Judge wants funder’s cut in Westpac class action to come from net recovery

Allens 2018-09-19 1:58 pm By Christine Caulfield | Melbourne

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A judge has agreed to sign off on an order in a massive class action against Westpac that could give 25 percent of any recovery to the litigation funder underwriting the case, on the condition that the funder accept a rate reflecting the net, not the gross, sum.

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