Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the “bottom end” rate could deter investments in public interest class actions.
The Commonwealth says funder LLS should not be allowed a 20 per cent cut of a stolen wages class action settlement of up to $202 million, arguing it could produce an âexcessive deductionâ.
A court has approved a settlement worth up to $202 million in a stolen wages class action against the government, but will hear further argument on the legal costs of the case.
Shine Lawyers wants to claim $24.5 million in legal costs in a stolen wages class action on behalf of Northern Territory First Nations people, a sum a judge called âeye wateringâ.