Class actions – the next frontier

Litigation funding still awaits a Law Commission report. (Image: Depositphotos)

Mon, 13 Jun 2022

Whether it's covid or keto, one good thing about little old New Zealand is that we are often slow to catch onto global developments.This means we get to watch the world do stuff, and hopefully(!) learn from it.One would hope this would apply to litigation funding and class actions, which are mature markets in Australia and the UK, from which our legal system is derived.Alas, this is not the case, and as the blot on the legal system that was the Feltex’s shareholder claim showed, rules need to be clarified. While the Law Commissi...

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