Litigation Lending, Woodsford Litigation Funding, Vannin Capital and Investor Claim Partner have together pitched in $120,000 to support public interest litigation run by PIAC.
The Adverse Costs Order Guarantee Fund was established by PIAC last year to ensure public interest cases can go ahead in circumstances where the risk of an adverse costs order would discourage clients from proceeding with their case.
Under the scheme, clients will be indemnified so that they can go ahead with their cases without having to risk their assets or income.
‘We are very grateful to all of our partners for committing resources to the fund,’ said PIAC CEO, Jonathon Hunyor.
‘It’s great to see the development of a culture of support for social justice among litigation funders, and we congratulate our project partners on leading the way.’
Litigation Lending has committed $50,0000 to the fund, Woodsford has committed $30,000, and Vannin and Investor Claim Partner have each committed $20,000. PIAC anticipates further project partners will join the fund this year.
Public interest litigation to be considered by the fund will include human rights, discrimination and police accountability cases.
For more information about the fund contact Principal Solicitor Alexis Goodstone email@example.com.