Litigation Funding news – Page 8
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NewsCourt orders £750,000 payment to fund wife’s divorce costs
Judge says solicitor and client cannot be ‘beholden’ to each other by significant debt.
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NewsAppeal court to rule on funding agreements as post-PACCAR stays are lifted
Judges lift stay on appeals that were put on hold awaiting legislation to resolve PACCAR issues.
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NewsSolicitors Act ‘a relic’, says Court of Appeal judge
Court of Appeal’s costs expert says Solicitors Act needs replacing to adapt to modern litigation.
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NewsWelfare benefits decision prompts firm to drop legal aid JR
Lawyers will be able to claim total costs at hourly rates when costs exceed three times the £208 fixed fee.
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NewsIn depth: Are defence lawyers rushing too readily to 'fundamental dishonesty' allegations?
Claimant lawyers say accusations of fundamental dishonesty are being used as a tactic to bully clients, with few consequences if they fail. A solution to strike the right balance could be found in costs.
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NewsSolicitors encourage late guilty pleas to earn more, bar tells Leveson review
Criminal Bar Association says fees for cracked and effective trials should be more closely aligned to destroy 'perverse incentive'.
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NewsCivil Justice Council extends deadline for funding review
Extension to 3 March will not delay publication of report into litigation funding sector.
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NewsFunder lent to both parties in former couple’s property battle
Funder provided £90,000 in high-interest loans to client earning £10,000 a year, ombudsman reveals.
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NewsFirm ordered to repay fee deducted without consent
Costs judge doubts if £57,000 can be repaid as firm has since gone into liquidation.
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NewsHigh Court slashes 'manifestly excessive' costs in Prince Harry case against Mail
Senior Master Cook and Mr Justice Nicklin described the combined £38.8m total costs sought by both parties as 'manifestly excessive'.
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NewsCivil legal aid: MoJ consults on higher fees
Ministry of Justice says proposals will increase overall spend by 25% for housing work and 30% for immigration work.
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NewsMastercard litigation: £2 for each claimant, up to £100m for funder
Proposed settlement figures revealed ahead of Competition Appeal Tribunal hearing to bring marathon litigation to a close.
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NewsRuling addresses medical fee breakdown controversy
Medical agency refused to give breakdown of its fees for arranging expert report.
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NewsLitigation funder buys UK law firm and pledges ‘one-stop shop’
Heirloom Fair Legal says it wants to bring an ethical outlook to litigation funding.
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NewsCity firm cleared by SDT left with £291,000 costs bill
Solicitors Disciplinary Tribunal made no cost order following six-day hearing of AML charges.
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NewsAttorney general refuses to answer MPs on representing Gerry Adams
Richard Hermer KC asked about former Sinn Fein president during House of Commons justice select committee session.
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NewsFunding regulator 'monitoring' Mastercard row
Funder Innsworth to challenge settlement approval in Competition Appeal Tribunal hearing next month.
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NewsSimmons rewards Bristol-based NQs with bumper pay rise
International firm makes 'bold statement' with salary increase that will see newly qualified solicitors earn £96,000 a year.
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NewsNew year brings extra fees as hourly rates uplifted
Master of the rolls also reveals that future rates may depend on work rather than location.
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NewsSRA pledges action against door-knocking claims firms
Regulator concerned that firms are not asking questions about how claims have been generated.