Another shareholder class action in Australia has resulted in no award of damages for shareholder class members, this time in the case against Perth-based mining company Iluka Resources. Augusta Ventures was backing the claim. More from Allens.
Another shareholder class action in Australia has resulted in no award of damages for shareholder class members, this time in the case against Perth-based mining company Iluka Resources. Augusta Ventures was backing the claim. More from Allens.
Brown Rudnick has released the agenda for its first annual European Litigation Funding Conference taking place on 17 May 2022 in London. The one-day conference has drawn big names from the international litigation funding market who will discuss topics such as opportunities and innovation in deal structuring, the rise of class actions and opportunities in Europe.
Human rights law firms Mbuyisa Moleele and Leigh Day have filed further evidence with the High Court in Johannesburg to bolster their case against Anglo American, which stands accused of causing widespread lead poisoning to communities around the Kabwe mine, with devastating consequence for human health. The law firms have approached the Johannesburg High Court for permission to proceed with a class action in South Africa. Augusta Ventures is backing the case.
Australian class action claims were down 13% over the year and shareholder claims – once the most common – have fallen to their lowest levels in a decade. Underscoring these shifts is a growing environment of uncertainty for litigation funding.
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