ALFA appoints new directors

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Funder News

ALFA opens up membership base

The Association of Litigation Funders of Australia (ALFA) has announced that it is opening up its membership base to include Honorary and Associate Members. Firms that have already jumped on board include the Banton Group, Cornwalls, Epiq, Johnson, Winter & Slattery, Korda Mentha, Mayweathers, McGrath Nicol, Piper Alderman and William Roberts Lawyers.

In the News

Funder fees capped at 30% in draft Australian bill

The Australian government has released its exposure draft of new legislation relating to litigation funding and the regulation of the Australian class action industry. Under the proposed bill, the payout of fees to litigation funders and lawyers involved in successful class actions will be capped at 30%. The bill also proposes to eliminate Common Fund Orders, which automatically bring all potential claimants under the umbrella of a class action. The Association of Litigation Funders of Australia has already spoken out, arguing that the government should shelve the bill and start again.

Funder News

Litigation Lending Services adds two new investment managers

Litigation Lending Services is proud to announce the appointment of two new investment managers. Emma Colantonio joins the team in Sydney, coming from MinterEllison. Laura Morrissey joins the team in Brisbane, coming from HWL Ebsworth Lawyers.

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