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Contingency Fees Litigation Funding Class Action

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

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

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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