Litigation Funding news – Page 16
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Belsner: Lawyers await ‘costs case of the decade’ ruling
Belsner v CAM Legal Services Ltd will be heard in the Court of Appeal this week.
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Law Society mulls nuclear option on criminal legal aid
Chancery Lane may advise solicitors not to undertake defence work unless they get parity with bar.
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Government makes revised offer to end bar strike
Criminal Bar Association will ballot members on whether to accept new deal over legal aid funding - but is unimpressed with 'premature' Ministry of Justice press release.
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Court refuses assessment costs cap despite 'odd' initial bill
Defendants had argued that initial bill of £83,000 had been 'grossly exaggerated'.
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Labour conference: Society renews legal aid plea
Law Society vice-president Lubna Shuja says solicitors are the silent backbone of the justice system and economy.
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Labour pledges to introduce 'Hillsborough Law'
Solicitor who acted for families during the Hillsborough inquests says legislation would end 'David v Goliath' type battles.
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Kwarteng announces permanent stamp duty cut
Chancellor of the exchequer says measure will get the housing market moving again.
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Greene faces wait for SDT decision
Former Law Society president did not give ‘inaccurate [or] misleading’ evidence, SDT told.
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Firm loses costs bid after ‘benefitting’ from claimant’s unreasonable conduct
Offshore firm had tried to recover costs of defending misguided employment tribunal claim.
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Legal Aid Agency could be sued over duty solicitor omissions
Several firms losing out on work due to 'administrative' issues have instructed a prominent firm to challenge rejections.
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Demonstrations paused after 'constructive' meeting with Lewis
Meeting between bar chiefs and Brandon Lewis CBE MP could prove significant turning point in long-running action over legal aid funding.
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Listed funder posts 17% drop in pre-tax profits
Litigation Capital Management says market conditions leave it ‘exceptionally well placed for the year ahead’.
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News focus: EU to clamp down on booming litigation funding sector
The EU is clamping down on what it sees as the worst elements of litigation funding, but UK funders say that those pushing for more regulation have failed to understand how the market works.
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Firms must deduct 50% from damages to survive fixed costs extension
Costs expert predicts more disputes if firms need to make up shortfall from client damages.
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Duty solicitor scheme 'close to collapse', lord chancellor told
Practitioner group outlines solicitors' concerns in open letter to Brandon Lewis CBE MP.
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Court denies claimant chance to recover deductions made by PI firm
Judge finds that signed authority was given and fees claim was made too late.
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EU to impose regulation and fee caps on litigation funders
Funders accused of 'seeking profit maximisation at the expense of claimants'.
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Litigation funder likely to lose £5m after shock court defeat
Listed company revises profit expectations from other 280 ongoing cases.
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Criminal bar demonstrations cancelled - but strike continues
Public gatherings called off this week out of respect for Queen Elizabeth II as leader of the Criminal Bar Association prepares to meet new lord chancellor.
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New justice secretary agrees to meet criminal bar
Criminal Bar Association chief Kirsty Brimelow QC hopes 'introductory' meeting will pave the way for negotiations to open.