Balanced approach on litigation funding and class actions taken by the New Zealand Law Commission

Alicia Murray and Cameron McCracken of DLA Piper summarise various recommendations of the New Zealand Law Commission for a new regulatory regime governing litigation funding in New Zealand – including proposals that litigation funding agreements be disclosed to the court and the defendant, that courts be given the express power to order costs and/or security for costs directly against a litigation funder, rather than against the parties to the proceeding, and more – all of which are aimed at providing certainty and clarity for litigants and funders alike and having a positive effect on the litigation funding market in New Zealand. Read more.

Keep Reading

Before You Go

Never miss a thing in the litigation finance market.