Litigation Funding news – Page 60
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NewsSolicitors 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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NewsBurford 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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NewsExclusive: 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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NewsLawyers 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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NewsBattered 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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News‘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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NewsBusinesses 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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NewsBurford 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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NewsLawyers 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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NewsCosts 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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NewsMoJ accelerates work on 'pressing' criminal legal aid concerns
Evidence needed on issues such as unused material by end of September.
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NewsCourt 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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NewsClaimants 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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NewsEagerly-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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NewsDoomed 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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NewsInterim 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.
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NewsNHS spending on claimant legal costs drops by £24m in a year
Overall spending still increasing as compensation levels and defence costs rise.
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NewsFormer solicitor loses strike-off appeal over delayed counsel fees
Tribunal decision to bar Midlands sole practitioner for dishonesty is upheld in the High Court.
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NewsLabour vows to end 'scandal' of leasehold injustice
New route for redress proposed after party told that solicitors are warning leaseholders not to use tribunals.
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NewsLord Falconer joins fight against clin neg fixed costs
Former lord chancellor questions plans being drawn up by the Ministry of Justice and Department of Health for fixed costs for claimants running cases worth up to £25,000.