ICP Funding Pty Ltd, an authorised representative of CASL, is supporting a class action against Insurance Australia Limited, trading as ‘CGU Insurance’ (CGU), on behalf of business owners with CGU business interruption insurance who have suffered losses to their business losses arising from the the COVID-19 pandemic. The class action will be run by Slater & Gordon Lawyers. Read more.
CASL is backing a claim launched by Phi Finney McDonald and Redgum Legal & Consulting against the Chief Executive Officer (Housing) (Northern Territory) on behalf of Aboriginal people from 73 remote communities in the Northern Territory. The claim alleges that the CEO breached its contractual obligations to ensure that public housing was habitable, safe and secure, and had a reasonable system for carrying out repairs to ensure those standards were met.
Australian litigation funder CASL has secured $155m in investment capital in its inaugural capital raising, with significant global institutional support.
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