Stuart Price, CEO of Litigation Lending announces the settlement in-principle for $190m of the Stolen Wages (QLD) class action by the Queensland State Government. This settlement is subject to documentation and Court approval.

Mr Price said “As a litigation funder aligned to social justice outcomes we are proud to have played a part in bringing this claim to a successful conclusion.”

This settlement comes almost 3 years since it was commenced in 2016, and represents the 5th largest class action settlement in Australia’s history.

Shaun Bonétt, Chairman of Litigation Lending said “This Stolen Wages case represents one of the most important resolutions in Australia’s history, especially coming in NAIDOC week. This will allow the continuing integration and reconciliation with the First Nations people.”

The joint press release from Litigation Lending and BE Law is attached.


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.


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.


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.


Stolen Wages

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


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.


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.