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- NZ Appeal Court makes crucial litigation funding ruling
NZ Appeal Court makes crucial litigation funding ruling
The New Zealand Court of Appeal has handed down a pivotal ruling on the jurisdiction of courts to grant common funding orders (CFOs) in a concerted move to expedite access to justice in the country, clarifying that New Zealand courts have the jurisdiction to make CFOs and that, contrary to a prior High Court decision, these funding orders should be made at an early stage in proceedings so wronged parties can secure the required financing to bring their claims.