Maurice Blackburn Lawyers
Maurice Blackburn Lawyers (‘MBL’) is an Australian law firm founded in 1919 by Maurice McCrae Blackburn. He was a distinguished lawyer and a member of State and Federal Parliaments. From the very beginning, the firm fought cases involving civil liberties, underprivileged groups and the rights of ordinary people. MBL’s belief in fighting for the rights of its clients continues to this day and is reflected in its cases and the principles by which it operates and its results. Maurice Blackburn employs 1,200 staff and is Australia’s premier class action law firm. Typically it pursues litigation for groups, individuals, shareholders and businesses who have suffered loss due to illegal corporate behaviour. This includes a price fixing class action in Australia against seven major international airlines namely Qantas, Lufthansa Cargo, Singapore Airlines, Cathay Pacific, Air New Zealand, JAL and British Airways in relation to the provision of international air freight services since 1 January 2000. This is the same worldwide cartel that led to the overcharging of European companies. MBL’s related company, Claims Funding Europe Ltd., is funding litigation on behalf of the European victims of this cartel.
Maurice Blackburn Lawyers has recovered in excess of $2 billion Australian dollars in damages on behalf of the victims of corporate misconduct. For more details please click here to visit the Maurice Blackburn web site.
Claims Funding International
Claims Funding International is a litigation funding company founded and incorporated in Ireland in 2008. The aim of the company is to identify, manage and resolve multi-party and other significant legal claims. Claims Funding International commenced the litigation against the perpetrators of the air cargo cartel in 2010.
In 2012, a new entity was formed called Claims Funding Europe Ltd. which has now taken over the supervision and funding of the Air Cargo case and is the nominated funder for any other European litigation.
Claims Funding International is still very much involved in litigation funding worldwide. It is currently funding two Canadian cases: The Trustees of the Labourer’s Pension Fund of Central and Eastern Canada v Sino Forest Corporation; and Ironworkers Ontario Pension Fund v Manulife Financial Corporation.
International Litigation Funding Partners
International Litigation Funding Partners is a Singaporean based funding company that works closely with Claims Funding Europe’s long term partner, Maurice Blackburn Lawyers. International Litigation Funding Partners is actively involved in litigation funding in Australia. Since its formation in 2006, the company has been involved in landmark class actions such as shareholder cases against NAB and the Multiplex case which were settled for $115 million and $110 million respectively.
International Litigation Funding Partners is currently involved in funding two Australian shareholder cases emerging from the global financial crisis against Allco Finance Group Ltd and Leighton Holdings.
Equilib Netherlands BV
Equilib Netherlands BV is a Dutch incorporated company and a subsidiary of Claims Funding Europe Ltd. Equilib Netherlands BV is a special purpose vehicle company to which victims of the air cargo cartel assign their rights.
The advantage for assignors is that they do not need to become parties to the litigation which has many benefits. These benefits include not having to reveal their participation publicly, no liability for any adverse costs orders, and no involvement in any formal discovery process.
Currently, Equilib Netherlands BV is the claimant in the air cargo cartel proceedings commenced on 30th September 2010 before the District Court of Amsterdam. The litigation is funded and supervised by Claims Funding Europe.
BarentsKrans is a highly regarded Dutch law firm located in The Hague and with particular expertise in multi-party anti-trust and securities litigation. The team of nearly 70 lawyers is known for high-quality service and has extensive experience working for international clients. BarentsKrans’ litigators have been repeatedly involved in cases leading to landmark decisions and are used to working as part of teams in the context of multi-jurisdictional litigation. For more information about BarentsKrans, click here.
In 2010, BarentsKrans was engaged to run the groundbreaking pan European air cargo cartel litigation on behalf of European victims through the courts of the Netherlands. The legal team includes William Schonewille, Martijn van Maanen, Joost Fanoy and Tim Raats. To see their complete profiles, click here.