Mr. Dave Coleman:

Dr. Blennerhassett referred to the English experience where they have invented that wheel. We could borrow a lot from their common law system, ours being the same, and use what they have achieved. Its group litigation order system works and allows for third party funding. I would prefer to see our own system established here for multiparty actions, but we can hinge off on the third party funding.

To show the value of third party funding, last week some £300 million of private funding was raised in England for two cases that have been taken in the English jurisdiction. One is against truck manufacturers for rigging the price of trucks. It will have European applicability although it will be fully funded and fought in England. There are so many companies resident in this jurisdiction for their own reasons and the proper jurisdiction is where they reside. They claim residence here. Therefore, a lot more litigation could be taken here and, as in Hong Kong, London and other jurisdictions, a lot of growth in the economy as a result. It is not a negative thing.