ABUSE OF PROCESS – Principles to be applied – Relevance of Civil Procedure Act 2010 (Vic) principles – Reasonableness of degree of control by litigation funder considered. LIQUIDATORS – Policy of encouraging creditors to fund litigation by liquidator discussed– Whether liquidator required to obtain court approval for litigation funding agreement under s 477(2B) of the Corporations Act 2001 (Cth). PRACTICE AND PROCEDURE – Appeal from Associate Judge – Whether appellants established errors in approach – Orders set aside.
