Legal & Regulatory

Legal

Complaints Policy

CASL has an established complaints handling process and is committed to properly considering and resolving all complaints. If you have a complaint, please contact us on:

Phone:             +61 1800 26 26 00
Post:                CASL Governance Ltd
Attention:      Complaints Officer
Level 13, 115 Pitt Street
Sydney NSW 2000
Email:             enquiries@casl.com.au

If you are not satisfied with our response to your complaint, you may be able to lodge a complaint with the Australian Financial Complaints Authority (AFCA).

AFCA is a specialist in dispute resolution and provides fair and independent financial services complaint resolution that is free to consumers.

AFCA’s contact details are:
Website:           www.afca.org.au
Phone:             1800 931 678 (free call)
Email:               info@afca.org.au
Post:                 GPO Box 3, Melbourne VIC 3001

AFCA is established to assist you in resolving your complaint where you have been unable to do so with us. However, we want to do everything we can to resolve your complaint, so it’s important that you contact us first, as outlined above, to permit an opportunity to resolve the complaint without needing to revert to the external dispute resolution process.

A copy of CASL’s full Complaints Handling Policy and Procedure is found here.

Conflicts Policy
Privacy Policy
Whistleblower Policy

Regulatory

Scheme Annual Financial Statements

Please find annual financial statements for registered litigation funding schemes CASL Governance Limited acts as Responsible Entity for.

Merivale Litigation Funding Scheme – FY21 (ARSN 649 312 569)

Please note, there is likely to be no material information contained in annual financial statements unless and until a Funded Claim is successful (Scheme Assets are expected to be minimal unless a Funded Claim is successful).

Scheme Target Market Determinations
Scheme Product Disclosure Statements - non material information changes

Dixon Advisory Litigation Funding Scheme (ARSN 654 170 411):

Notice of update to the Product Disclosure Statement issued 29 October 2021 (PDS): The Responsible Entity now relies on the general exemptions provided by section 247(3) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and section 21.3(5) of the Anti-Money Laundering and Counter Terrorism Financing Rules Instrument 2007 (No.1), rather than the exemption granted by AUSTRAC that is referenced in section 65 of the PDS.

Hollard BII Litigation Funding Scheme (ARSN 653 978 119):

Notice of update to Product Disclosure Statement issued 4 October 2021 (PDS) – the Responsible Entity now relies on the general exemptions provided by section 247(3) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and section 21.3(5) of the Anti-Money Laundering and Counter Terrorism Financing Rules Instrument 2007 (No.1), rather than the exemption granted by AUSTRAC that is referenced in section 64 of the PDS.

IAL BII Litigation Funding Scheme (ARSN 652 537 678):

Notice of update to Product Disclosure Statement issued 26 August 2021 (PDS) – the Responsible Entity now relies on the general exemptions provided by section 247(3) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and section 21.3(5) of the Anti-Money Laundering and Counter Terrorism Financing Rules Instrument 2007 (No.1), rather than the exemption granted by AUSTRAC that is referenced in section 64 of the PDS.

McDonalds Litigation Funding Scheme (ARSN 655 378 082):

1. Effective 27 November 2021:

Notice of update to Product Disclosure Statement (PDS) – a non-material change was made to the PDS on 27 November 2021, being a change to the name of McDonald’s Scheme website.

2. Effective 13 April 2022:

Notice of update to PDS – Court House Capital Management Ltd, the Manager for the Scheme, was granted AFSL No. 531406 on 12 April 2022.  Effective from 12 April 2022 Court House Capital Management Ltd is no longer an Authorised Representative of CASL Governance Ltd.

CHC Investment Fund II Pty Ltd, the Funder for the Scheme, was appointed as Authorised Representative of Court House Capital Management Ltd on 12 April 2022 (Authorised Representative No. 001293967).  Effective from 13 April 2022 CHC Investment Fund II Pty Ltd is no longer an Authorised Representative of CASL Governance Ltd.

Therefore, from 13 April 2022, for the provision of financial services to the Scheme, the Manager is now authorised by AFSL No. 531406 and the Funder is now authorised as an Authorised Representative (No. 001293967) of the Manager.  References to the Manager and Funder authorisations in the PDS are taken to be updated to reflect this.

Merivale Litigation Funding Scheme (ARSN 649 312 569):

Notice of update to Product Disclosure Statement originally issued 12 May 2021 (PDS) – the Responsible Entity now relies on the general exemptions provided by section 247(3) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and section 21.3(5) of the Anti-Money Laundering and Counter Terrorism Financing Rules Instrument 2007 (No.1), rather than the exemption granted by AUSTRAC that is referenced in section 65 of the PDS.

Mesoblast Litigation Funding Scheme (ARSN 654 319 810):

1. Effective 23 December 2021:

Notice of update to Product Disclosure Statement (PDS) issued 19 November 2021 – Since the PDS was issued, the Relevant Period has been updated; where section 4 of the PDS refers to a period commencing on 23 February 2018, the Lawyer and Funder now agree the Relevant Period will commence on 22 February 2018 (i.e. one day earlier).

2. Effective 4 May 2022:

Further notice of update to PDS issued 19 November 2021 – Since the PDS and above notice were issued, there has been a further update to the Relevant Period. Where section 4 of the PDS refers to a period ending on 10 August 2020, the Lawyer and Funder now agree that the Relevant Period will end on 17 December 2020.

Tyro Litigation Funding Scheme (ARSN 652 674 505):

1. Effective 8 October 2021:

Notice of update to Product Disclosure Statement  (PDS) – the Responsible Entity now relies on the general exemptions provided by section 247(3) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and section 21.3(5) of the Anti-Money Laundering and Counter Terrorism Financing Rules Instrument 2007 (No.1), rather than the exemption granted by AUSTRAC that is referenced in section 66 of the PDS.

2. Effectuve 13 April 2022:

Further notice of update issued 8 October 2021 – Court House Capital Management Ltd, the Manager for the Scheme, was granted AFSL No. 531406 on 12 April 2022. Effective from 12 April 2022, Court House Capital Management Ltd is no longer an Authorised Representative of CASL Governance Ltd.

CHC Investment Fund Pty Ltd, the Funder for the Scheme, was appointed as Authorised Representative of Court House Capital Management Ltd on 12 April 2022 (Authorised Representative No. 001292133).  Effective from 13 April 2022, CHC Investment Fund Pty Ltd is no longer an Authorised Representative of CASL Governance Ltd.

Therefore, from 13 April 2022, for the provision of financial services to the Scheme, the Manager is now authorised by AFSL No. 531406 and the Funder is now authorised as an Authorised Representative (No. 001292133) of the Manager.  References to the Manager and Funder authorisations in the PDS are taken to be updated to reflect this.