The Australian Highlights ILR’s Class Action Reform Efforts
The Australian’s Chris Merritt highlights ILR’s Australian class action reform efforts in a story reporting on a new reform proposal set to be published by law professor Michael Legg in the Melbourne University Law Review.
Legg’s proposal will outline “four changes that he believes will help the courts eliminate the risk of what he refers to as conflicts of interest, collusion and settlements that do not benefit all claimants in particular class actions.”
Merritt notes that Legg’s proposal echoes ILR’s call “for a court-pointed claimants’ representative to protect the interests of clients in the increasingly lucrative class action industry.”
As Merritt writes, ILR’s proposal also “called for litigation funders and instructing law firms to be banned from having an ownership stake in each other, or from having any other joint economic interest in the outcome of litigation.”
Read the full article here.
