Litigation Funding news
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NewsFunder penalised for failed challenge to Mastercard settlement
CAT orders Innsworth to pay extra legal costs incurred by class representative Walter Merricks.
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NewsFirm fails in counterclaim against RTA client after negligence case dismissed
It is not sufficient for solicitors to plead simply that they were misled, says judge turning down appeal over dismissal of counterclaim.
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NewsSociety concerned by tight deadline for fixed costs consultation
Civil Procedure Rule Committee invites feedback for interim implementation stocktake of fixed recoverable costs.
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NewsFunders must wait for PACCAR solution - Sackman
Any legislation to deal with litigation funding uncertainty will not be retrospective in effect, minister suggests.
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NewsScrapping class actions would fuel anti-competitive behaviour, bar warns
Barristers’ representative body responds to government call for evidence on opt-out collective actions.
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NewsCall to tackle 'aggressive' costs strategies in class actions
Defendants have a 'perverse incentive' to rack up costs, class representatives tell government.
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News‘Gross exaggeration’: Court slashes firm's costs after 'inexplicable' error
Firm accepted costs were too high but explained this as an ‘inadvertent oversight’.
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NewsSupreme Court dismisses appeal over costs order currency in multi-billion-dollar arbitration case
‘No reason to award costs in this case other than in sterling,’ five justices agree.
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NewsIn depth: Litigation funders tap private credit market
As more traditional investment sources dry up, litigation funders are seeking to tap the private credit market. But the industry will have to adapt if such capital flows are to endure.
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NewsSC slams door on defendant bid to appeal key ruling for class actions
Highest court refuses Apple permission to appeal decision that funder's fee can be paid before damages distributed to class members.
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NewsHospital hit with costs penalty after wrongly alleging dishonesty
Defendants should not be given ‘free tilt’ at raising fundamental dishonesty accusations, judge rules.
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NewsDebt soars at troubled class action firm Pogust Goodhead
PGMBM Law lost £91 million in 2023, overdue accounts reveal, but position 'consistent with expectations'.
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NewsBarrister wins £9,000 uplift in murder appeal fee
Senior costs judge finds KC’s ‘reasonable renumeration’ is £9,000 more than that decided by determining officer.
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NewsPogust Goodhead applies to bale out as dieselgate lead
Firm tells court its application is ‘pragmatic’ following ‘certain management changes’ and staff departures.
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NewsSRA to pay £27,000 over wrongful dishonesty charge
Tribunal rejects suggestion that SRA adjudicators acted independently of regulator.
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NewsThousands of workers who won at Employment Tribunal yet to see a penny
Investigation finds that nearly £36m out of £46m in ET awards over the past decade remains unpaid.
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NewsLabour ‘planning to bring back employment tribunal fees’
TUC warns that reintroducing a charge would ’price many low-paid workers out of justice’.
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NewsCall for consistency on unclaimed damages in collective actions
Access to Justice Foundation says there are no rules for unclaimed funds in settlement agreements.
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NewsLegal aid lawyers spend quarter of day on unpaid work
Landmark research reveals hidden and non-chargeable cost of managing cases and contracts.
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NewsLandmark ruling clarifies scope of damages-based agreements
Firm loses out on £1.6m in fees as victorious litigant declares that ‘solicitors should not have too much skin in the game’.