Litigation Funding news – Page 7
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Slater and Gordon secures £33m loan to fund growth
Litigation funder Harbour will ensure firm has access to capital for several years.
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Fixed costs: firm will ‘manage client expectations’
Hudgells chief predicts that practices will exit the personal injury market after October.
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County court freezes disbarred barrister's assets
Housing association applied for order to support claim against tenant's McKenzie friend.
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Relief for claimant firms as appeal judges block costs challenge
Permission refused to appeal Menzies v Oakwood Solicitors in Supreme Court.
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Administrators confirmed for collapsed law firm funder
All options being explored including a call on firms that have debts with VFS Legal.
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MoJ considers rethink after legal threat over fixed costs rules
Concerns over inclusion of clinical negligence claims prompted letter before action.
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'Shockwaves' as Supreme Court rules litigation funding deals unenforceable
Agreements fall within statutory definition of DBAs, court rules as it allows appeal in truck cartel case.
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Legal lender with £39m debt pile files for administration
Firms relying on VFS Legal for funding face scramble to source alternative finance.
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Ruling opens way to challenge as fixed costs loom
Court of Appeal decision on interpreter costs could enable lawyers to argue on the basis of access to justice.
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Sharp rise in SRA spending on disciplinary processes
Regulator also investigating solicitor conduct in dozens of bulk compensation claims.
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Judge lambasts City firm over costs bill
Budget was left to the last minute, the IT systems were inoperable and the relevant people were not available.
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High Court directs UCL students to resolve their claim out of court
Master Fontaine stays proceedings for eight months and encourages parties to find less costly solution.
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Claims firm referred to SRA after costs cut by 99%
Manchester practice had charged £400 an hour for both Grade A and Grade D fee earners.
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Solicitors win costs battle as Vos pleads for rules to be updated
Court of Appeal says ex-client authorised deduction of costs by signing CFA.
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Unpaid litigation funder seeks to revive divorce dispute
Judges were told the husband and wife intended to ‘walk away’ from proceedings.
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Translation fees for trial are recoverable, rules Court of Appeal
Judge says court should apply 'broader interpretation' of rules where access to justice is at stake.
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Listed firm sells litigation finance business to pay off debts
Rosenblatt owner to focus on building legal and M&A businesses.
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Reforming the reforms before they have happened
Extension of fixed recoverable costs is a headache for all sorts of reasons. Now the goalposts are being moved before a ball is kicked.
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'Second-largest ever' pro bono costs order awarded
Local authority acted unreasonably by launching proceedings against family in case concerning transgender surgery.
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Garden Court must pay £20k over 'unreasonable conduct' in Allison Bailey case
'Accusations and attitude' of chambers to the claimant’s solicitor described as 'unmerited and unhelpful'.