Judge OKs IAG class action settlement, rejects funder’s bid to recoup insurance

Class Actions 2020-12-17 3:01 pm By Christine Caulfield | Melbourne

A judge has signalled his intention to sign off on a $138 million settlement in a class action against IAG and approve a common fund order that gives the litigation funder a $34.5 million commission, but an application by the funder for reimbursement of after-the-event insurance has been refused.