Litigation Funding news – Page 38
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CFA costs payable as part of maintenance award, CoA rules
Court agrees success fee in inheritance case can be classed as a debt.
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Burford earmarks $100m for cases led by diverse lawyers
‘Vanishingly few’ commercial disputes led by women or ‘racially diverse’ lawyers, says funder.
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Court throws out wasted costs order bid against Baker McKenzie
Firm denied allegations of improper, unreasonable or negligent conduct in representing a losing party.
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Despondent defendants say Supreme Court costs ruling is ‘alarming’
Calls for civil procedure rule committee to intervene after judgment on costs set-off.
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Irwin Mitchell fined £9,000 for switching clients to CFAs
Regulator says firm did not ensure clients were in position to make informed decision in 2013.
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PI firms ‘saved from ruin’ by vital Supreme Court costs ruling
Judges rule that defendant cannot set off its costs against the claimant costs under QOCS scheme.
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Claimant sector braced for Adelekun costs verdict from Supreme Court
Judges will decide whether defendant costs should be set off against claimant’s damages.
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Levelling up: justice has a key role, government told
Representative bodies highlight importance of legal services sector at Conservative conference.
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Australia announces new cap on returns for litigation funders
Attorney general says legislation can protect claimants in class actions and prevent funders overcharging.
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Clients committed for contempt after non-payment of £1.2m costs bill
Judge finds that defendants sought to 'disrupt, frustrate and protract' proceedings through non disclosure.
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Clinical negligence reforms imminent as Hunt lambasts ‘obscene’ costs
The government restates its pledge to consult on an overhaul of the system.
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City firm secures £50m war chest to fund litigation
Agreement with litigation funder promises to offset potential risk to clients.
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'Shattered' legal aid practitioners not claiming new fee
Remuneration introduced last year for time spent considering unused material.
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Treasury 'could save £4bn next year' supporting free legal advice
Detailed economic research published ahead of autumn spending review.
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Court rules claimant was exaggerating but not fundamentally dishonest
Judge rejects that exaggeration was ‘conscious’ and upholds damages and costs award.
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Court rejects Slater and Gordon bid to end costs recovery cases
Judge also orders standard disclosure in major victory for lawyers trying to claw back costs.
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News focus: Plans to extend fixed costs are 'fraught with danger'
Fixed recoverable costs are being expanded – and despite opposition from lawyers who accuse the government of ‘shoe-horning’ cases into a simpler system, the government appears unlikely to budge.
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Court denies relief from sanctions after nine-year delay in application
Claimant had said he could not find a lawyer willing to take on his case during hiatus.
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Mishcon sets up £150m litigation arm
City firm has teamed up with Harbour Litigation Funding to 'meet the developing needs' of its client base.
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Fixed costs extension helps those with deeper pockets - Law Society
Data used to justify announcement 'both out of date and drawn from too narrow a pool of cases', says president.