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EY resigns as Omni Bridgway auditor over class action conflict
Class Actions 2021-05-17 7:15 pm By Cat Fredenburgh

Ernst & Young has resigned from its role as Omni Bridgeway’s long-time auditor after determining a class action against it that’s being backed by the […]

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Boral class action decision forces litigation funders to retool
Analysis 2021-04-29 3:11 pm By Miklos Bolza

As the no win, no fee model comes out on top in another high profile class action beauty contest, legal experts say third-party litigation funders […]

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‘A disappointing result’: Judge approves $25M settlement in Dick Smith class actions
Class Actions 2021-03-17 11:52 pm By Cat Fredenburgh

A judge has approved a “disappointing” $25 million settlement in long-running class action litigation over the collapse of electronics retailer Dick Smith with claims worth […]

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Group members to get more than half of $37.75M Estia class action settlement
Class Actions 2021-03-02 3:48 pm By Cat Fredenburgh

More than half of the $37.75 million settlement reached in a shareholder class action against aged care provider Estia Health will be left for distribution […]

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‘A beacon of hope’: Litigation funding VIPs join forces amid expected litigation uptick
Business of Law 2020-11-09 5:46 pm By Miklos Bolza

Two leading figures in the litigation funding industry have come together amid an anticipated bump in the demand for litigation finance in the next decade, […]

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$37.75M settlement reached in Estia Health class action
Class Actions 2021-02-16 12:48 pm By Cat Fredenburgh

A $37.75 million settlement has been reached in a shareholder class action against Estia Health that accused the aged care provider of failing to disclose […]

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Funder’s involvement in Spotless class action settlement was ‘inappropriate’, judge finds
Class Actions 2020-12-01 5:25 pm By Spencer Fowler Steen

A judge has found that a litigation funder’s involvement in settlement negotiations without the presence of the applicant’s lawyers in a shareholder class action against […]

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Clayton Utz teams up with funder ICP for business interruption insurance class action
Insurance 2021-01-18 12:05 pm By Miklos Bolza

Law firm Clayton Utz and litigation funder Investor Claim Partners have joined forces to bring a class action against insurers who have denied business interruption […]

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Group members will get about half of $50M Vocation class action settlement
Class Actions 2020-12-18 2:37 pm By Cat Fredenburgh

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running […]

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Treasurer blocks access to ASIC communications as new litigation funding rules kick in
Class Actions 2020-08-21 4:04 pm By Miklos Bolza

New laws aimed at regulating litigation funders are due to commence on Saturday, but Treasurer Josh Frydenberg is keeping a lid on four emails exchanged […]

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