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Contingency Fees Litigation Funding

Jones Day

Financing of Australian Class Actions—Solicitors Common Fund Order Disallowed

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Australia's highest court has ruled on the question of whether lawyers in New South Wales ("NSW") can charge contingency fees in class action litigation in the Federal Court of Australia (otherwise known as a solicitors'...more

Herbert Smith Freehills Kramer

Clouds Over Blue Sky: High Court Limits Solicitors’ CFOs

On 6 August 2025 the High Court of Australia (High Court) unanimously held that at the time of settlement or judgment in a class action, the Federal Court of Australia (Federal Court) does not have the power to grant a...more

Faegre Drinker Biddle & Reath LLP

Minnesota Supreme Court Takes on Litigation Financing for Second Time in Single Suit

For the second time in a single litigation (Maslowski v. Prospect Funding Partners, LLC, et al. v. James Schwebel, Esq., et al.), the Minnesota Supreme Court will consider the propriety and permissible scope of private...more

Conyers

BVI Cross-Border Litigation: The Current State of Cost Recovery

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The Legal Profession Act 2015 (as amended) (the “LPA”) introduced significant changes to regulation of the legal profession in the British Virgin Islands (BVI) , including restrictions aimed at preventing persons not admitted...more

Vinson & Elkins LLP

A “Measured Approach” to Conditional Fee Agreements with the Enactment of the Legal Profession (Amendment) Act 2022

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On 12 January 2022, the Ministry of Law (“MinLaw”) of Singapore announced various amendments to the Legal Profession Act 1966 (“LPA”), which were subsequently passed in the Legal Profession (Amendment) Act 2022....more

Quinn Emanuel

Asia-Pacific Litigation Update – October 2021

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‘Shifting Sands’: Adopting Contingency Fees in Australian Class Actions - Introduction - Unlike the United States, Australia has historically prohibited (and for the most part, continues to prohibit) contingency fees...more

Jones Day

'Put the Brakes on Class Actions': Australian Parliamentary Joint Committee Report

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The Situation: Australia has become a hot spot for class actions fueled in large part by litigation funders, who have operated for many years in a largely unregulated market and have derived spectacular returns from their...more

Gerald Nowotny - Law Office of Gerald R....

California Dreamïn!

Reimagining the Tax Planning Paradigm for Trial Attorneys...more

Shumaker, Loop & Kendrick, LLP

Client Alert: A Business Person’s Guide to Attorneys’ Fees in Transactions, Research, and Litigation

The thought of attorney’s fees can strike fear in even the most brave and confident business person. This is because the law is one of the few fields where you may ask for services and agree to pay for them while not knowing...more

Proskauer - Minding Your Business

Defense Funding: The Next Frontier for Litigation Financing

Litigation funders are well aware that half of the potential market is largely untapped. Clients would prefer to focus on their business rather than litigation, and offload some or all of their defense costs to a third-party....more

Jones Day

Australian Law Reform Commission Releases Class Action and Litigation Funding Report

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Courts Empowered, More Action Needed on Shareholder Claims and Contingency Fee for Class Action Lawyers to Increase Class Action Activity - The Australian Law Reform Commission Class Action and Litigation Funding Report...more

Bennett Jones LLP

Ontario Court Refuses to Approve New Litigation Funding Model for Class Actions

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The Ontario Superior Court of Justice has added to its growing collection of cases that increase court scrutiny over litigation funding and contingency fee arrangements. In Houle v St Jude Medical Inc, 2017 ONSC 5129 [Houle]...more

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