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Class Action specialist, Stewart Levitt was quoted in an article published in Lawyers Weekly on 7 March 2016, as saying that if a party is seeking litigation funding for a class action against an influential Australian entity, there is often concern the adversary will put pressure on a local funder to agree to an unfair settlement.

“It’s for this reason that litigation funders based overseas are often sought for class actions against powerful or high-profile opponents. There’s a perception here that governments put pressure on lawyers and funders who act for consumers, or the banks do,” Mr Levitt said.

 

Levitt Robinson Solicitors recently sought out New York funder Galactic Litigation Partners LLC for a class action involving hundreds of sailors against the Royal Australian Navy.

 

Read the whole article by clicking the link below:
http://www.lawyersweekly.com.au/news/18101-class-actions-seek-overseas-funding-against-big-aussie-players?utm_source=lawyersweekly&utm_campaign=lawyersweekly_Bulletin07_03_2016&utm_medium=email