‘Collective actions in the Competition Appeal Tribunal (the “CAT”) have been beset by challenges to funding agreements on the grounds that: (i) it is impermissible for funders (and lawyers) to be paid from aggregate damages before distribution to the class; and (ii) by agreeing to funding agreements (“LFAs”) that provide for payment to funders before the class, the Proposed Class Representative is not acting in the interests of the class.’
4 New Square, 17th April 2025
Source: www.4newsquare.com
