In August 2018, the Association of Litigation Funders of Australia (ALFA) delivered its submission to the Australian Law Reform Commission’s (ALRC) inquiry into Class Action Proceedings and Third-Party Litigation Funders.

​LLS CEO and CEO of the Association Stuart Price said “The process to work with local and offshore litigation funders to develop a response to the inquiry that reflects a balanced and considered view of the industry, was extremely satisfying. The submission to the inquiry by the Association focused on the inherent risks that exist both locally and globally and relied upon empirical data for guidance to the extent these risks demand further regulation. LLS has been an active participant in this process and supports the views reached by the Association.”

To view the submission by the Association to the ALRC please follow this link.

Australian Government Consultation into Class Action Reforms

LLS has submitted the following papers as part of the consultation process for the Treasury Laws Amendment (Measures for Consultation) Bill 2021: Litigation funders and Guaranteeing a minimum return of class action proceeds to class members.

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A ruthless reform of class actions – but what about the conflict of interest?

LLS CEO Stephen Conrad writes in the AFR on the need for a consultative approach to class action reform, not the Governments “one-size-fits-all” approach.

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Crackdown on class actions helps big end of town

Nyunggai Warren Mundine AO shares his thoughts in The Australian on the Governments latest reforms for class actions.

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Stolen Wages

LLS Board director Nyunggai Warren Mundine writes in The Australian on the topic of Stolen Wages.

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Stolen Wages Northern Territory Class Action: June 2021

Class action launched against the Commonwealth Government on behalf of First Nations peoples seeking compensation from the Commonwealth of Australia for lost income between 1933 and 1972, when First Nations people were denied basic rights and entitlements under so-called protective legislation whilst working in the Northern Territory.

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Appointment of Investment Managers

Litigation Lending are proud to announce the appointment of two new Investment Managers to our team, Emma Colantonio and Laura Morrissey.

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