Home/Tag: Class Action

Woodsford’s Submission to the Parliamentary Joint Committee on Corporations and Financial Services in respect of its Inquiry into Litigation funding and the regulation of the class action industry in Australia

On Thursday 11th June, Woodsford delivered a considered response to the Australian Parliamentary Joint Committee on Corporations and Financial Services inquiry into Litigation funding and the regulation of the class action industry. You can read Woodsford's response here.

By |2020-06-15T15:44:15+00:00June 15th, 2020|Categories: Australia, Class Action, Third-Party Funding|Tags: , |

Woodsford, delighted to have helped achieve redress for shareholders in the class action against Vocus Group in Australia, disappointed that a Common Fund Order was not granted.

Woodsford, while pleased with the results of the class action against Vocus Group in the Australian courts and the return on its investment, is disappointed that Justice Moshinsky refused the application for a Common Fund Order (CFO). The Action, filed in April 2019, alleged that [...]

Woodsford funds Australia’s largest ever securities class action – against Westpac

Woodsford is pleased to be the funder behind the largest ever securities class action in Australia, recently filed by the law firm Phi Finney McDonald against Westpac Banking Corporation (Westpac) relating to its alleged breaches of anti-money laundering and counter-terrorism financing (AML/CTF) legislation. The class [...]

By |2019-12-18T12:22:40+00:00December 18th, 2019|Categories: Australia, Class Action|Tags: , , , |

The Future of class actions in the UK from a Funder’s perspective

Class action funding in the UK. In an interview with leading Dutch law firm Houthoff, Woodsford's CEO, Steven Friel, looks at what the future holds for class actions in the UK, from a funder's perspective. “In the UK, up until around 20 years ago, any [...]

Woodsford responds to the ALRC inquiry into class action proceedings and third party litigation funders

ALRC inquiry; earlier this year, the Australian Law Reform Commission published a Discussion Paper relating to its 'Inquiry into Class Action Proceedings and Third-Party Litigation Funders (DP 85)' and invited responses to the proposals, commentary, analysis and questions in the Discussion Paper. You can view [...]