Although litigation funders were certainly not hoping for a global pandemic, some of them were ready for one.

In the last two years, Omni Bridgeway, formerly Bentham IMF, has been preparing for an economic downturn and has built up its insolvency practice, said Allison Chock, the Los Angeles-based chief investment officer and U.S. legal counsel for the litigation funder. So this month, when the litigation funder was bombarded with funding requests for insolvency and insurance coverage cases, the team was ready to act.

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