Litigation Funding news – Page 16
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NewsLawyers plead for last-ditch postponement of fixed costs extension
Costs experts say the rules are not ready and cannot be implemented next month.
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NewsLitigation funder reveals massive payoff from $16bn case
New York court added that funder’s involvement added no extra costs to the claim.
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NewsCosts recovery claims ‘could explode’ after FRC extension
Clients predicted to bring claims against solicitors who charge costs shortfall to them.
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NewsSolicitor loses costs battle with widow after ‘hostile’ litigation
Solicitor had pursued action against executor of will, urging her to step aside.
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NewsFirms expect shrinking profit margins - but remain optimistic
Author of NatWest benchmarking report says small to medium sized practices will have to work hard to keep profits up.
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NewsSRA hit with £75,000 costs bill for 'speculative' prosecution
Tribunal penalises regulator for 'inordinate delay' and damage to solicitor's reputation.
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NewsCardiff non-profit secures lottery cash for Court of Protection help
Qualia Law says families of children who lack mental capacity face burdensome process to access child trust funds.
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NewsCosts judge condemns ‘all over the place’ mesh claims
Time claimed for drafting letter of claim slashed from 62 hours to 15 by costs court.
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NewsSlater and Gordon secures £33m loan to fund growth
Litigation funder Harbour will ensure firm has access to capital for several years.
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NewsFixed costs: firm will ‘manage client expectations’
Hudgells chief predicts that practices will exit the personal injury market after October.
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NewsCounty court freezes disbarred barrister's assets
Housing association applied for order to support claim against tenant's McKenzie friend.
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NewsRelief for claimant firms as appeal judges block costs challenge
Permission refused to appeal Menzies v Oakwood Solicitors in Supreme Court.
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NewsAdministrators confirmed for collapsed law firm funder
All options being explored including a call on firms that have debts with VFS Legal.
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NewsMoJ considers rethink after legal threat over fixed costs rules
Concerns over inclusion of clinical negligence claims prompted letter before action.
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News'Shockwaves' as Supreme Court rules litigation funding deals unenforceable
Agreements fall within statutory definition of DBAs, court rules as it allows appeal in truck cartel case.
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NewsLegal lender with £39m debt pile files for administration
Firms relying on VFS Legal for funding face scramble to source alternative finance.
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NewsRuling opens way to challenge as fixed costs loom
Court of Appeal decision on interpreter costs could enable lawyers to argue on the basis of access to justice.
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NewsSharp rise in SRA spending on disciplinary processes
Regulator also investigating solicitor conduct in dozens of bulk compensation claims.
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NewsJudge lambasts City firm over costs bill
Budget was left to the last minute, the IT systems were inoperable and the relevant people were not available.
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NewsHigh Court directs UCL students to resolve their claim out of court
Master Fontaine stays proceedings for eight months and encourages parties to find less costly solution.