Omni Bridgeway Banks a Profit - Litigation Finance Journal

[Gunnar Larson]

https://litigationfinancejournal.com/omni-bridgeway-banks-a-profit/

Check out my new article:

Sydney-based litigation financier, Omni Bridgeway, announced a $4.5MM
profit for the 12 months ending in June. The news is a turnaround from the
-$12.7MM loss a year prior. Andrew Saker (CEO at Omni Bridgeway) says Omni
maintains resources of over $1B for potential litigation investments.

According to Law.com
<https://www.law.com/international-edition/2022/08/30/australian-litigation-funder-omni-bridgeway-swings-to-profit>,
Mr. Saker says that Omni is taking advantage of global market opportunities
in Australia, New Zealand, Europe and the United States. Saker highlights
Omni earning AUD $463.3MM in new commitments over the last 12 months.

Law.com reports that litigation finance is experiencing increased growth
via broader acceptance of resources to access the justice system. Mr. Saker
notes Omni Bridgeway’s business plan is not affected by the cyclical
economic climate with cases maturing throughout good and bad cycles.

Saker goes on to say that the firm performs handsomely in downturns, given
the increased need for access to capital.
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