OZ suit freed up on rule changes

THE federal government will move to free up investors to sue companies, with Corporate Law Minister Chris Bowen announcing yesterday the government would move to legislate around last year’s Federal Court decision which saw some class action suits defined as managed investment schemes.

OZ suit freed up on rule changes OZ suit freed up on rule changes OZ suit freed up on rule changes OZ suit freed up on rule changes OZ suit freed up on rule changes

In October last year the full bench of the Federal Court ruled, in a case between Brookfield Multiplex and International Litigation Funding Partners, that litigation funder-backed class action suits

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