Litigation Funding news – Page 84
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Litigation funder expects windfall from £136m ‘pre-Jackson bulge’
Chief executive of Burford Capital says UK lawyers are not grasping opportunities.
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Noise-induced hearing loss a disease, High Court rules
Judge rejects ‘opportunistic attempt’ to reduce solicitors' success fees.
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Barristers offered ‘payment plan’ for clients
Bar Council says tie-up with credit broker will give barristers ‘peace of mind’.
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Judge slashes ‘wholly unreliable’ costs budget by £5.3m
Firm heavily criticised after one of the biggest budget cuts made since Jackson reforms.
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Solicitor loses £21k negligence strike-out appeal
Court punishes ‘deliberate’ non-compliance and rejects pleas of opportunism.
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Court fee increase imminent as levy clears parliament
Minister says those who use the court should contribute more to its running costs.
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Family court hammers firm in compliance crackdown
Judge makes wasted costs order against Barrett & Thomson for failing to keep court informed.
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Courts system will ‘cease to function’ under costs budgeting
Master David Cook says problems since Jackson reforms are more than simply ‘bedding in’.
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Court fee hike set for next week
Parliamentary approval likely to be granted in the House of Lords before implementation.
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Munby turns his guns on excess bundles
Judge lays down the law after bundle with 591 pages submitted by party in family court.
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MoJ makes U-turn on LASPO insolvency exemption
Government retains exemption for creditors making claims against insolvent companies.
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Claimant who missed hearing escapes sanctions
Mr Justice Sweeney said case management decisions are ‘not lightly to be interfered with’.
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SFO told to pay costs of ‘flawed’ prosecution
Costs bill presented by wrongly accused group of solicitors is expected to be around £7m.
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CFA regime ‘vital after legal aid abolition’
Law Society and Ministry of Justice both argue against defendant’s claim of human rights violation in Coventry case.
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Defendants slam ‘grotesque’ costs regime
Long-awaited case begins with defendant arguing recoverability of insurance and fees was unlawful.
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Interveners named as stage set for crucial Coventry case
Judges will decide whether the pre-Jackson costs regime was lawful.
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MP’s libel costs claim slashed by a third
Judge approves costs budget of £370,000 for Conservative Tim Yeo against Times Newspapers.
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Indemnity insurer liable for disbursement loans
AIG to pay out almost £1m after appeal court rules loans to cover disbursements are not exempt from indemnity conditions.
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Munby bemoans ‘serial failures’ over interpreting
Sir James Munby orders Capita to pay £13k hearing costs after interpreter no-shows have ‘profound effect on proceedings’.
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Society mounts challenge to new court fees
Solicitors warn new charges will restrict justice to those who can afford it.