News
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Australians back class actions to level the legal playing field and hold big business and Government to account
The Association of Litigation Funders of Australia (AALF) have today issued a media release and YouGov White Paper. In the first poll of its type in Australia, the YouGov survey has shown Australians overwhelmingly support class actions and litigation funding as a way to improve access to justice and hold big business and Governments to
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CASL Fund 2 Capital Raising Launched
CASL has commenced capital raising for CASL Fund 2 and is seeking commitments of up to $150m from sophisticated investors for new cases. $30m in investor pre-commitments have already been received demonstrating the appetite from investors. CASL Fund 1 secured in July 2022, $156m of committed investment capital from institutional and sophisticated investors. This inaugural
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CASL signs up to the Equitable Briefing Policy
On International Women’s Day 2023, Australian litigation funder CASL has formally signed up to the Equitable Briefing Policy of the Law Council of Australia. With a team of predominantly women who are considered the best in their field, CASL supports this important initiative which is intended to drive cultural change within the legal profession, support
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CASL raises $155 million in its inaugural capital raise
Australian litigation funder CASL, has secured $155m in investment capital in its inaugural capital raising, with significant global institutional support. CASL was established in late-2020 by John Walker and Stuart Price to create an Australian focused litigation funder with the scale and financial resources to service, support and grow the local litigation finance market. Stuart
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CASL proudly supports PIAC
CASL is proud to partner with the Public Interest Advocacy Centre (PIAC) in supporting its Adverse Costs Order (ACO) Guarantee Scheme for FY22. PIAC is an independent, non-profit law and policy organisation dedicated to obtaining social justice for disadvantaged individuals, and at the broader, systemic level. PIAC also runs test cases and strategic litigation in
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CASL Welcomes Kim May
CASL is delighted to announce Kim May has joined its team as a Senior Investment Manager. Stuart Price, Chief Executive Officer of CASL said “Kim is one of the most experienced litigation funders in Australia, and has a wealth of experience which is second to none. As one of her career highlights, Kim managed the
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CASL Welcomes Lisa Brentnall
CASL is delighted to announce one of the most experienced litigation funders in Australia, Lisa Brentnall, has joined the team. Stuart Price, Chief Executive Officer of CASL said “Lisa has over 15 years of experience in litigation funding which is rare and valuable. Her experience in originating, managing and resolving litigation funded cases has cemented
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CASL Welcomes Siobhan Moore
CASL is delighted to announce experienced lawyer and funder, Siobhan Moore has joined the team. Stuart Price, Chief Executive Officer of CASL said “Siobhan’s experience working for a major insurer as their Senior Risk Adjustor gives her a unique insight into the commercial and legal factors in litigation from the perspective of a defendant. Combined
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CASL Welcomes Manit Oberoi
CASL is delighted to announce experienced lawyer and funder, Manit Oberoi has joined the team. Stuart Price, Chief Executive Officer of CASL said “Manit brings an extensive knowledge and blend of experience as a legal practitioner, insolvency and restructuring analyst and litigation funder . Having worked with Manit previously, I am certain our team and
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CASL joins the Association of Litigation Funders of Australia
CASL announces it has joined the Association of Litigation Funders of Australia (ALFA) as its newest member. Stuart Price, Chief Executive Officer of CASL said “It is vital the litigation funding industry and more importantly those that need support from the litigation funding industry to access the legal system, has a strong unified voice to governments, legislators,