Background In late December last year, the Parliamentary Joint Committee on Corporations and Financial Services (PJC) issued its report in the inquiry into ‘Litigation Funding and the Regulation of the Class Action Industry’ (Report). Previously, in August 2018, Norton Rose Fulbright Australia provided a submission to the inquiry.  Our submission focussed on several issues of concern, including the increased cost of D&O insurance and the impact on Australian businesses operating in an environment where there…