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Australia – Class Action Funders, and Competition Between Lawyers to Pursue Securities Class A

  • Writer: Kirk Hartley
    Kirk Hartley
  • Feb 12, 2009
  • 1 min read

A Mondaq article from the Deacons law firm provides an interesting example of how entrepreneurial claiming is changing the face of litigation. The article is a brief but illuminating account of current, ongoing competition between multiple securities class action claims brought by different law firms, with some of the litigation financed by professional litigation funders. As a result of the litigation funders, the class claims are not identical, adding a new wrinkle to the mix as to coordination of litigation.

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About Kirk

Since becoming a lawyer in 1983, Kirk’s 35+ years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”

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