On 30 September 2021, the Department of Treasury opened consultation on new laws which, if enacted in their proposed form, will introduce new hurdles for litigation funders intended to ensure fairer returns for group members in future funded class actions.

The reforms continue the Government’s recent legislative activity in the class action space, having made substantive amendments to continuous disclosure laws in August 2021 directed at shareholder class actions.

To read more, click here.

Jason Betts
Jason Betts
Partner, Global co-head of class actions, Sydney
+61 2 9225 5323
Christine Tran
Christine Tran
Partner, Sydney
+61 2 9225 5786
Brock Gunthorpe
Brock Gunthorpe
Senior Associate, Sydney
+61 2 9225 5989