Litigation Lending has agreed to fund a class action to be run by Adley Burstyner and Harwood Andrews Lawyers on behalf of Australian dairy farmers who suffered financial loss due to Fonterra’s May 2016 decision to announce a ‘step down’ in the farmgate milk price for the Southern Region of the Australian dairy industry. Read more.
More than 1,700 family members and deceased estates of the Northern Territory Stolen Generations have reached an historic $50.45 million settlement with the Australian Government, subject to the approval of the Supreme Court. Litigation Lending Services provided financing for the case.
Sydney’s Litigation Lending Services says it makes a 62 per cent return on an IRR basis and has a 93 per cent success rate for completed cases. The company has hired Credit Suisse for a new $35 million fundraising, according to AFR.
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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