Litigation Funding news – Page 58
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NewsCourt caps appeal costs to keep 'some semblance of reasonableness'
Judge says it was ‘deeply alarming’ to discover that appellant planned to spend £1.24m on a day and a half in court.
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NewsInsurer on the hook for costs in negligence claim over Italy development
Sitting in the High Court, Mr Justice Foskett exercised the court’s discretion to award non-party costs in ‘exceptional circumstances’.
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NewsCourt relaxes costs rule for PI claim heading towards multi-track
Judge says parties had signed consent order that would result in costs assessed on standard basis.
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NewsMoJ reveals fixed cost levels for two-year pilot
Scheme will operate in selected business and property courts for cases valued up to £250,000.
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NewsBoost for litigators as court approves 78% costs budget rise
Disclosure of a ’scale and complexity’ that could not reasonably have been envisaged, finds Master Davison.
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NewsA new funder and £1.2bn for an old one - litigation finance awash with cash
Research finds the main problem for funders is choosing the most profitable legal cases to back.
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Litigation funder Manolete hails growing caseload as profits climb
Litigation funder floated on AIM last week and its shares are trading at a premium.
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NewsFirm fighting challenges over bills enters administration
Southport practice had been pursued through the courts to release client files.
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NewsCosts 'disproportionately high' in Russian oligarch battle
Macfarlanes failed to provide ‘basic information’, according to High Court judgment.
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Newly listed litigation funder trading at a premium
Niche litigation funder Manolete has made a bright start to life as a public company after listing on the junior AIM market last Friday. At 195p the shares were this morning trading at a significant premium to the offer price of 175p, which gave Manolette an initial market capitalisation of ...
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Disclosure reform will tackle 'excessive' cost, say top general counsel
Disclosure reforms next month will combat the ‘wasted and excessive’ costs of the current regime, corporate clients asserted last week. Discussing the reforms at a GC 100 seminar, in-house lawyers were broadly optimistic that the mandatory disclosure pilot coming into force in January would yield the results they wanted. Richard ...
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NewsFixed costs pilot set for take-off in business courts in 2019
Jackson’s blueprint for fixed costs in Business and Property Courts may finally be coming to fruition.
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NewsPrice transparency rules 'not about giving firms a hard time' - SRA chief
Extra requirements central to discussions at SRA compliance conference.
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NewsSRA plans U-turn on revealing costs of Leigh Day case
But regulator still refusing to publish full details of correspondence with the Ministry of Defence.
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NewsCourt shows no mercy to late filer who took 'eye off the ball'
Judge enforces strong penalty for non-compliance caused by solicitor being away on business.
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NewsCity firms claimed £14m costs in oligarch case
High Court judgment ruled last week that the English courts did not have jurisdiction to hear fraud claims.
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NewsPrice transparency era begins today - but clients urged not to be blinded by costs
Law Society wants public to be equally concerned with regulatory protection and service levels.
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NewsBoxing guru loses £922k costs fight with former lawyers
Frank Warren sought to argue he was not liable for agreements transferred to another firm.
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Litigation funder closes doors to new cases
Calunius says £100m fund has completed its investments and surprises market with no plans for successor.
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NewsLitigation funder to float next week
Manolete Partners has raised £29.4m for an oversubscribed IPO.