Litigation Funding news – Page 69
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IT hold-ups delay electronic bill of costs to 2018
Scheme was due to be mandatory from October but that deadline will not be met.
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Judge slashes costs after CFA deemed unreasonable and unfair
Costs including £420 hourly rate halved following a detailed assessment last month.
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Revealed: Jackson's fixed fees pilot to cap costs at £80k
Details emerge of how pilot scheme for fixed costs scheme will work in practice.
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High Court orders trial over enforcement of disputed DBA
London firm claiming £125,000 from client after signing damages based agreement.
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Tories urged not to forget personal injury shakeup in new government
Lawyers turn to reform agenda even while election results still being digested.
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Pressure mounts on third-party funders to reveal identity
US lobby group calls for disclosure after decisions in RBS litigation.
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Insurer claims to have key to persuading lawyers to use DBAs
New funding arrangement sees law firms limiting their risk exposure when offering damages based agreements.
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Shareholder group's RBS action edges towards settlement
Parties expected to inform High Court that they wish to accept £200m offer.
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Electronic bill of costs compulsory from October
Pilot successful enough to persuade rule committee to proceed with new format - but questions remain over testing of bill.
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Court of Appeal backs claimants over post-legal aid CFA
Firm has not applied for a notice of discharge 'burial certificate'.
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Champerty: Irish court deals a blow to third-party funders
Litigation funding remains both a civil and criminal offence, Supreme Court rules.
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Litigation funder raises £175m to grow business
Burford Capital announces bond issue snapped up on London Stock Exchange.
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Jackson wary of fixed costs for clin neg cases over £25k
Leading judge still committed to principle of fixed costs regime four years after his landmark reforms.
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Labour tweaks legal aid commitment in election manifesto
Opposition party appears to have revisited justice pledges after draft version was leaked five days ago.
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Judges warn fixed costs will drive expert witnesses away
Civil Justice Council calls for greater flexibility on how experts are paid.
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Judge slams defendant firm Kennedys over costs budgeting 'games'
High Court rejects defendant’s estimate of claimant costs as judge says it was useless.
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Litigation funder bought by banking giant in £31m deal
New owner of Novitas Loans wants to scale up its operation in increasingly open market.
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New litigation funder targets £100k-plus claims
A new player has entered the litigation funding market with access to capital of up to £10m to invest in small and medium-sized commercial claims, the Gazette can reveal. Invicta Capital Funding, which launched in April, said it will fund claims worth a minimum of £100,000 in damages, and will ...
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BBC's fury at £900k pre-action legal costs of Sir Cliff Richard
Singer bringing legal proceedings after coverage of police raid on his home in 2014.
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DoH 'like a criminal dictating his sentence' over fixed costs
Claimant lawyers pour scorn on government proposals to restrict fees for clinical negligence cases - as Law Society warns that the vulnerable must be able to get the advice they need.