Litigation Funding news – Page 8
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NewsLegal fees add up to £43m in Nigeria arbitration appeal
Court of Appeal granted Process & Industrial Developments Limited permission to appeal High Court ruling - but dismisses it in a short judgment.
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News‘Absurd’ £208m claimant costs budget slashed by three quarters
Judges attack ‘eye-watering’ budget in runup to £6bn 'dieselgate' group claim.
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NewsFreezing order over bitcoin libel claim ‘founded on a lie’
Defamation claim 'should never have been threatened, commenced or pursued', judge rules.
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NewsFamily legal aid data prompts fresh mediation warning
Solicitor says not all firms are aware of new rules enabling judges to impose costs orders on parties who shun ADR.
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NewsUnpaid litigation funder succeeds in intervention but loses out on remedies
Husband and wife choose not to pursue financial remedy proceedings and there is ‘precious little’ funder, which is now pursing a civil claim, can do.
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NewsCosts judge 'baffled' why retainer disputes still going to court
Court was asked to rule whether 26 disputes invoices should be subject to detailed assessment.
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NewsSRA revises fines regime in anticipation of unlimited powers
Two new bands for serious misconduct will make financial penalties framework 'fit for purpose'.
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NewsLaw Society calls on SRA to evidence huge rise in compensation fund levy
Individual contributions will jump by £60 while £660 levy on firms will rise to £2,220 under SRA proposals.
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NewsSRA liable for £189,000 costs after ignoring its own AML guidance
Tribunal rebuffs regulator's attempt to penalise international firm Dentons after unsuccessful prosecution.
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NewsCourt throws out challenge to 60% damages deduction
High Court dismisses ex-client’s appeal and says costs agreement was binding.
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NewsFirm showed a ‘lackadaisical’ approach to breach of contract
County court judge ponders wasted costs order but says firm's behaviour was not improper.
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News£715m costs battle in warm-up to 'Dieselgate' claim
Three-day costs management hearing will alone run up legal bill of £3.65m.
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NewsSolicitor LiP hit with £11,000 costs bill in possession claim
Conduct 'sufficiently far out of the norm and unreasonable' to make indemnity costs order appropriate.
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NewsDuncan Lewis takes government to court over legal aid fees
National firm says thousands of vulnerable individuals are eligible for legal aid but struggling to find a lawyer to represent them.
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NewsCourt orders costs budget in £10m injured child claim
Master expresses 'real apprehension' about the way that costs have escalated in RTA case.
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NewsFee boost for court-appointed lawyers in domestic abuse cases
Law Society welcomes fee increase but warns it is not enough to keep domestic abuse advocacy scheme sustainable.
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NewsWife ordered to pay as divorce costs reach 'monumental' £3m
‘Egregious and persistent litigation conduct’ leads to £256,000 costs order.
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NewsNext government must 'recognise the urgency' of PACCAR legislation, funders warn
'If it is to be a Labour government, we know they are very keen on access to justice and victims’ rights,' says trade body.
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NewsCourt allows divorce firm to claim more than costs estimate
Costs judge says client’s unreasonable conduct made it inevitable that the estimate would be exceeded.