entire litigation department dockets. This year’s honorees include longtime industry veterans from some of the world’s most established funds, as well as upstart financiers with an eye on opportunity and the financial rewards clever wagering can bring.

The evolution of litigation finance was never more apparent than in the research and selection of this year’s guide. As ever, we rely on original research, submissions and vetting from peers and clients. New players are making their presence known as some stalwarts are shifting positions. Bubbling just below the surface are some of the most innovative legal finance thinkers on the planet who are creating new approaches sure to push the market further still.

The guide is 30 percent female and 13 percent inclusive.

Read the entire article here

CindyAhnLongford CapitalChicago
ChristineAzarBurford CapitalNew York
JonathanBarnesWoodsford Litigation FundingLondon
IsabelleBergerNivalionSteinhausen/Zug, Switzerland
EricBlindermanTherium CapitalNew York
ChristopherBogartBurford CapitalNew York
AnastasiaBondarenkoVannin CapitalParis
CliveBowmanOmni BridgewaySydney
SimonBurnettBalance Legal CapitalLondon
JohnByrneTherium CapitalLondon
JiamieChenParabellum CapitalNew York
Dai WaiChin FemanParabellum CapitalNew York
AllisonChockOmni BridgewayLos Angeles
AdrianChopinBench Walk AdvisorsLondon
HeatherCollinsOmni BridgewaySydney
OwenCyrulnikCuriam CapitalNew York
RobinDavisWoodsford Litigation FundingNew York
MarlaDeckerLake WhillansNew York
ChristopherDeLiseDelta Capital PartnersChicago
PatrickDempseyTherium CapitalNew York
MatthewDenneyLitigation Capital ManagementLondon
DavidDesserJuris CapitalChicago
KirstinDodgeNivalionSteinhausen/Zug, Switzerland
LeeDruckerLake WhillansNew York
JoeDunnFortress Investment GroupNew York
TimothyFarrellLongford CapitalChicago
WilliamFarrellLongford CapitalChicago
JamesFosterLitigation Capital ManagementLondon
StevenFrielWoodsford Litigation FundingLondon
DavidGallagherThe D.E. Shaw GroupNew York
JohnGardaLongford CapitalDallas
OliverGaynerOmni BridgewaySydney
JuliaGewolbValidity FinanceNew York
AdamGillGLS CapitalChicago
TomGlasgowOmni BridgewaySingapore
StuartGrantBench Walk AdvisorsWilmington, Del.
ChrisHagaleLake WhillansNew York
LainaHammondValidity FinanceHouston
OliverHayesBalance Legal CapitalLondon
RosemaryIoannouVannin CapitalLondon
SarahJohnsonThe D.E. Shaw GroupNew York
AaronKatzParabellum CapitalNew York
JimKearneyLake WhillansNew York
DavidKersteinValidity FinanceNew York
ElizabethKorchinTherium CapitalNew York
ZacharyKrugWoodsford Litigation FundingLondon
ChristophKuzajTherium CapitalDuesseldorf
JohnLazarBurford CapitalNew York
AlexLempinerWoodsford Litigation FundingSpring House, Pa.
AndyLundbergBurford CapitalNew York
JamisonLynchGLS CapitalChicago
DanaMacGrathOmni BridgewayNew York
WilliamMarraValidity FinanceNew York
JeremyMarshallOmni BridgewayLondon
TimothyMayerTherium CapitalLondon
HughMcLernonOmni BridgewayPerth, Australia
YasminMohammadVannin CapitalParis
JonathanMolotBurford CapitalWashington, D.C.
CharlieMorrisWoodsford Litigation FundingLondon
HassanMurphyTRGP CapitalNew York
JackNeumarkFortress Investment GroupNew York
AngelaNiParabellum CapitalNew York
MichaelNicolasLongford CapitalChicago
MollyPeaseCuriam CapitalNew York
DavidPerlaBurford CapitalNew York
ReinPhilipsRedbreast Litigation FinanceThe Hague
NeilPurslowTherium CapitalLondon
RobertRothkopfBalance Legal CapitalLondon
NickRowles-DaviesLitigation Capital ManagementLondon
AndrewSakerOmni BridgewayNew York
HowardShamsParabellum CapitalNew York
EmilySlaterBurford CapitalNew York
DavidSpiegelGLS CapitalChicago
RuthStackpool-MooreOmni BridgewaySingapore
TomSteindlerExton AdvisorsLondon
TaniaSulanOmni BridgewayAdelaide, Australia
RalphSuttonValidity FinanceNew York
SusannaTaylorLitigation Capital ManagementSydney
RaymondTelliniDelta Capital PartnersChicago
SeanThompsonParabellum CapitalNew York
Marjoleinvan den Bosch-BroerenOmni BridgewaySingapore
Raymondvan HulstOmni BridgewayGeneva
RossWallinCuriam CapitalNew York
MarcelWegmüllerNivalionSteinhausen/Zug, Switzerland
BoazWeinsteinLake WhillansNew York
WiegerWielingaOmni BridgewayAmsterdam
AvivaWillBurford CapitalNew York
KatharineWolanykBurford CapitalChicago
AndrewWoltmanStatera CapitalChicago
AllenYancyLexSharesNew York
LouisYoungAugusta VenturesLondon

