Litigation Funding news – Page 85
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Late claimant’s bid to delay trial refused
But judge does allow claimant to serve witness statement as he did not want to ‘artificially tie its hands’.
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CFA retained by client without mental capacity – CoA
Lord Justice Richards says appeal is dismissed and that the CFA was not frustrated.
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Litigation funder unveils £60m sum for smaller claims
Augusta Ventures said it aims to quadruple its caseload this year.
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Forces claims not subject to fees regime
Three members of the military brought claims against the Ministry of Defence after suffering an injury during training.
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Top judges express ‘deep concerns’ over fees proposal
Senior judiciary united in opposition to new court fees.
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Adopt strategies to handle AFAs, in-house teams told
Alternative funding arrangements now account for a fifth of in-house legal teams’ external spending.
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MoJ confirms new levy charge for court claims
Government introduces new levy but drops plans for divorce fee increase and higher commercial case fees.
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Judge shaves £100k off ‘disproportionate’ costs bill
Firm claimed costs on an indemnity basis of more than £200,000, which included charge for 111 partner hours.
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Judges' fury at 'Dickensian litigation' over 'toxic' dispute
Court of Appeal judges use boundary dispute to rage against cost and time of case.
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Litigation funder triples investments
Burford also announces the acquisition of London-based judgment enforcement firm Focus Intelligence.
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Judge quashes ‘generous interpretation’ of Mitchell
High Court overturns relief from sanction granted to a party that filed document 18 days late.
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Government kicks asbestos review into long grass
Justice minister says review will happen but gives no details about when or how.
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Judge issues ultimatum on ‘absurd’ £1.3m dispute
'Flabbergasted' Mr Justice Holman persuades parties to settle after threatening to limit their submissions.
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Judge urges reform of 'inadequate' Court of Protection rules
The Honourable Mr Justice Peter Jackson said two cases heard on consecutive days illustrated ongoing problems.
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Funding secured for Tesco shareholder class action
Retail giant had told the stock market that its previous profit announcement to investors was overstated by £263m.
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Skeleton arguments ‘not rocket science’ – Jackson
Architect of civil litigation reforms expresses frustration at ‘rambling prolixity’.
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Judge takes £2,240 off costs bill for late submission
High Court heard late statement of costs was a breach of rules but decided against denying relief from sanctions.
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Judge rages at ‘grotesque leeching’ of costs in divorce
Lawyers and experts received £920,000 in total – almost one-third of the assets.
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Lord chancellor denied relief over missed deadline
Although delay did not affect any pre-existing court timetable, delay in service prevented start of the pleadings process.