Full Court finds class actions are not managed investment schemes

Adam Hochroth 2022-06-16 10:43 am By Cindy Cameronne | Sydney

Please login to bookmark

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

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