Litigation Funding news – Page 79
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NewsNew caps on financial claim fees
Some CMCs charge 40% of the compensation award. ‘This has got to stop,’ says justice minister.
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NewsFinancier enters UK pledging £50m for PI firms
Company claims to be Canada’s leading law firm financier and to have supported more than 750 practices back home.
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NewsClaims firm collapses after crowdfunding £817k
Rebus Group called in administrators on 28 January to handle its affairs.
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NewsVara rejects Dyson’s description of ‘desperate’ fees research
Justice minister says evidence was not limited to just 31 interviews of court users.
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NewsAppeal court backs CFA without legal aid ‘burial certificate’
NHS trust had tried to argue that funding was invalid in absence of legal aid discharge.
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NewsFirm’s ‘hopeless’ costs case thrown out
PM Law claimed £3m to recover sums 'due and payable' under insurance policies.
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NewsCosts expert slams £1,000 hourly rates at top commercial firms
Lack of transparency and competition cited as causes of record fees.
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NewsCFA ‘terminated’ before assignment, court rules
Case likely to have significant impact on the personal injury sector, where thousands of claims have been sold on.
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NewsCMCs win argument to keep regulation fees the same
Companies said they were suffering from reduced turnover and a contracted market.
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NewsJackson: Lottery could pump-prime legal aid fund
Architect of civil justice reforms favours contingency fund for 'deserving' claims.
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NewsJackson: fixed costs needed for all claims up to £250k
Major extension of fixed fees regime 'a price worth paying' says architect of civil reforms.
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NewsSenior judges lambast government over court fees
Master of the rolls tells MPs that ‘ordinary people’ are being priced out of justice.
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NewsMinisters forge ahead with October date for fixed clin neg fees
With a consultation likely to last at least six weeks, the start date leaves ministers with a tight schedule to make changes.
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NewsECHR not binding over legal costs appeal, rules judge
Newspaper group says if the court were to make costs order against it, it would be acting incompatibly with right to freedom of expression.
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NewsDecision postponed on proposal for new October bill of costs
Civil Procedure Rule Committee says recommendations of costs experts will require more time to analyse.
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NewsMoJ undecided on scope of small-claims limit increase
Meeting between lawyers and justice officials reveals more detail on government plans for personal injury.
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NewsFunder stakes £30m to back PLC’s litigation portfolio
New arrangement will see Burford take on company’s legal costs in return for a portion of the proceeds from the litigation matters.
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NewsConsumer champions unveil fixed-fee comparison site
Legal Beagles founders branch out with comparison website for services such as divorce and probate.
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NewsLitigation funder pledges money to probe merits of case
Funds will meet the costs of an opinion from a solicitor and, if the case has merits, from counsel also.