Litigation Funding news – Page 46
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NewsMajor litigation funder admits caseload hit by Covid delays
Burford Capital reports a 'fairly quiet period' after 43% of its portfolio experiences pandemic-related delays.
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NewsSolicitor costs slashed after judge rules them ‘well over the top’
London firm's fees deemed excessive - even allowing for new, higher guideline rates.
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NewsClaimant ‘unreasonable’ for not using portal on overvalued case
Claimant initially valued case at more than £25,000 but settled for less than half.
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NewsIn focus: Class action lawsuits go mainstream
Actions by large claimant groups are making headway in the court system of England and Wales.
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NewsMammoth Mastercard class action gets green light
Competition Appeal Tribunal grants first ever collective proceedings order in Merricks v Mastercard.
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NewsNew guideline rates from 1 October as MoR gives go-ahead
Sir Geoffrey Vos has accepted the changes recommended last month by the Civil Justice Council’s working group.
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NewsDefunct law firm denied costs security in ‘mysterious’ litigation
Court of Appeal says there is no obvious reason why the dormant practice is funding any defence.
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NewsLocal government ABS's profits surge despite 'challenging' year
Firm attributes growth to increase in instructions, and remote court hearings and client meetings.
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NewsMoJ rules out court interpreting review following private equity investment
Contract-holder thebigword announces 'partnership' with Susquehanna Private Capital.
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NewsWhitehall lawyers demand apology for 'outrageous' underpayment
Questions submitted for all-staff call with Government Legal Department's executive team reveal major discontent.
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NewsHourly rates rebuff for non-London commercial firms
Master of rolls to consider proposed rises in guideline rates frozen since 2010.
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NewsCosts judge concerned by 'exceptionally large' rise in firm's hourly rates
Firm to appeal master's decision which 'raises an important issue for the profession'.
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NewsNew disclosure rules for ‘less complex claims’ below £500,000
Plans for reform of pilot in Business and Property Courts published today.
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NewsMPs sound alarm over legal aid in hard-hitting report
Influential committee says justice system in danger of becoming unfair and inaccessible.
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NewsCourt blocks firm being substituted into claim of dead client
Judge concludes agreement signed before client’s death was champertous and void.
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NewsBorders 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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NewsHigh 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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NewsBanks 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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NewsFirm 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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News'We don't have enough judges, staff or courts' - LCJ
Lord Burnett of Maldon says government must provide sufficient funding on a sustained basis.