In June 2018 we provided an overview of the Australian Law
Reform Commission's (ALRC) interim discussion
paper on class actions and litigation funders (available here).
The ALRC has now released its final report on 'Integrity,
Fairness and Efficiency—An Inquiry into Class Action
Proceedings and Third-Party Litigation Funders'.
The Inquiry focused on two overarching issues in the class
action regime being the integrity of third party funded class
actions and the efficacy of the existing class action system. The
recommendations of the ALRC are expressed to be directed at
promoting fairness and efficiency, protecting litigants and
assuring the integrity of the justice system. Critically the ALRC
has concluded, amongst other things, that: