Klemweb Nominees Pty Ltd (as trustee for the Klemweb Superannuation Fund) v BHP Group Limited [2019] FCAFC 107 (21 June 2019) (Middleton, Beach and Lee JJ) - 13wentworthselbornechambers
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Klemweb Nominees Pty Ltd (as trustee for the Klemweb Superannuation Fund) v BHP Group Limited [2019] FCAFC 107 (21 June 2019) (Middleton, Beach and Lee JJ)


Catchwords:


REPRESENTATIVE PROCEEDINGS – leave to appeal – permanent stay of proceedings – three overlapping open securities class actions against the same respondent – substantially the same claim and substantially the same causes of action – applicable principles – primary judge stayed two of the three proceedings – comparability of common fund orders proposed – whether common fund order could indirectly incorporate a contingency fee – scope and relevance of prohibition in s 183 of Legal Profession Uniform Law – no win/no fee model – comparison between no win/no fee model and external funder model – leave to appeal granted – appeal partly allowed – consequential orders