Litigation Funding news
-
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.
-
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.
-
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.
-
NewsHospital hit with costs penalty after wrongly alleging dishonesty
Defendants should not be given ‘free tilt’ at raising fundamental dishonesty accusations, judge rules.
-
NewsDebt soars at troubled class action firm Pogust Goodhead
PGMBM Law lost £91 million in 2023, overdue accounts reveal, but position 'consistent with expectations'.
-
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.
-
NewsPogust Goodhead applies to bale out as dieselgate lead
Firm tells court its application is ‘pragmatic’ following ‘certain management changes’ and staff departures.
-
NewsSRA to pay £27,000 over wrongful dishonesty charge
Tribunal rejects suggestion that SRA adjudicators acted independently of regulator.
-
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.
-
NewsLabour ‘planning to bring back employment tribunal fees’
TUC warns that reintroducing a charge would ’price many low-paid workers out of justice’.
-
NewsCall for consistency on unclaimed damages in collective actions
Access to Justice Foundation says there are no rules for unclaimed funds in settlement agreements.
-
NewsLegal aid lawyers spend quarter of day on unpaid work
Landmark research reveals hidden and non-chargeable cost of managing cases and contracts.
-
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’.
-
NewsFirm loses out on costs for ‘unreasonable conduct’
Failures relating to child arrangements order ’compromised the fairness of the litigation’.
-
NewsTribunal denies Proudman £350,000 costs over ‘doomed prosecution’
Barrister who called out ‘boy’s club’ attitude in the profession claimed she was ’improperly pursued’ by the Bar Standards Board.
-
NewsCosts order overturned over litigator's absent practising certificate
’The person conducting litigation must be authorised to do so, or fall within one of the exempt categories,’ rules Mr Justice Sheldon.
-
NewsCosts order for lawyer over 'abusive' conduct of tribunal claim
Employment judge orders lawyer pay £20,000 to Medway Council, finding it was ‘unreasonable’ for her to continue proceedings.
-
NewsDemand for answers as SSB Law clients have loan debts cancelled
Former clients say they had no idea they were signing up to high-interest loans.
-
NewsSolicitor facing £120,000 bill for Royal Albert Hall ticket price suit
Holders of rights to permanent seats in the Proms venue disputed their entitlements under a ticket return scheme.
-
NewsJudges slash Dieselgate costs after claim for 30 attending lawyers
Court also alarmed at claim for 84 partner hours for each 45-minute meeting.