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Showing 11 - 20 of 25 results for "litigation funding"

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... that no one else is." The firm said the claims will be fully-funded by global litigation funder, Woodsford Litigation Funding, on the basis that if there is no win, there is no fee. "If you acquired, renewed or continued to hold a financial product (including ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... is building on the group of investors who have already approached us for help. With sufficient numbers and litigation funding and ATE insurance in place, RGL will commence legal proceedings on behalf of a significant number of Woodford investors," RGL ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the regulation of the industry. The regulations could stymie compensation payouts to Australians robbed by big banks ...

Litigation funding fight heats up

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
The Senate Parliamentary Joint Committee, Corporations and Financial Services looking into litigation funding and the regulation of the class action industry sparked a heated debate today. Menzies Research Centre chief of staff James Mathias was questioned ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Law firm Slater and Gordon has slammed AMP chief executive Francesco De Ferrari's criticism of litigation funding and class actions, as AMP continues to battle lawsuits sparked by the Royal Commission. Slater and Gordon head of class actions Ben Hardwick ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... into the company. "In the event creditors do not wish to fund the liquidator's investigations, we may seek litigation funding or other funding options possible," Wexted said in the latest report to creditors sent last Friday. Sargon Capital, which ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... supported the call for regulation last week as the parliamentary joint committee inquiry into class actions and litigation funding got underway. "As the pioneer of litigation funding in Australia, Omni Bridgeway is a supporter of additional regulation ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... incentives for recommending their clients purchase insurance through AMP Life, has been funded by Woodsford Litigation Funding. Woodsford has also bankrolled the class action against Colonial First State over "excessive" insurance premiums on super products ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... mutually beneficial arrangement that had the effect of putting profits ahead of people," she said. Woodsford Litigation Funding is funding the class action. It relates to FirstChoice Personal Super and Pension, FirstChoice Wholesale Personal Super and ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... will only apply in the event of a win. To facilitate this, Maurice Blackburn has partnered with International Litigation Funding Partners to cover adverse costs of the action, which is open to those who bought shares in AMP between 27 May 2015 and 13 ...