Banksia-inspired conflict of interest regulations quietly take effect

Legal Ethics 2021-12-01 3:40 pm | Sydney
Spurred by the Banksia class action scandal, the federal government has implemented new regulations requiring litigation funders to manage conflicts of interest that arise when the lawyers acting on a class action have a “material financial interest” in the funder that’s running it.
For information on rights and reprints, contact subscriptions@lawyerly.com.au