"Litigation funder IMF Bentham managing director Andrew Saker confirmed they were investigating funding not only a consumer class action in Australia, but consumer and shareholder actions in Europe where it had bases.
IMF Bentham's portfolio of claims is worth over $2 billion and Mr Saker said the Australian listed company has both the resources to fund legal action and cop any potential adverse costs order if a case was lost.
We have started the process of working out the type and size of claims and whether there is commercial value and merit in pursuing it," Mr Saker said.
A scenario that involves a large number of small claimants and a very large defendant is exactly what the class actions regime and litigation funding is designed for, supporting acess to justice."
Read more: http://www.copyright link/business/...s-on-volkswagen-20151001-gjz3ix#ixzz3nMqgC9W6
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