Shaun Bonett, Chairman of Litigation Lending welcomes the appointment of Stephen Conrad as Chief Executive Officer

After an extensive search we are delighted to announce that we have appointed Steve Conrad as the new CEO of LLS.

Steve is extraordinarily well qualified for this role with his most recent work as advisor, Executive Director and CFO of one of our peers, Litigation Capital Management Limited (LCM).

During Steve’s time at LCM they undertook capital raisings on the ASX (together with a delisting from the ASX and subsequent listing on the London Stock Exchange) and LSE, expansion of the business into new geographies of Asia and Europe, together with the establishment of an asset management platform raising an inaugural fund and setting up of an AFSL. Prior to his time at LCM, Steve was an independent advisor specialising in asset management and infrastructure, with a 25 year career in financial markets working for global banks in Singapore, Hong Kong and Sydney.

One of the key considerations for our selection of CEO was to bring relevant transactional experience in-house in the areas of capital and strategy. Steve has unparalleled experience in raising capital and going through the IPO process with LCM, which is a high priority for consideration at LLS. Steve joins Jeff Chamberlain as CFO and Lisa Brentnall and Kim May as senior Litigation Managers who round out the executive team.

I am thrilled to welcome Steve to the LLS team and look forward to Steve and the team taking what has been a very successful business to the next level. Steve started with LLS on 2 July 2020.

The LinkedIn profile for Steve can be found here https://www.linkedin.com/in/mrsteveconrad/

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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