Australian lawyers make case for regulating class action funders

A report from Mallesons Stephen Jaques makes a case for regulating the financiers of litigation in Australia, and claims that such players often take half the amount of settlements made as their fees.

Moira Saville, a Mallesons Stephen Jaques partner, makes a case to regulate financiers of litigation in Australia Tupungato

The report was presented to the US Chamber Institute for Legal Reform by Mallesons partner Moira Saville. However, according to The Australian, the call is at odds with the views of some other experts who are keen not to reduce competition by introducing new rules.

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