‘A litigation funder that took assignment of an inventor’s claim that his idea was ripped off by early stage investors has been awarded £2.15m in damages by the High Court.’
Legal Futures, 5th March 2025
Source: www.legalfutures.co.uk
‘Litigation funding supports the public interest and access to justice but will remain niche in aiding consumers, according to major research which identified 44 cases in the last five years.’
Legal Futures, 23rd May 2024
Source: www.legalfutures.co.uk
‘There is “reasonable cause to suspect” that the funder of the claimant in a $1.3bn action was controlled by sanctioned Russians, the High Court has ruled.’
Legal Futures, 14th May 2024
Source: www.legalfutures.co.uk
‘The government is still considering concerns expressed about the retrospective effect of the bill to overturn last year’s Supreme Court ruling in PACCAR, a minister said yesterday.’
Legal Futures, 30th April 2024
Source: www.legalfutures.co.uk
‘The Competition Appeal Tribunal (CAT) has granted permission for another rewritten litigation funding agreement (LFA) to go before the Court of Appeal.’
Legal Futures, 12th March 2024
Source: www.legalfutures.co.uk
‘The Court of Appeal is set to rule on whether a litigation funding agreement (LFA) that was amended to take account of the Supreme Court ruling in PACCAR is valid.’
Legal Futures, 23rd January 2024
Source: www.legalfutures.co.uk
‘The Court of Appeal has held that the severance of terms rendering a CFA unenforceable was not available to solicitors on public policy grounds and that consequently their clients were entitled to the return of sums paid on account. The decision in Diag Human v Volterra Fietta will ring alarm bells for litigation funders who might be contemplating launching similar arguments as a consequence of the Supreme Court’s decision in R (on the application of PACCAR) v Competition Appeal Tribunal.’
Gatehouse Chambers, 10th October 2023
Source: gatehouselaw.co.uk
‘The English and Welsh Court of Appeal has handed down a judgment which should act as a reminder for law firms that any innovative funding arrangements must comply with statutory rules or risk being declared void.’
OUT-LAW.com, 25th March 2022
Source: www.pinsentmasons.com
‘A London commercial firm will ask the Supreme Court to develop the common law of champerty after an appeal over the assignment of its now-deceased client’s claim was dismissed.’
Law Society's Gazette, 17th March 2022
Source: www.lawgazette.co.uk
‘The public policy behind the ban on a solicitor taking an assignment of their client’s cause of action prior to judgment holds good in the era of damages-based agreements (DBAs), the Court of Appeal has ruled.’
Legal futures, 14th March 2022
Source: www.legalfutures.co.uk
‘A London law firm has lost an appeal over the assignment of a now-deceased client’s claim to his solicitors, with the Court of Appeal confirming that “a solicitor acting for a client in legal proceedings may not validly take an assignment of the client’s cause of action prior to judgment.” ’
Law Society's Gazette, 14th March 2022
Source: www.lawgazette.co.uk
‘A High Court judge has rejected an application by a law firm to substitute itself for a deceased claimant, on the grounds that it would be a form of champerty.’
Legal Futures, 20th July 2021
Source: www.legalfutures.co.uk
‘The High Court has refused an application from a London firm to be substituted for their deceased client in a £1.5m litigation claim.’
Law Society's Gazette, 20th July 2021
Source: www.lawgazette.co.uk
‘The ban on conditional fee agreements (CFAs) in family cases should not be read across to third-party litigation funding, the High Court has ruled.’
Litigation Futures, 22nd July 2020
Source: www.litigationfutures.com
‘It is proving to be a very modern divorce. Armies of lawyers and advisers; hundreds of millions of pounds at stake; priceless art; a superyacht; a key lieutenant switching sides; the son dragged into the proceedings by his mother. No wonder some involved have likened it to The War of the Roses, the dark Hollywood comedy about a feuding couple starring Kathleen Turner and Michael Douglas.’
The Guardian, 10th May 2020
Source: www.theguardian.com
‘The High Court has struck out claims brought against a City law firm that a litigation funder said did not pass on the “pessimistic views” expressed by counsel about a case it was backing.’
Litigation Futures, 5th March 2020
Source: www.litigationfutures.com
‘The Court of Appeal has ruled that a litigation funder can be exposed to higher costs than those they committed to backing a claim in a ruling that will send shock-waves through the sector.’
Law Society's Gazette, 26th February 2020
Source: www.lawgazette.co.uk
‘A High Court ruling refusing to set aside £4.3m judgment in default in a suppressed sales case shows the strength of the litigation funding model used by Manolete Partners, it has been argued.’
Litigation Futures, 5th December 2019
Source: www.litigationfutures.com
‘The market of clients using litigation finance through choice rather than necessity – especially companies looking to offload their liability for portfolios of cases – remains “almost entirely unaddressed”, an AIM-listed funder has told investors.’
Litigation Futures, 28th November 2019
Source: www.litigationfutures.com
‘Third party litigation funding is a growing industry in England and Wales, although the market remains largely unregulated.’
OUT-LAW.com, 19th July 2018
Source: www.out-law.com
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