Litigation Funding news – Page 5
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NewsFormer solicitor loses strike-off appeal over delayed counsel fees
Tribunal decision to bar Midlands sole practitioner for dishonesty is upheld in the High Court.
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Labour vows to end 'scandal' of leasehold injustice
New route for redress proposed after party told that solicitors are warning leaseholders not to use tribunals.
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Lord Falconer joins fight against clin neg fixed costs
Former lord chancellor questions plans being drawn up by the Ministry of Justice and Department of Health for fixed costs for claimants running cases worth up to £25,000.
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Pinsent Masons strikes ‘unique’ deal with litigation funder
Augusta Ventures will offer the firm’s clients better rates and fast-tracked services.
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Legal Aid Agency seeks to reduce dependency on troubled billing system
A service called 'Apply for Legal Aid' will be introduced next year.
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Former client refused a fresh look at solicitor’s £340k bill
Court finds little prospect of reducing amount, and no evidence for allegation of negligence on part of Carter-Ruck.
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Unenforced judgments costing companies millions
Almost 80% of finance professionals say they are owed $10m or more by judgment debtors.
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Litigation funder rides insolvency wave
Changes in legislation have 'radically opened up' the sector, Manolete tells stock exchange.
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SRA prosecution costs soar as hearings lengthen
Annual report also records a significant increase in the number of solicitors struck off.
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Claimant awarded 10% after narrowly beating Part 36 costs offer
Court says uplift should be ‘all or nothing’ and not treated like a bonus for successful claimant.
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US funder to back £14bn group action against Mastercard
The mass claim brought on behalf of 46 million consumers is the largest in English legal history.
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Cyclist faces bankruptcy over £100k costs bill for injured pedestrian
Robert Hazeldean calls for greater legal protection to help cyclists from 'destructive' costs awards.
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Firm misses £1m costs after ‘unreasonable’ switch of funding method
Judge critical of London firm which changed to a CFA after beginning case on legal aid funding.
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Leveson welcomes progress to avert one-day criminal bar walkout
Interim deal between the Criminal Bar Association and government was announced yesterday.
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'Entirely disproportionate' costs slashed by two-thirds
New judgment is a fresh examination of rules applying to proportionality test.
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Bates v Post Office: Costs hit £25m as both parties warned about spending
'Costs of this order cannot pass without comment', High Court judge notes.
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Costs chasers – expert urges firms to ‘call their bluff’
Costs recovery firms have stepped up operations following the Court of Appeal ruling in Herbert v HH Law.
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'Ghastly myth' spreading that courts allow late budgets
Lawyers urged not to assume they can escape sanctions for filing costs budgets beyond deadline.
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Don't reform costs amid reform 'chaos' - Society
Chancery Lane warns that disadvantaged groups could be unable to seek justice in complex claims.
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Claimant lawyers 'will game' fixed costs system
Defendant firm accuses claimant sector of exploiting loopholes last time costs were fixed.