Winners of Annual Beau Biden Memorial Scholarship Announced

Three Delaware high school seniors recognized for their accomplishments will share $30,000 in scholarships funded by Delaware-based philanthropy, I Could Do Great Things Foundation

The I Could Do Great Things Foundationfounded in 2009 by Stuart M. Grant and Suzanne B. Grant is pleased to announce the 2021 winners of the annual Beau Biden Memorial Scholarship. The 2021 Scholarship recipients are an impressive trio of Delaware high school seniors – Jahmere Hargraves of Wilmington, Madison Bauerle of Middletown, and Archmere Academy senior Margaret Atkins of Swarthmore.

Read the full press release here.

Jahmere Hargraves
Mt. Pleasant High School

Jahmere Hargraves, Wilmington, is a 2021 graduate of Mount Pleasant High School. Despite personal adversities, Jahmere has excelled in academics, maintaining his 4.22 cumulative GPA, with one teacher remarking that “life has not always been easy, and there are many times [Jahmere] could have become another statistic in our community where too many black young men are involved in violence. But through his strength of character, ethics, and integrity, Jahmere has charted a different course for his life.” Jahmere’s myriad of community service and advocacy for underserved youth in his community is testament to his mission of “[becoming] a better version of the people around me . . . to break stereotypical and economic barriers so I am the blueprint for the next generations.” Through The Warehouse—the Wilmington-based Teen Center, which Jahmere helped to found, he hopes to “provide our city’s youth with the tools and opportunities they need to become confident and contributing young adults, who will make a positive change in the world.”

Read the entire press release here

Madison Bauerle
Appoquinimink High School

Madison Bauerle, Middletown, is a 2021 graduate of Appoquinimink High School. Madison, an accomplished athlete and scholar has consistently demonstrated outstanding leadership and civility from her esteemed selection to represent female athletes from the Appoquinimink school district to the mentorship of young girls in softball. A champion for inclusivity in sports and academics, Madison identifies her most “rewarding athletic experience” to be the opportunity to participate as a partner in the Special Olympics Unified Sports to promote social inclusion in sports. As an Engineering Ambassador, Madison advocated for the importance of female participation in the fields of STEM. Madison’s teacher thoughtfully identified her as “one of the most passionate leaders for change in our high school community” and the I Could Do Great Things Foundation is elated to be a part of her ascension to further greatness.

Read the entire press release here

Margaret Atkins
Archmere Academy

Margaret Atkins, Swarthmore, is a 2021 graduate of Archmere Academy. Margaret’s innate ingenuity, compassion, and leadership fueled her desire to help those impacted by the COVID-19 outbreak through skills she obtained in her Digital Design class at Archmere. Margaret’s efforts led to the founding of a network of local 3D printers to provide over 600 PPEs to health care facilities in New York, Pennsylvania, Maryland, and Florida, at a time when there was an extreme shortage of protective equipment. As a National Honor Society Officer, representative at the National Student Council Leadership Conference, and TEAMS Engineering Club member, Margaret has always been dedicated to academic success. One of her teachers remembers Margaret as a “high achiever” who applied her “logical and analytical approach” to all challenges, a method that undoubtedly will lead Margaret to more great things in her future at Dartmouth.

