Australia

Brookfield Multiplex Ltd v International Litigation Funding Partners Pte Ltd

(2009) 180 FCR 11

JurisdictionAustralia

Year2009

Statusunclear

Key Principle

The FCA held that litigation funding agreements are not managed investment schemes under the Corporations Act; the funded litigation is the vehicle for recovery, and the funder provides a financial service.

Area of Law

procedure

Related Cases

Getswift Ltd v Webb (2021) 283 FCR 328; [2021] FCAFC 26

UBS AG v Tyne (2018) 265 CLR 77

Palmer v Ayres (2017) 259 CLR 478

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