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International Legal Finance Association Statement On Australian Parliamentary Committee Inquiry On Litigation Funding
Dec 22 2020
WASHINGTON, Dec. 22, 2020 /PRNewswire/ Today, the International Legal Finance Association (ILFA) the global voice of the commercial legal finance industry issued a statement in response to Australia’s Parliamentary Joint Committee on Corporations and Financial Services Inquiry on Litigation Funding and the Regulation of the Class Action Industry. The Committee issued its findings and recommendations to the full Parliament today. Australia’s current balanced approach between securities law, class action procedure, and legal funding provides a model for the world, and reinforces its strong position as a destination for global investment.