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/

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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Stolen Generations Class Action (Northern Territory)

Class action launched against the Commonwealth Government on behalf of members of the Stolen Generations in the Northern Territory who were forcibly removed from their families as children. Although a formal apology has been made, the Commonwealth has refused to pay compensation to members of the Stolen Generation in the Northern Territory, despite their own recommendation to do so. All other states with similar policies have paid compensation to those affected.

LLS is pleased to be partnering with Shine Lawyers to continue to support Australia’s First Nations people to seek compensation for past injustices.

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Parliamentary Inquiry into litigation funding and the regulation of the class action industry - Release of Final Report

Parliamentary Inquiry into litigation funding and the regulation of the class action industry – Release of Final Report

LLS provides a response to the release of the 454 page Australian Parliamentary Joint Committee on Corporations and Financial Services (PJC) Final Report.

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LITIGATION FUNDING REGULATIONS

Litigation Funding Regulations

“How do the recent amendments to the regulation of litigation funders impact funding for insolvency matters?”

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Stolen Wages (WA): Class Action October 2020

Class action launched against West Australian Government over Indigenous stolen wages

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