Third-party litigation funding has started to receive greater attention in the United States and the United Kingdom, but Hugh McLernon has no doubt about where it all began. “It started right here, right in this building,” says the co-founder and managing director of IMF (Australia) Ltd., meeting with a reporter in the company’s offices in Perth. “It started right where you’re sitting.”…. In [McLernon’s] view, the rules of the Australian game have instilled a discipline in IMF’s approach to funding cases that will enable it to thrive anywhere, whether in a more competitive, potentially more regulated Australia of the future or in the land of litigation excess, America.
‘Enforcement 40’ for 2020
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