Therium to receive commission of 23% of the gross settlement of Australian class action

The settlement of an Australian class action will see Therium receive a commission of $6,888,500 (or 23% of the gross settlement), with the judge finding that “Therium provided the finance that enabled the class action to be run to a successful conclusion” and that “it would not be ‘just’ if Therium was not remunerated fairly for the costs and risks it took on from group members’ recoveries.”

Read the decision here.