Amazon Faces $1 Billion UK Class-Action Lawsuit Over Use of ‘Secretive’ Algorithm October 21, 2022 By Katharine Gemmell Amazon.com Inc. faces a UK class-action lawsuit over claims the tech giant uses a “secretive” algorithm to abuse its dominant...
Litigation Funders Are Fueling a Rise in UK Class Actions August 10, 2022 By Katharine Gemmell Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of...
Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge May 28, 2021 By Paulina Duran SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for...
Australia Clamps Down on Litigation Funders Following Surge in Class Action Lawsuits May 22, 2020 The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in...
Businesses Call for Controls on Litigation Funding Firms October 26, 2012 By Nate Raymond A business lobby group has called on the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing...