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Showing 1 - 10 of 25 results for "litigation funding"

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... Dluzniak and Hird worked together at Therium Capital Management before the venture, bringing more than 30 years of litigation funding experience collectively across Australia and international markets. The newly launched Ninety Mile Litigation Fund 1 ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... category "other managed investments" includes managed investments that do not fit a specific investment, such as litigation funding schemes, it noted. In terms of superannuation complaints, firms reported 220,860 with around 54% of those being resolved ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... Sum by a proportionate share of the Funder's Entitlements, regardless of whether they have entered into a litigation funding agreement with the Funder or not," the documents read. "The effect of this order would not increase the amount paid to the ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... major criticism of the CSLR is that it does not consider managed investment schemes (MIS). It also overlooks litigation funding schemes, time-sharing schemes, issues relating to tax treatment, the Corporate Collective Investment Vehicle regime, or the ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... framework and highlighted the need for MIS's to be included under the CSLR. It also won't be looking at litigation funding schemes, time-sharing schemes, issues relating to tax treatment, the Corporate Collective Investment Vehicle regime, or ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... recommendations of the Parliamentary Joint Committee on Corporations and Financial Services in its report on litigation funding and the regulation of the class action industry, including recommendations 7, 11, 12, 13, and 16. Recommendation 7 recommends ...

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... authorisations, compared to 741 in the previous financial year. "In 2020-21, ASIC implemented reforms requiring litigation funding scheme operators, insurance claims handling services and debt management services firms to be licensed," ASIC chief operating ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... Undoubtedly, the increase in the allocation of indirect costs is closely related to the increased spending on litigation funding," he said. "The combination of the increase in enforcement and indirect costs accounts for $32.5 million of the total $38 ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... Ardent's liquidity is undoubted," Whyte said. "We are conferring with the funder [of the class action, Woodsford Litigation Funding] about their position in light of the court's finding." On 25 October 2016, Kate Goodchild, Luke Dorsett, Cindy Low and ...
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