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Spotlight on Class Actions: Fallout from the Supreme Court decision on litigation funding in PACCAR
Manage episode 384420109 series 3529738
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This episode looks beyond the hyperbole to explain how litigation funding is (and isn’t) likely to be impacted by the recent PACCAR Supreme Court judgment.
Tim West, Partner in Ashurst's Dispute Resolution practice is joined by Anna Morfey, a Partner in Ashurst's competition litigation team and Rosie Ioannou, Director – Legal Assets at Fortress Investment Group.
While some are ringing alarm bells after the PACCAR judgment, this podcast provides more measured analysis. Tim, Anna and Rosie discuss the likely impacts on the litigation funding industry (which have been overstated in some quarters) and explain what it could mean for collective actions currently before the Competition Appeal Tribunal.
More broadly, Rosie calls for better understanding about the role of funding, its position in the market, and the positive impact it has.
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
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