Litigation Funding news – Page 92
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NewsMoJ 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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NewsJudge 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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NewsJudges' 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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NewsLitigation funder triples investments
Burford also announces the acquisition of London-based judgment enforcement firm Focus Intelligence.
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NewsJudge 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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NewsGovernment kicks asbestos review into long grass
Justice minister says review will happen but gives no details about when or how.
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NewsJudge 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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NewsJudge 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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NewsFunding 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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NewsSkeleton arguments ‘not rocket science’ – Jackson
Architect of civil litigation reforms expresses frustration at ‘rambling prolixity’.
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NewsJudge 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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NewsJudge 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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NewsLord 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.
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NewsGovernment rules out hybrid DBAs
Civil Justice Council commissioned to review DBAs – but hybrid arrangements off the agenda.
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NewsFixed fees needed for deafness claims, say insurers
ABI says the monthly number of such claims has risen from 1,000 in 2012 to 3,500 in 2014.
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NewsInfant claims costs clarification due by January
Claimant lawyers say judges are refusing to allow payments for additional liabilities out of damages settlements to infants.
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NewsHigh Court imposes costs budgeting on £18m claim
Judge warns of ‘abuse of the process’ if discretion is not applied to current guidelines.
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NewsPrivacy granted for multi-million-pound fee dispute
Ruling ‘protects confidentiality’ of those who challenge lawyers’ fees.
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Costs specialist creates app to calculate interest
Application features ‘first-ever interest calculator’.