News
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Launch of the Inaugural CASL Fund
CASL has kicked the new calendar year off in style by commencing its inaugural capital raising for CASL Fund 1. Stuart Price, Chief Executive Officer of CASL said “The response from stakeholders both domestically and globally following the launch of CASL in late 2020 has been overwhelming and hugely supportive. This positive response quickly translated…
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Australian Financial Services Licence | Disallowance Motion
A disappointing, but not unexpected, result in the Senate last night. The disallowance motion, which was backed by Labor and the Greens, was defeated in a 32-32 vote after failing to win support from One Nation. CASL is pleased to have secured the second litigation funding scheme-specific AFS licence in Australia, and it is ready…
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CASL welcomes Pip Murphy to the team
CASL is delighted to announce experienced lawyer and funder, Pip Murphy has joined the team. Stuart Price, Chief Executive Officer of CASL said “To have someone with Pip’s background, skill and experience join the CASL team is testament to our vision and determination to succeed. Pip has built an enviable reputation in litigation funding, the…
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CASL granted an Australian Financial Services licence by ASIC
CASL Governance Ltd has today been granted an Australian Financial Services (AFS) Licence by ASIC. This AFS licence authorises CASL to provide financial product advice to wholesale and retail clients in relation to litigation funding schemes. In addition to providing financial product advice, this AFS licence authorises CASL to operate as a Responsible Entity, litigation…