Deminor Litigation Funding Chief Executive Officer recognised in 2025 Chambers and Partners Rankings
Erik Bomans is the Chief Executive Officer of Deminor and the executive director in charge of the 'Commercial Litigation Funding' department. Erik was trained at the Brussels office of Linklaters and qualified as a lawyer in 1995. He joined Deminor in 1995 and became a partner in 1999. Erik regularly speaks at conferences on the topic of litigation funding, has published research on the state of the litigation funding market and has been recognized as a leader in his field by Who's Who Legal and Law Dragon.
Alongside Erik, other Deminor team members have also retained individual recognitions including Chief Investment Officer Charles Demoulin, and Head of Enforcement Alex Marine. In addition, General Counsel Irene Lee (Greater China and South East Asia), and General Counsel David Walker (UK) have also received Chambers and Partners rankings for the first time.
Additionally, Deminor Litigation Funding has retained its Band 1 ranking in the Chambers and Partners Ranking for Litigation Support in Europe. The firm has also achieved significant new recognitions across multiple jurisdictions, securing Band 2 for South-East Asia, Band 4 for the UK, and Band 2 for International Arbitration (Global-Wide).
This expanded recognition reflects Deminor's evolution from its 1990 founding to a global litigation funding pioneer with 9 international offices spanning 23 jurisdictions. Retaining Band 1 status in Europe whilst securing new rankings across additional jurisdictions demonstrates both the firm's international expansion strategy and exceptional track record. With a diverse team of 19 nationalities speaking 22 languages, Deminor delivers specialised expertise across arbitration, enforcement, intellectual property, competition, investments, tax, and corporate disputes worldwide.
Chambers and Partners, renowned for its comprehensive and independent research into the legal market, awarded these rankings following an extensive evaluation process. The assessment examined Deminor's track record of success, the diversity of its investment portfolio, its contribution to advancing the litigation funding industry, and most importantly, direct feedback from clients.
In past years, market commentators have noted that 'Deminor is probably the most structured litigation funder in Europe.' Further comments highlighted that 'Deminor have shown a high capacity to handle complex issues, both from a legislative and regulatory perspective, as well as from an operational and management perspective.' Additionally, as Deminor takes pride in its global presence and diverse team, it has also been said, 'Deminor has an impressive portfolio of well-experienced legal experts, financial analysts and litigation strategists. They have people spanning over multiple jurisdictions. This allows them to take on and assess complex international matters.'
Erik Bomans, Chief Executive Officer at Deminor, expressed pride in the achievement: 'Retaining our Band 1 ranking in Europe while simultaneously achieving recognition across South-East Asia, the UK, and global arbitration markets represents a defining moment for Deminor and validates our strategy of becoming a truly global litigation funding service provider. What makes this multi-jurisdictional recognition from Chambers and Partners particularly meaningful is that it reflects direct feedback from the clients we serve; their voices carry the greatest weight in these rankings, and their confidence in our ability to handle the most complex matters across diverse legal systems drives everything we do. As we expand internationally, our mission remains unchanged: democratising access to justice by providing the financial backbone that allows meritorious claims to be pursued on a global scale.'
Deminor has been instrumental in supporting numerous high-profile and impactful cases, providing financial backing and strategic expertise to clients seeking justice. This recognition by Chambers and Partners not only validates Deminor's approach but also encourages the company to further enhance its services and expand its reach in the litigation funding landscape.
About Deminor:
Founded in 1990, Deminor is a Band 1 Chambers and Partners international litigation funder with offices in Brussels, London, Hamburg, New York, Hong Kong, Madrid, Milan, Stockholm and Luxembourg. Deminor's name, derived from the French 'défense des minoritaires' (defense of the minorities) reflects its original commitment to the pursuit of good causes and its determination to restore justice for clients.
