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24 September 2020

Omni Bridgeway bulks up New York office with triple hire

Litigation funder adds two legal counsel and signs up a former Lehman Brothers GC to its investment committee

By Ben Rigby and Madeline Anderson

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Omni Bridgeway has added to its ranks in the United States, adding two legal counsel as investment managers and signing up an experienced former general counsel to its investment committee.

Megan Easley joins the funder from boutique Susman Godfrey, where she practiced high-value commercial litigation in both federal and state courts. She arrives alongside Austin Ginnings, who has joined from patent finance specialist Soryn IP Group, where he was a director.

The duo, who will be based in the New York office, will assist the investment committee, law firms and clients in managing claims in line with Omni’s strategy of building up its investment analysis skills by adding litigators with relevant specialist experience.

Easley, who is a commercial litigator by background, is the third investment team member to join the company with direct in-house legal experience having spent four years on secondment as special counsel at GE Capital, where she headed domestic and international litigation.

Ginnings, meanwhile, adds to the funder’s ranks of intellectual property specialists, who include former IP partners Sarah Tsou and Stephanie Southwick. His experience in IP disputes covers the federal courts, as well as IP-related international trade disputes at the United States International Trade Commission.

At Soryn, he developed, negotiated and structured litigation financing arrangements with a wide range of corporates to help them monetise their IP portfolios.  

Omni has also secured the services of Martha Solinger as a member of the funder’s US investment committee, becoming the first woman to joined the body. 

Solinger previously served as co-general counsel of Lehman Brothers’ Holdings, after its insolvency, having spent more than twenty years at the investment bank.

She retains her current position as a mediator, arbitrator and consultant with boutique firm Malew in New York.

Allison Chock, Omni’s chief investment officer for the US, said: “These hires further distinguish us as the funder that prioritises the needs of parties seeking commercial disputes funding and anticipates how to best serve them in the days ahead”.

The hires follow the arrival earlier this month of former senior Morgan Lewis & Bockius restructuring partner Tim DeSieno who has a brief to help Omni grow its global distressed debt business.

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