August 3, 2020

Funding Disclosure Litigation Deserves Its Own Lockdown

Last month, a Parliamentary Joint Committee in Australia held hearings on litigation funding and the regulation of the class action industry with one more coming today, according to an op-ed in the Australian Financial Review.

The Committee is currently wrestling with lofty questions on licensing and regulation of litigation funding, the role of regulators and judges, and Australia’s continuous disclosure laws.

The authors of the piece, who are partners at the King & Wood Mallesons law firm, say securities class actions have grown exponentially this century, and that litigation funding for securities class actions is an industry in Australia.

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