An Australian Federal Court has ruled that litigation finance agreements do not fall under rules regulating managed investment schemes under the Corporations Act of 2001. Many litigation finance scholars are hailing the decision as a win for the industry.
Legal Finance SE Announces Plans to Fund Hundreds of Lawsuits Against Illegal Online Casinos
An Australian Federal Court has ruled that litigation finance agreements do not fall under rules regulating managed investment schemes under the Corporations Act of 2001. Many litigation finance scholars are hailing the decision as a win for the industry.