The plaintiffs in a proposed consumer class action regarding alleged engine defects in Ford vehicles sought approval of a third-party litigation funding agreement with Woodsford.
The court found the agreement necessary to facilitate access to justice, noting the high costs of class proceedings and expert evidence.
The agreement provided Woodsford with a 10% return on recovery, which the court found reasonable and on par with the Class Proceedings Fund levy.
The motion was granted, and the funding agreement was approved.