Read the entire press release here

Stuart and Suzanne Grant Launch Academic Partnership Through Donation at Tulane University

Stuart and Suzanne Grant Launch Academic Partnership Through Donation at Tulane University

Academic initiative facilitates collaboration between American and Israeli Universities to solve obstacles within the energy industry

At Tulane University, an initiative enabled by Stuart and Suzanne Grant and their $100,000 donation, is allowing faculty and students of Tulane to travel between the United States and Israel to direct and conduct energy research.

Daniel Shantz, Tulane Chemical and Biomolecular Engineering professor and the Energy Chair in Clean Energy Engineering commented, “[the Grants’ donation] is letting us build bridges between institutions, both within the U.S., but also between the U.S. and Israel, in a way that would have simply not been possible without it.

Energy Industry Collaboration

In the spring of 2017, Shantz and Tulane student Imri Frenkel, were able to travel to Israel and meet with academic representatives and government officials.  Frenkel, a chemical engineering major, was allowed to participate in a summer internship program in the Segal-Peretz laboratory at the Technion Israel Institute of Technology to focus on the development of ultrafiltration membranes for water purification.

Partnerships from this initiative include American academic institutions such as University of Louisiana at Lafayette, the University of Washington, Texas A&M University, Louisiana State University and Argonne National laboratory. Partners abroad in Israel include the Technion-Israel Institute of Technology and the Hebrew University of Jerusalem and Geological Survey of Israel.

The four primary pillars of the initiative include hydrocarbon extraction and processing, energy infrastructure and coastal resiliency, water processing treatments, and exploration of alternative energy resources.

Read the entire article here

The I Could Do Great Things Foundation proudly supports Tulane University and the Stuart and Suzanne Grant Center for the American Jewish Experience, to create new intellectual connections and practicing across disciplinary and subfield boundaries. The Grant Center is founded upon two strategic pillars of a world-class faculty and dynamic programming designed to transform the field of American Jewish Studies.

Meet the power players of the booming litigation finance industry

Stuart Grant: meet the power players of the booming litigation finance industry

  • Litigation funders now have $11.3 billion invested or ready to invest in US commercial litigation.
  • Heavy-hitting players include hedge funds like Fortress Investment Group and D.E. Shaw & Co.
  • Insider interviewed dozens of experts to find out the people and firms supercharging the industry.

Paying for someone else’s lawsuit used to be illegal. Now it’s a multibillion-dollar opportunity.

Today, litigation funders have $11.3 billion invested or ready to invest in US commercial litigation, according to a recent estimate by Westfleet Advisors. Westfleet estimates there are at least 46 litigation funders active in the US market.

Heavy-hitting industry players include hedge funds like Fortress Investment Group and D.E. Shaw & Co. Bankers at Stifel and Jefferies have also worked on legal-industry deals. And some of the biggest funders have formed a trade group, the International Legal Finance Association, meant to be a counterweight to groups like the US Chamber of Commerce that would like to see more regulation of their industry.

Commercial-litigation finance is fraught with risk. In many cases, the money is nonrecourse, meaning that if a case is unsuccessful, investors suffer a total loss. But many funders have made investments in portfolios of cases, in which a win against one adversary can offset a loss against another. And some companies specialize in making loans to law firms that are backed by guarantees, though such companies aren’t the focus of this article.

Since 2020, Insider has spoken with dozens of funders, lawyers, and finance professionals about the commercial-litigation finance industry, with a focus on the US and on investments in categories other than patent litigation. Below are some of the companies and individuals they singled out for their influence and savvy.

Pure Play Private Funders

Bench Walk Advisors was cofounded in 2018 by Stuart Grant, a former lawyer at Skadden who also cofounded Grant & Eisenhofer, a top firm for shareholders litigation. Grant said in an interview with Reuters that he shifted focus to litigation finance after a few adverse court rulings because “I don’t like losing.” His litigation-funding shop claimed a 93% win rate as of the end of last year. It says it’s invested more than $300 million.

Read the entire article here