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Member Spotlight: Susanna Taylor

Susanna Taylor is Head of Investments – APAC, for Litigation Capital Management (LCM). Susanna leads LCM’s team of Investment Managers in Australia and Singapore and is responsible for overseeing the sourcing, due diligence and management of LCM’s investment activities across the APAC region.

Susanna is a highly experienced and skilled operator being active in the litigation funding industry since 2014 when she joined LCM. Since that time Susanna has been responsible for sourcing, underwriting and managing a large and diverse portfolio of dispute projects consisting of commercial disputes, class actions, insolvency claims and international arbitration.

Susanna sits on LCM’s investment committees for both APAC and EMEA and is intimately involved in the operational aspects of LCM’s business, taking part in regulatory and compliance and capital raising activities, investor relations and the expansion of LCM to new jurisdictions.

Prior to joining LCM in 2014, Susanna was a litigation specialist with Norton Rose Fulbright in Sydney where her practice canvassed class actions, financial institutions disputes, contentious regulatory work (including work for the Australian Competition and Consumer Commission) and corporate disputes. Before joining Norton Rose Fulbright, Susanna practised in London for UK firm Hammonds Suddards Edge where her focus was on construction litigation. Susanna’s Chambers and Partners profile describes her as “one of the top operators in the industry,” and as “an extremely impressive litigation funder with a strong ability to cut to the commercial reality of claims.”

Company Name & Description:  LCM specialises in providing bespoke dispute finance solutions to facilitate the pursuit and successful recovery of funds from legal claims, while protecting our clients from the downside risk associated with disputes. Founded in 1998, LCM is one of Australia’s most experienced and successful disputes finance companies. LCM has completed over 260 cases and has assisted hundreds of companies and individuals in achieving significant recoveries from claims that, without LCM, may not have been pursued due to the associated costs and risks.

All of LCM’s Investment Managers are former litigators with the level of experience required to facilitate successful outcomes in disputes. LCM’s team is highly skilled in the assessment of claims and in providing strategic assistance throughout the process of determining the dispute. LCM has an unparalleled track record, driven by effective project selection, active project management and robust risk management. LCM’s capability stems from being a pioneer of the industry with more than 25 years of disputes finance experience.

LCM is listed on AIM (at the London Stock Exchange), trading under the ticker LIT.

Company Website https://lcmfinance.com/

Year Founded: 1998

Headquarters: Headquartered in Sydney, with offices in London, Singapore, Brisbane and Melbourne

Area of Focus: Arbitration, Insolvency Claims, Commercial Claims, Class Actions

Member Quote: “Disputes finance is a risk management tool which allows a variety of claimants from small to large to leverage their dispute assets in order to transfer the costs and risk of a dispute to a third party funder.  Being involved in structuring these finance solutions and sitting alongside claimants to assist them to reach a successful outcome makes this a very rewarding industry to be a part of“.

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LPF Group Appoints Former High Court Judge as Director

By Harry Moran |

In an announcement released earlier this week by LPF Group, the New Zealand litigation funder revealed that it had strengthened its board with the appointment of Judge Robert Dobson KC as a director. Mr Dobson brings a wealth of experience as both a commercial lawyer and judge, having served on the High Court from 2007 to 2020. Mr Dobson briefling returned to the bench as an acting judge on the Court of Appeal in 2022, before returning to his arbitration and mediation practice at Stout Street Chambers.

Phil Newland, founder and director of LPF, said “LPF is delighted to have Mr Dobson, a proven jurist with substantial legal and judicial experience join the board at such an important time for the development of class action law in New Zealand.”

Commenting on his new role, Mr Dobson stated: “Having observed LPF’s role from a different perspective for many years I now look forward to playing a part in continuing the development of litigation funding and assisting access to justice. I am very much looking forward to joining LPF in helping meritorious cases attract funding in the pursuit of justice.”