Kevin Matthews
Deminor Recovery Services (UK) Ltd
email us here
Visit us on social media:
Legal Disclaimer:
EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Well-heeled shoppers shrug off price hikes for Birkenstocks and Bugaboo strollers for now
By Helen Reid LONDON (Reuters) -Well-heeled shoppers around the United States seem - so far at least - willing to soak up price hikes for aspirational products from trendy Birkenstock sandals to Bugaboo prams, despite the impact of trade tariffs and belt-tightening elsewhere. German sandal and clog brand Birkenstock has enjoyed strong consumer demand with little pushback from U.S. retailers since hiking prices at the start of July, its chief executive said on Thursday. As brands raise prices and cut costs to mitigate the impact of higher U.S. tariffs on their imported products, a key question is the extent to which consumers will be put off and buy less, or simply walk away from purchases. Comments from Birkenstock, Bugaboo, Coach, Ralph Lauren and other brands at the premium end of the market suggest that, so far, affluent consumers are shrugging off price hikes. "We saw no pushback or cancellations following the July 1st price increases implemented in response to tariffs," Birkenstock CEO Oliver Reichert told analysts on a call, adding demand for the brand has been "tremendously strong." Bank of America, the largest consumer facing U.S. bank, said this week that middle- and upper-income earners spent more on their credit cards in July than the same month last year. In contrast, spending among the lowest income bracket remained flat, the bank found. Overall U.S. consumer spending may stay strong, Bank of America said, as long as higher-income individuals keep spending. Lower-income earners account for only 15% of all U.S. consumer spending, according to Bank of America. However, Procter & Gamble, maker of Tide detergent, reported signs of spending cutbacks among higher-income consumers, indicating that shoppers may be becoming more selective with their purchases. Bugaboo, a Netherlands-based maker of expensive baby gear, also raised prices on its strollers, high chairs and play pens by $50-$300 in May because of U.S. tariffs. Retailers were open and accepting. "In general we did not see any pushback. They are like us. They understand it is a fluid situation," Chief Commercial Officer for North America, Jeanelle Teves, said. Bugaboo manufactures in China and sells strollers for more than $1,000 at Target, Nordstrom, Bloomingdales and independent mom and pop stores. Coach handbags also remain in strong demand despite a gloomier economic outlook: the brand drew in more than 4.6 million new customers in North America this year, many of whom are Gen Z and millennials, Tapestry CEO Joanne Kuvoiserat said on Thursday. Coach, whose popular Tabby shoulder bags retail for $350, will maintain its operating profit margin despite the pressure of tariffs, Kuvoiserat said. Ralph Lauren, meanwhile, raised its annual revenue forecast as shoppers snapped up items like its $398 Polo Bear sweaters. But consumers' behavior in the coming months remains hard to predict, CEO Patrice Louvet highlighted on a conference call with analysts. "The bigger unknown here today is the price sensitivity and how the consumer reacts to the broader pricing environment. So that's what we're watching very closely as we head into the second half." Sign in to access your portfolio
Bloomberg
18 minutes ago
- Bloomberg
Romanian Premier Vows Deeper Spending Cuts to Avoid Default Risk
Romania's new prime minister warned his country could face a default unless the government quickly reins in years of lavish spending. Premier Ilie Bolojan said in an interview with Bloomberg News on Thursday that he sees the next six months as crucial for his administration to impose a series of radical austerity measures despite growing public discontent and tensions within the ruling coalition.
Entrepreneur
an hour ago
- Entrepreneur
James Dyson Created His 'Mad' Vacuum Idea While $1M in Debt
It took James Dyson five years of work and 5,127 failed prototypes to create the world's first bagless vacuum cleaner. In 1978, James Dyson had an idea for a bagless vacuum cleaner that maintained suction. He was frustrated with what was considered to be a top-of-the-line model, which he said frequently clogged and lost cleaning power as soon as it filled with dust. Dyson worked on his idea full-time, and after five years of work and 5,127 failed prototypes, he created the world's first bagless vacuum cleaner — the now-famous Dyson, which has since become a consumer electronics brand reaching sales of $9.6 billion in 2023. But those early years came at a cost: He was borrowing heavily from the bank to make ends meet and had accumulated over $1 million in debt. "Eventually, I owed over a million dollars, which for a penniless person in those days, going back 30 odd years, was a lot of money," Dyson, 78, told Entrepreneur in an interview. "I didn't have any money." Related: Emma Grede Dropped Out of School at 16. Now the Skims Boss Runs a $4 Billion Empire. But he also had "little to lose," he says, which is why he took a chance on his vacuum idea despite the financial pit. He lost his father at a young age and felt a keen sense of ownership and passion for what he was building and for his future. "I suppose I don't mind living on the edge," Dyson said. "I lost my father when I was nine years old. I had it built into me that my future was entirely down to me, and to do it on my own." "I wanted to do it," he added. James Dyson. Credit: Dyson Financial constraints made Dyson more creative because not having money taught him how to cope without it. For example, he couldn't hire salespeople, advertisers, or promoters, so he went out himself to sell the vacuum cleaner. "It took quite a long time," Dyson said. "Almost every businessperson I spoke to said that I was mad." Related: Nick Offerman's Side Hustle as an Actor Helps Fund the Business He Started 23 Years Ago — and Still Works at Every Day In 1993, Dyson set up his own shop and produced the first unit of the Dyson Dual Cyclone DC-01 vacuum cleaner at a price of $399. By 1998, Dyson had sold 1.4 million units of the vacuum globally, and by 2004, the DC-01 was cemented as a commercial success, outselling its nearest competitor in the U.K. by a ratio of five to one, per Industry Week. In recent years, Dyson's eponymous company has reached new heights. In 2023, with a broader product portfolio, including hair tools, lighting, fans, and headphones, Dyson's company achieved a record global revenue of £7.1 billion ($9.6 billion) and employed 6,500 workers. Revenue increased 9% from the previous year. Now, Dyson's net worth is reportedly around $15.3 billion, making him the third-wealthiest person in the U.K. He's received other honors, too, including a knighthood in 2006 for his services to business. Related: A Billionaire Founder Admits He Had 'Horrible Habits' — Then He Started a Morning Routine That 'Transformed' His Life Dyson has certainly paid off those early debts and says he celebrates the "little successes" just as much (or even more) than the big ones. He points to Dyson hand dryers as an example — the product isn't a "huge" business, like, say, the Dyson hair dryer, he says, but he still finds it "interesting." "You shouldn't do everything in life just to get big numbers, big successes," Dyson said. "Little successes are just as satisfying."
