High Court rules against solicitor common fund orders in Federal Court class actions in NSW

Scott Castledine of Thomson Geer summarises a recent High Court of Australia decision ruling that the Federal Court of Australia generally has the power to make common fund orders for litigation funders at the settlement or judgment stage of representative proceedings, but does not have the power to make "solicitors' common fund orders" in class actions in New South Wales where solicitors are subject to the Legal Profession Uniform Law (NSW), which prohibits such contingency fees.