In August 2018, the Association of Litigation Funders of Australia (ALFA) delivered its submission to the Australian Law Reform Commission’s (ALRC) inquiry into Class Action Proceedings and Third-Party Litigation Funders.
LLS CEO and CEO of the Association Stuart Price said “The process to work with local and offshore litigation funders to develop a response to the inquiry that reflects a balanced and considered view of the industry, was extremely satisfying. The submission to the inquiry by the Association focused on the inherent risks that exist both locally and globally and relied upon empirical data for guidance to the extent these risks demand further regulation. LLS has been an active participant in this process and supports the views reached by the Association.”
To view the submission by the Association to the ALRC please follow this link.