Funder’s cut of S&P class action settlement to go under microscope

Class Actions 2018-07-05 11:25 pm By Christine Caulfield | Melbourne

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The judge overseeing seven class actions against S&P Global Ratings over toxic financial products has appointed a barrister to advise him on whether to approve a confidential global settlement, which would give funder Litigation Capital Partners about half the payout.

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