‘Big fat CFO’ incentives would distort class action scheme, BMW tells court

Class Actions 2020-10-27 8:48 pm By Miklos Bolza | Sydney

Luxury car maker BMW has told the NSW Court of Appeal that the courts do not have power to make common fund orders at any stage of a group proceeding, arguing that such orders would distort the scope of the class action regime by encouraging litigation funders to pursue lawsuits.