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Judge says funder can’t have cut of Banksia receivers $5.5M settlement with insurer
Class Actions March 26, 2020 3:01 pm By Christine Caulfield

The litigation funder controlled by recently deceased class action lawyer Mark Elliott has lost its bid for a 12.5 per cent commission of a $5.5 […]

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Mark Elliott’s Blackberry found, judge orders search of phone for evidence in Banksia class action
Class Actions March 26, 2020 1:57 pm By Christine Caulfield

The hunt for the missing Blackberry of deceased class action lawyer and funder Mark Elliott is over, and the located phone will now be examined […]

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Solicitors ordered to look for missing phone of deceased class action lawyer
Class Actions March 3, 2020 10:47 pm By Christine Caulfield

A judge has directed solicitors for deceased lawyer and funder Mark Elliott to search for his missing mobile phone, which is wanted for potential evidence […]

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IMF drops fight over commission in settled Murray Goulburn class action
Class Actions December 20, 2019 9:33 pm By Miklos Bolza

Litigation funder IMF Bentham has thrown in the towel in a battle over its cut of a $42 million settlement in a class action against […]

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Funder’s cut, legal fees face scrutiny in second Murray Goulburn class action
Class Actions November 27, 2019 11:11 pm By Christine Caulfield

The litigation funder financing the second of two recently settled shareholder class actions against Murray Goulburn will face similar scrutiny over its commission as the […]

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$42M Murray Goulburn settlement wins approval, but fight over funder’s cut still on
Class Actions December 6, 2019 2:56 pm By Christine Caulfield

Two months after rejecting the deal because the litigation funder’s cut appeared excessive, a judge has approved a $42 million class action settlement with Murray […]

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Icon denies QBE exclusions applied in Opal Tower disaster
Class Actions November 7, 2019 4:47 pm By Miklos Bolza

Construction firm Icon Co has rejected QBE Underwriting’s argument that exclusion clauses in coverage for Sydney’s Opal Tower meant the insurer did not have to […]

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Funder won’t fight court’s power to vary class action commission
Class Actions November 15, 2019 10:32 pm By Christine Caulfield

Whether judges can alter the terms of litigation funding agreements in class actions is a question that will remain unsettled for now, after litigation funder […]

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‘Serious questions’ raised over conduct of lawyers, funder behind Banksia class action, judge says
Class Actions September 26, 2019 2:01 pm By Christine Caulfield

A judge overseeing a settled class action against failed Banksia Securities has rejected an application to limit a contradictor’s investigation of alleged professional misconduct on […]

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Funder booted from Banksia class action settlement scheme after intimidation claims
Class Actions August 30, 2019 5:02 pm By Miklos Bolza

A judge has removed the funder and law firm leading the Banksia Securities class action from their roles supervising a proposed settlement distribution scheme after […]

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