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Litigation funder a ‘stranger’ in S&P class action, not entitled to docs, judge says
Banton Group 2020-10-16 12:21 pm By Christine Caulfield Melbourne
The litigation funder embroiled in a contractual dispute with a lead applicant in a class action against S&P Global is a stranger to the proceeding and has no right to demand to be served an application to pause the case pending the outcome of the contract spat, a judge has said.
S&P class action applicant wants to look at other applicant’s funding agreement
Banton Group 2020-10-13 3:27 pm By Cat Fredenburgh Melbourne
One of the lead applicants in a class action against ratings giant S&P Global, which is involved in a dispute with the funder that's backing the case, wants to look at the funding agreement signed by the class action's other lead applicant.
‘Completely unsatisfactory’: Arasor class action applicant hit with costs for ‘overstated’ claims
Andrew Byrne 2020-08-28 2:46 pm By Miklos Bolza Sydney
The lead applicant in a securities class action against the directors and auditors of laser technology firm Arasor has been hit with costs for its "completely unsatisfactory" conduct in its failed pursuit of over $508,000 in legal costs spent in disputes with the ATO and funder International Litigation Partners.