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ARTICLE · 21 NOVEMBER 2022

Australian Class Actions Update: Class Actions To Remain A Material Risk

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Many class actions in Australia are backed by third-party litigation funders.

AustraliaLitigation, Mediation & Arbitration

This edition of the Update covers two material developments in relation to class action risk in Australia:

  • Recent legislative and regulatory developments, including the Federal Government's draft regulations to deregulate litigation funding in class actions and the Civil Procedure (Representative Proceedings) Bill 2021, which introduces a State-based class action regime in Western Australia.
  • Recent developments in class action litigation, including the decision of the Full Court of the Federal Court of Australia on the enforceability of class action waiver clauses in standard consumer contracts in Australia.

KEY LEGAL AND REGULATORY DEVELOPMENTS

Litigation Funding

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