A Federal Court judge has removed a funding arrangement that required shareholders in a class action against logistics tech company GetSwift to pay a portion of their possible winnings to a litigation funder.
The order followed a ruling by the High Court of Australia which left funding sources for shareholder class actions in limbo.
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Liz Main is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Liz on Twitter. Email Liz at liz.main@afr.com.au