In addition to the appointment of Mr Dobson, LPF also stated that the company’s current Chairman, Bill Wilson KC, will be moving to the position of Emeritus Chair to provide continuing support to the funder’s board. Newland praised Wilson’s work during his time at LPF by saying “With Bill’s strong support LPF has assisted many thousands of New Zealanders to achieve redress, including in leading cases such as Mainzeal, Kiwifruit and in the recent CBL and Intueri shareholder class actions.”

CAT Chairman: “Funding is Essential” for Collective Proceedings Success

By Harry Moran |

Following the publication of the Civil Justice Council’s interim report on litigation funding, industry leaders and experts have opined on the future direction of UK’s funding market. At a recent industry conference, attendees were treated to the views of the head of one of the country’s most important judicial bodies when it comes to litigation funding.

Reporting by CDR covers remarks delivered by Andrew Lenon KC, chairman of the Competition Appeal Tribunal (CAT) at the Global Class Actions Symposium. The keynote speech on the second day of the symposium saw Lenon discuss the current state of the CAT and the involvement of third-party funding, which he described as “essential to the success of the collective proceedings regime.”

Lenon noted that despite the period of uncertainty in the initial aftermath of the PACCAR decision, he suggested that “it seems likely that the UK market for litigation funding and collective proceedings will continue to grow.” Furthermore, Lenon argued that in this growth environment, the result would be the emergence of a “fully functioning competitive market for litigation funding.”

The CAT’s chairman emphasised the tribunal’s role “to clarify the legal principles relating to funding arrangements”, with a focus on ensuring that “collective proceedings do not become a cash cow to funders and lawyers, with minimal returns to class members.” However, in a welcome nod to funders and lawyers alike, Lenon assured that the CAT “will be slow to interfere with funding arrangements freely negotiated between funders and class representatives.”

Whilst he acknowledged that the CAT must keep a close eye to ensure that funder’s fees and legal costs do not spiral out of control, Lenon agreed that it was “entirely legitimate for funders to seek a return on their investment.” In summarising the CAT’s position on interfering with litigation funding agreements, Lenon said that “the tribunal should therefore be slow to second guess.”

Which? Files £3 Billion Cloud Claim Against Apple, Funded by LCM

By Harry Moran |

The growth of multinational technology corporations has provided years of product innovation and a mass availability of affordable consumer electronics. However, the resulting monopolies that have risen to dominate these markets have also created space for the potential for anti-competitive behaviour that harms consumers. In this environment, it is unsurprising we are seeing more and more claims being brought against these tech giants, with the legal proceedings supported by third-party litigation funders.

An article in TechCrunch covers the announcement of a new collective action being brought against Apple by the UK consumer rights group Which?, representing up to 40 million consumers over allegations that Apple breached competition law by overcharging users of the iCloud service. The opt-out proceedings, valued at approximately £3 billion, claims that Apple abused its monopoly position to favour iCloud over competing cloud storage providers and locking in customers to the iCloud services, thereby preventing them from switching to a competitor and enabling Apple to charge increasingly higher fees.

The application for certification was filed with the Competition Appeal Tribunal (CAT) on 8 November 2024, with the claim seeking to represent any UK consumer who used an iOS device or iCloud services from 1 October 2025 onwards. This nine year time period is particularly relevant as it follows the introduction of the Consumer Rights Act from that date. The claims is being funded by Litigation Capital Management (LCM), with litigation risk insurance having been secured to cover Apple’s legal costs if the claim is not successful

More information about the collective proceedings can be found on the Cloud Claim website.

In response to this new legal action being brought, Apple spokesperson Tom Parker provided the following statement: “Apple believes in providing our customers with choices. Our users are not required to use iCloud, and many rely on a wide range of third-party alternatives for data storage. In addition, we work hard to make data transfer as easy as possible — whether its to iCloud or another service. We reject any suggestion that our iCloud practices are anticompetitive and will vigorously defend against any legal claim otherwise.”