The Australian Law Reform Commission’s (ALRC) report ‘Integrity, Fairness and Efficiency—An Inquiry into Class Action Proceedings and Third-Party Litigation Funders’[1], was released on 25 January 2019. The report makes 24 recommendations in an effort to ‘shake up’ a now-booming sector. The ALRC received over 75 submissions in response to their initial Discussion Paper[2], including a … Continue reading
If you are a litigation funder and you think you can obtain a 35% return on settlement from a successful settlement or judge, maybe you should think again. On 26 October 2016 the Full Court of the Federal Court delivered its decision in Money Max Int Pty Ltd (Trustee) v QBE Insurance Group Limited (QBE … Continue reading