Litigation Funding news
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Insurers hail ruling that credit hire company was the 'real instigator' of claim
Judge finds that credit hire organisation should be on the hook in unsuccessful claims.
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Speed up means test reforms, new government urged
Updated research suggests people living significantly below Minimum Income Standard will have to contribute towards legal costs.
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King's speech: Litigation funders left in limbo
Funders craving assurances since PACCAR ruling are left disappointed as Labour government overlooks sector in initial legislative programme.
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CLC ramps up 'polluter pays' model for ombudsman costs
Chief executive says firms with disproportionate number of complaints should pay more in levy contributions.
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Firm fined £10,700 for over-charging from damages
Firm charged 35% on at least 26 client files when DBA regulations limit deductions to 25%.
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Legal fees add up to £43m in Nigeria arbitration appeal
Court of Appeal granted Process & Industrial Developments Limited permission to appeal High Court ruling - but dismisses it in a short judgment.
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‘Absurd’ £208m claimant costs budget slashed by three quarters
Judges attack ‘eye-watering’ budget in runup to £6bn 'dieselgate' group claim.
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Freezing order over bitcoin libel claim ‘founded on a lie’
Defamation claim 'should never have been threatened, commenced or pursued', judge rules.
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Family legal aid data prompts fresh mediation warning
Solicitor says not all firms are aware of new rules enabling judges to impose costs orders on parties who shun ADR.
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Unpaid litigation funder succeeds in intervention but loses out on remedies
Husband and wife choose not to pursue financial remedy proceedings and there is ‘precious little’ funder, which is now pursing a civil claim, can do.
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Costs judge 'baffled' why retainer disputes still going to court
Court was asked to rule whether 26 disputes invoices should be subject to detailed assessment.
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SRA revises fines regime in anticipation of unlimited powers
Two new bands for serious misconduct will make financial penalties framework 'fit for purpose'.
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Law Society calls on SRA to evidence huge rise in compensation fund levy
Individual contributions will jump by £60 while £660 levy on firms will rise to £2,220 under SRA proposals.
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SRA liable for £189,000 costs after ignoring its own AML guidance
Tribunal rebuffs regulator's attempt to penalise international firm Dentons after unsuccessful prosecution.
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Court throws out challenge to 60% damages deduction
High Court dismisses ex-client’s appeal and says costs agreement was binding.
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Firm showed a ‘lackadaisical’ approach to breach of contract
County court judge ponders wasted costs order but says firm's behaviour was not improper.
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£715m costs battle in warm-up to 'Dieselgate' claim
Three-day costs management hearing will alone run up legal bill of £3.65m.
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Solicitor LiP hit with £11,000 costs bill in possession claim
Conduct 'sufficiently far out of the norm and unreasonable' to make indemnity costs order appropriate.
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Duncan Lewis takes government to court over legal aid fees
National firm says thousands of vulnerable individuals are eligible for legal aid but struggling to find a lawyer to represent them.
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Court orders costs budget in £10m injured child claim
Master expresses 'real apprehension' about the way that costs have escalated in RTA case.