Slater and Gordon Class Order

Hi,

Do you see any problem with a SMSF registering for the Slater and Gordon Class Order with Maurice Blackburn lawyers?

Am I correct that my SMSF would only be liable to Maurice Blackburn if the Class Order was successful?

 

A: I am not a lawyer but instinctively, can’t see any problems for registering for a class action.

I assume that it is a “no win, no fee” basis, and that the lawyers’ fees are deducted before any payment to the participants.

You may want to check that your SMSF Trust Deed doesn’t prohibit the fund commencing legal action.


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