Litigation Funding news – Page 4
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NewsEx-boss of London PI firm struck off over unpaid loans
Tribunal heard details of unpaid litigation funding and ATE insurance premiums.
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Borders bill 'risks driving wedge' between solicitor and client
Law Society issues warning over legislation ahead of second reading in the House of Commons.
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High Court rules against firm over DBA with bankrupt client
Ruling said to be an important decision for how solicitors access funding arrangements.
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Banks face £1bn class action over forex rigging
Pension funds, asset managers, hedge funds and corporates are seeking to bring a group claim against five banks.
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Firm faces £20k costs bill despite winning unfair dismissal case
Tribunal finds former chief executive did not act unreasonably in bringing claim.
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'We don't have enough judges, staff or courts' - LCJ
Lord Burnett of Maldon says government must provide sufficient funding on a sustained basis.
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Slater and Gordon asks court to kill off costs claims
Parties argue over potential stay of proceedings and dispute over clients’ exposure to costs.
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BA settles biggest ever data group claim
Claimant firm says settlement 'demonstrates how seriously the legal system is taking mass data incidents’.
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Top judges doubt whether costs budgeting works, master reveals
Court rejects argument to apply costs budgeting in asbestos claim going to trial.
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News focus: End ‘fishing expeditions’ on fees
Slater and Gordon saw off the latest challenge by a costs chaser. But the firm’s plea to halt such claims is likely to fall on deaf ears, especially with the landmark Belsner case on the horizon.
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UN rights body told legal aid safety net will become more accessible
Signposting to exceptional case funding to improve and lawyers will be able to share best practice.
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Judge refuses plea from litigant in person for free hard copy bundle
Ruling states that ‘equal footing’ does not mean litigation must wait for all parties to have equal resources.
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Funder awaits insolvency boom after profits fall
Profits at Manolete Partners are down 26% after corporate insolvencies were held off by government measures.
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Strasbourg orders UK to pay damages over family court judge's findings
European Court of Human Rights says Court of Appeal judgment did not remedy prejudice suffered by social worker.
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Claimant has £200k costs paid despite winning only £10 damages
Court finds that offer to settle for £1 was a genuine one and that costs rules had been correctly applied.
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'I don't believe we're close to breaking point' says Buckland
Lord chancellor's comments on BBC One show spark angry response from lawyers on the frontline.
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Judge stops draft ruling publication after parties settle dispute
Kingsley Napley had asked for judgment to be published on basis that judicial time would be wasted.
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Slater and Gordon: stop these fishing expeditions on baseless claims
Concern about a ‘growing industry’ targeting former clients with promises of getting their money back.
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Costs judge invites case against firm over ‘secret’ commission payments
Court says Slater and Gordon cannot be compelled to answer ATE questions, but that claimants should still pursue cases.
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Mega class actions becoming ‘mainstream’ in Europe
Report notes a growing number of US firms setting up shop in London to focus on large-scale disputes.
