Class action funder must indemnify Virgin despite ‘nonsensical’ agreement

Aviation 2022-09-02 10:14 pm By Cindy Cameronne | Sydney

Please login to bookmark

A judge has ruled that a litigation funder for an investor class action against Virgin must give the airline an indemnity to bring proceedings despite finding a deed of company arrangement requiring the pay-out “didn’t make sense”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au