Litigation Funding news – Page 53
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Social mobility boost for aspiring solicitors
Law Society seeks to remove qualification hurdles for 10 students experiencing hardship.
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Other side’s costs bigger? Not relevant, says judge
Court reduces costs claimed by defendant lawyers - but not because they were larger than claimant’s.
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Burford governance change fails to impress critics
Litigation funder attacked for 'laughter-inducing' governance as it replaces its chief finance officer.
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Don't forget about criminal defence solicitors, PM told
Law Society highlights dangerous consequence of increasing resources solely for prosecutors.
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Solicitors not capped by pledge to honour original costs budget
Midlands firm had sought £400,000 in costs but former clients wanted to pay much less.
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Burford hires lawyers to pursue criminal probe into shares dive
Litigation funder alleges that it has been a victim of illegal market manipulation.
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Exclusive: SRA has £21.3m black hole in unrecovered costs
Regulator urged to rethink its prosecution policy and find a more proportionate alternative.
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Lawyers off the hook for client’s £1.9m malicious prosecution costs
Applicants said law firm should pay costs for claim in which it had a direct personal interest.
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Battered Burford shows signs of recovery after nightmare week
Share price starts to rise again after lengthy rebuttal to claims that the business is in trouble.
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‘We’ll buy our own shares’ - Burford bosses’ pledge fails to calm market
Litigation funding giant suffers another share price drop following damning market analysis.
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Businesses offered ‘no win, no fee’ deal on commercial disputes
A consortium of four firms will 'fully fund' litigation for claims where damages are below £5m.
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Burford share value plummets after stinging report from US researchers
Listed company says its cash position and access to liquidity is still strong.
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Lawyers tussle over costs in Russian oligarch dispute
The defendant claims to have racked up costs of £3.2m but the judge refused to make an interim costs order.
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Costs question looms over Russian fish tycoons' London litigation
The ‘substantial’ costs of the claim are being met by anonymous third parties, whose identity is closely guarded.
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MoJ accelerates work on 'pressing' criminal legal aid concerns
Evidence needed on issues such as unused material by end of September.
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Court slashes £25k costs for superfluous QC
Appeal judge comes down hard on party whose entire legal team arrived for costs hearing after family case.
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Claimants win crucial costs appeal on proportionality and reasonableness
Judges rule that comparing the value of a claim and the premium paid is not a measure of reasonableness.
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Eagerly-awaited costs ruling expected today from Court of Appeal
Issues of reasonableness and proportionality to come under the microscope in dual judgment.
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Doomed firm chased 3,000 clients for wasted costs
Administrator’s report reveals measure was dropped due to bad publicity - but restarted by costs recovery experts.
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Interim costs award sets ‘vitally important’ precedent for law firm cashflow
Judge says interim costs order should be made with a view to solicitors’ cashflow in long-lasting litigation.