|
FNH Group
Corporate & Personal Professional Services
|
|
|
|
Investment
Opportunities
Opportunities are
available for Investors - whether companies or individuals - to
partner with us in "once-off" litigations. The terms of each
partnership are settled in advance and typically involve providing
part of the funds required for a specific litigation in return for
a share of profits.
Litigation funding in
Australia is a growing industry, as attitudes to the concept of
litigation funding are changing in favour of the funders - the main
reason being that Litigation Funding increases access to justice
for parties who would not otherwise have it. Recent court decisions
in both Australia and the UK support this trend.
As
litigations progress, they can by their nature open the opportunity
to expand the potential claim through the involvement of third
parties, along Class Action lines. Class Actions have not been
widespread in Australia as a result of their complexity and
resultant cost. The availability of litigation funding allows
worthwhile claims to proceed.
In one
recent case (Fostif Pty Ltd v Campbells Cash & Carry Pty Ltd),
the Litigation Funder is now seeking to locate as many of the
potential plaintiffs it can in a representative proceeding against
tobacco wholesalers for invalid excise paid in 1997. The
defendants’ discovered documents allow them to locate more
plaintiffs to add. This is known to the court and has not drawn any
adverse judicial comment.
Litigation Funding can
yield significant returns.
Click here to submit your inquiry,
or call us
on (02) 9954 1455 for a confidential discussion.
|
|
|
|