Third party litigation funding has become intriguing development in the expansion of global class and collective action litigation over the past several years, particularly in Australia. (For various previous CAB articles addressing third party litigation funding, click here). The concept of third party litigation funding generally refers to financing of litigation by a private party or corporation that is [...]
Posts Tagged ‘contingent fee’
Is Victoria Province About to Top the ATRF’s List of Judicial Hellholes?
Posted in Class Action Trends, International Class Action Law, tagged australia class action, australian class action, contingency fee, contingent fee, fee sharing, fee splitting, IMF, IMF Australia, international class action, litigation funding on January 28, 2011 | 1 Comment »
What if Contingent Fees Worked in Reverse?
Posted in class action reform, International Class Action Law, tagged canada class action, canadian class actions, contingent fee on June 24, 2009 | Leave a Comment »
CBC business columnist Michael Hlinka has this modest proposal for how to prevent class action abuse in Canada: make unsuccessful plaintiffs’ class action attorneys pay the defendant an amount equal to the amount of the contingent fees that they stood to earn if they had won. It’s not an idea that is likely to catch on among policymakers, [...]
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