Kia ora
Today Te Aka Matua o te Ture | Law Commission published its final report in its review of class actions and litigation funding, Ko ngā Hunga Take Whaipānga me ngā Pūtea Tautiringa | Class Actions and Litigation Funding.
The report makes 121 recommendations for reform of class actions and litigation funding. Key recommendations include:
- There should be a new statute called the Class Actions Act as the principal source of law on class actions.
- Additional court oversight is needed in class actions to ensure the interests of class members are protected, such as court approval of settlements.
- In funded class actions, a litigation funding agreement should only be enforceable by a funder if it has been approved by the court.
- A public class actions fund should be created which can provide funding for plaintiffs.
You can find out more about the review on our website: Class Actions and Litigation Funding | Law Commission
The Commission thanks everyone who made a submission or otherwise engaged with the review. The Government will now consider the Commission’s recommendations and decide whether to reform the law.
Ngā mihi
Te Aka Matua o te Ture | Law Commission
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