“If you are bringing a representative proceeding … and it's a funded one, you ought to disclose the litigation funding agreement when you file the proceeding.”
NZ
New Zealand courts
On Just Terms ·
New Zealand courts · On Just Terms · On Just Terms S2 E13: Across the Tasman: New Zealand's class actions landscape with Bell Gully
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issue common fund orders at the outset of a funded representative proceeding
“If you are bringing a representative proceeding … and it's a funded one, you ought to disclose the litigation funding agreement when you file the proceeding.”
“What I'm not going to have in my fund is those names representing 50, 60, 70% of my portfolio”
“Building an emergency fund. Probably nine out of 10 people that I actually meet as clients don't have an adequate emergency fund. Six month emergency fund”
“I’ve purposefully reduced LP count: fund 1 60 LPs, fund 2 50, fund 3 22… keeping the fund small lets me stay flexible with checks and aligned with LPs.”
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