In April 2018, the Association of Litigation Funders of Australia was established. LLS was a founder member of this Association along with Augusta Ventures, Balance Legal, Grosvenor Litigation Services, Investor Claim Partners and Vannin Capital. The Association has appointed LLS CEO Stuart Price as the inaugural CEO and Managing Director of the Association.
Mr Price said “The commencement of an Association of Litigation Funders in Australia is an important milestone to reach. This demonstrates the importance and willingness of the industry to actively engage with the government, legislators, regulators and other policy makers to shape the regulatory environment for litigation funding in Australia. It is a privilege to work with the litigation funders active in Australia particularly at a time where there are active reviews underway on the industry and the way it operates.”
Compensation for thousands of Stolen Wages victims in Western Australia
The WA Government has settled a class action for Stolen Wages on behalf of many thousands of Aboriginal Australians who worked in Western Australia and were not paid some or all of their wages while they were subject to legislation in effect from 1936 to 1972. As part of the class action settlement, the State of WA will pay up to $180.4 million to eligible aboriginal workers or their surviving spouses and children.
The West Australian: Barbara Moore, group member for Stolen Wages WA class action “They should pay us now. It’s time. Enough is enough.”
It’s time for the WA Government to listen and pay victims what they are owed. As the fight continues for victims of wage theft, LLS together with our partners at Shine Lawyers, is determined to play our part in the pursuit of justice.
Innovate Reconciliation Action Plan Launch – July 2023
Reconciliation Australia have endorsed Litigation Lending’s Innovate Reconciliation Action Plan.
Appointment of Investment Manager – May 2023
Litigation Lending is delighted to announce the appointment of our new Investment Manager Paris Hamrey.
Justice for Stolen Generations. An historic $50.45 million class action settlement approval for deceased members of the NT Stolen Generations and their descendants.
Approved by the Supreme Court of NSW on 17 April 2023.
Rebecca Le May writes in The West Australian on stories for some of WA’s hard working First Nations peoples who had their wages withheld under the government’s regulatory policies at the time.
What is the price of slavery? What actually happened to the 14,000 or so First Nations people of WA who were enslaved to work for little more than board and rations?