Mills Oakley has launched a class action… on behalf of insurers

Class actions are typically launched against big financial institutions such as insurance companies, but Australian law firm Mills Oakley is reporting that it has launched the first court approved class action commenced by insurers, with a group of insurers coming to a cost sharing arrangement between themselves and Mills Oakley to pursue a claim against a sea vessel owner and operator, with no involvement of a litigation funder. More from Mills Oakley.