Litigation Funding news – Page 52
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Australian funder pushes on with European expansion
IMF Bentham will acquire Omni Bridgeway, a Dutch litigation funder.
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Counsel fee not fixed for claim which left protocol
Court rules that costs officer was right to consider counsel’s advice fee as a disbursement.
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DJ wrong to recuse himself on barrister's fees
Solicitors also criticised for seeking opinion of retired district judge to help their case.
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High Court judge allows £786 hourly fees but calls for rate review
Judge says current guideline rates going back to 2010 are ‘not helpful’.
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Merricks v Mastercard: £14bn appeal to be heard by Supreme Court
Walter Merricks CBE has brought claim on behalf of 46 million Mastercard customers in case worth £14bn.
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Jackson: DBA regulation could be on the brink of change
Architect of the civil costs regime says he is ‘cautiously optimistic’ that the MoJ will accept proposed reforms.
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Mental health trusts spent £4m on representation at inquests
Foundation says Legal Aid Agency paid £117,968 to bereaved families of relatives in contact with mental health services.
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Zero interest: capped costs pilot flops
Scheme applies to cases valued up to £250,000 going through business and property courts. But as yet there are no takers.
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Solicitors facing hefty losses on Thomas Cook sickness claims
Claimants also face long wait to see if they will recover any compensation from liquidation.
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Proportionality costs boost for flight delay firms
Ruling could see end to district judges slashing costs without giving an explanation.
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CPS commits to annual review of bar fees
Chair of the Criminal Bar Association: ‘we have never had anything like this or approaching this before’.
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Litigation funder secures £92m investment in boost to sector
Augusta managing director says new funding is ‘strong endorsement’ of the industry.
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Parliament prorogation halts probate fees hike
Law Society says it will campaign against any attempt to reintroduce the 'tax on grief'.
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Campaigners hit £200k fundraising target to defend prorogation judgment
Boris Johnson is appealing decision of Scotland's highest court that his advice to the Queen was unlawful.
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New justice minister backs £10k small claims limit
Croydon South MP has been an outspoken critic of the personal injury sector for several years.
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HMRC escapes costs after defending appeal over ‘chaotic’ decision
Judge makes clear that a case with merits cannot be treated the same as a case which is obviously meritorious.
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Funder defies litigation market uncertainty with Vannin acquisition
Buy-out by New York investment manager follows Vannin's decision to abandon London Stock Exchange flotation.
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Watchstone ups legal spend to £6.6m fighting Slater and Gordon case
Trial over £637m acquisition of Quindell is now set to run for nine weeks in the High Court.
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Conveyancing regulator seeks to slash fees by 30%
Specialist regulator wants to dethrone the Solicitors Regulation Authority.
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Burford faces class action by investors
New York firm Rosen invites investors in litigation funder to join lawsuit.