Federal Court of Australia Dismisses IOOF Class Action
As LFJ reported earlier this week, the shareholder-led class action brought against Wellard and funded by ICP Funding has reached a settlement agreement. However, today we have news of another…
As LFJ reported earlier this week, the shareholder-led class action brought against Wellard and funded by ICP Funding has reached a settlement agreement. However, today we have news of another…
In August 2022, LFJ reported on the €190 million arbitration award secured by Rockhopper Exploration, a UK-based oil and gas exploration company, from the Italian government over its breach of…
The role of funders in patent litigation has come under much scrutiny over the last year, with objections arising over the lack of disclosure of funder involvement and the level…
The Australian class action landscape continues to show the significance of funded claims, as we have seen numerous settlements announced and approved over recent months. This trend has continued as…
As a busy year of activity for UK class actions comes to a close, the industry’s sights are already set on funded proceedings which are looking to advance in early…
Over recent months we have seen numerous victories for funded class actions in Australia, with litigation funders earning significant returns on their investments. However, a judgement from one of the…
In the face of alleged corporate wrongdoing, consumer-led group actions are continuing to gather momentum in the UK, with litigation funders eagerly stepping up to provide the financial support needed…
The use of litigation funding for class actions in Australia continues to achieve successful results for both the group members and the funder, as the Federal Court has approved another…
A common criticism of litigation funders’ involvement in claims against large corporations is that funders are more concerned with generating ROI than with assisting the consumers being represented. A recent…
Despite the ongoing consternation over the future of litigation funding’s role in UK class actions, we continue to see victories and major milestones achieved in funded cases over recent weeks….
As recently as last week, LFJ reported on the ongoing dispute between Woodsford and Hosie Rice over unpaid fees from a litigation funding deal, as the funder sought to block…
As LFJ reported in August, a class action backed by third-party funding and brought against one of Australia’s largest leisure companies has reached a settlement agreement. New court documents reveal…
Whilst disputes between law firms and funders who have worked together on a case are rare, we have often seen that when these fault lines do appear, the path to…
Australia continues to be one of the top jurisdictions for class actions, with both law firms and funders eager to pursue claims which can open access to justice and secure…
Whilst the litigation funding industry has seen significant maturation over recent years, the potential for bad actors to be involved in the industry through new startup companies cannot wholly be…
The multi-billion dollar award in the YPF case has been one of the biggest stories involving litigation funding in 2023, with Burford Capital looking to recoup impressive returns from its…
In the months following the UK Supreme Court’s PACCAR decision, industry observers have been patiently waiting to see how the courts’ handling of group actions would be affected. Today’s decision…
While we often highlight the achievements in lawsuits that receive funding from large commercial litigation funders, it is also crucial to recognize the vital work that non-profit legal funders are…
As LFJ reported last month, the effects of the Supreme Court’s PACCAR decision are already being felt in ongoing court cases, with disputes arising between funders and their clients. Following…
Critics of the litigation finance industry in the US have often focused on the lack of transparency around the origins of this funding, specifically questioning whether foreign actors could use…
There are few cases that epitomize the idea of litigation funding providing ‘access to justice’ than those lawsuits which represent indigenous communities who have suffered harm at the hands of…
In the aftermath of the Supreme Court’s PACCAR ruling on litigation funding agreements (LFAs), industry observers have been keen to see how lawsuits with pending applications before the Competition Appeal…
As LFJ reported in July 2023, the interest in litigation stemming from the Camp Lejeune toxic water scandal has been consistently on the rise, as a combination of legal advertising…
Whilst developments in class actions and commercial litigation have dominated the headlines over the last month, the work of litigation funders involved in international arbitration proceedings continues to demonstrate the…
This past month has seen a high frequency of developments in Australian class actions, with judgements being handed down from the Federal Court, and new lawsuits being announced with the…
One of the key issues that commentators raised in the aftermath of the Supreme Court’s PACCAR ruling, was whether the judgement would lead to a series of disputes between funders…
For litigation funders, reaching a successful resolution to a case is rarely as simple or straightforward as achieving a favourable judgement or award, with the inevitable difficulty of enforcement and…
Whilst class actions in the UK, US and Europe often receive more coverage, Australia continues to demonstrate its place as one of the top jurisdictions for class actions, particularly those…
Despite the ongoing discussions around the fate of litigation funding for class action claims in the UK, we are still seeing positive outcomes in ongoing claims before the Competition Appeal…
Group actions remain powerful tools for small businesses to seek justice and financial compensation when they feel that they have been wronged. The start of a trial in the English…