SHJ 0.00% 80.5¢ shine justice ltd

Ann: Notification of cessation of securities - SHJ, page-20

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  1. 2 Posts.
    Entitlement to interest on disbursements is recognised as a basic recoverable for plaintiff lawyers who take on the risk and fund cases. Entitlement to interest on any funding is standard commercial practice. If Lee doesn't allow this, it would be overturning industry wide practice with massive ramifications. The shine claimants would have fared no better if the disbursements were funded by a commercial third party funder. Probably worse. It's a question of reasonability. My bet is that shine will be entitled to the majority of the interest.
 
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