Law & Regulation

Law Commission wants regulation of litigation funders

Victoria Young
Fri, 04 Dec 2020

The Law Commission believes litigation funders need to be regulated, but class actions should be generally allowed.It today released a major report on the controversial area of class actions and those that bankroll them.The commission's view on law reform in this area will now go through a consultation phase before a final report to the Justice Minister in May 2022.The 381-page report says a statutory class actions regime is needed for New Zealand.“Our preliminary view shouldn’t come as any surprise, we’re just not taking...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion

Govt wiggles on housing hook

Pattrick Smellie | Thu, 21 Jan 2021

The dominance of covid-19 as an issue is covering the government's threadbare initial response this year to the housing affordability crisis.

Infrastructure

Beach permit surrender ends South Island exploration

Gavin Evans | Thu, 21 Jan 2021

Latest permit surrender slashes country's remaining offshore exploration acreage.

Infrastructure

Three Mercury execs depart as generation focus tightens

Gavin Evans | Thu, 21 Jan 2021

Single manager for generation and new role for sustainability among Mercury executive overhaul.

Law Commission wants regulation of litigation funders

Not convinced yet?

Your company has a subscription

Team