Litigation Funding
Ex-Civil Justice Council funding review members hit out at government reform delays
One year on, review co-chair Dr John Sorabji and Nicholas Bacon KC have decried inertia over their recommendations, reports Ben Rigby
Innsworth loses judicial review challenge to Mastercard settlement
Walter Merricks hails ‘total victory’ as High Court dismisses funder’s challenge to distribution of £200m settlement
Litigation funders ‘deeply disappointed’ as UK government fails to act on PACCAR
Promised legislation to end uncertainty over 2023 Supreme Court ruling fails to materialise
UK government confirms plans to reverse PACCAR ruling on litigation funding
Funders and legal professionals react to announcement from courts minister Sarah Sackman KC
Nick Rowles-Davies on Lexolent and the New Architecture of Legal Finance
Lexolent was launched in 2023 as the world’s first globally coordinated network for legal finance professionals
Founder of London-listed litigation funder Manolete Partners steps down
Steven Cooklin will be replaced in the CEO role by managing director Mena Halton
Warnings about an unchecked rise in mass litigation are simply wrong
Hausfeld global co-chair Anthony Maton takes issue with a think tank’s claim that class actions could cost the UK economy £18bn
Court of Appeal endorses revised litigation funding agreements in ‘emphatic boost for funders’
Appeal by Apple, Mastercard, Sony and Visa dismissed following two-day hearing last month
Innsworth launches judicial review over Mastercard settlement distribution
Funder disputes tribunal’s return cap in Merricks collective action, citing legal and procedural errors
Lawyers divided on litigation funding in post-Civil Justice Council report debate
Claimant and defence lawyers argue whether litigation funding has been beneficial or detrimental at London International Disputes Week event
Civil Justice Council calls for ‘light touch’ regulation of funders and urgent reversal of PACCAR
Long-awaited report on litigation funding contains raft of measures aimed at improving access to justice
CAT approves Mastercard’s £200m class action settlement over credit card fees
Decision follows bid by claim’s funder to scupper deal struck with lead claimant Walter Merricks
Regulation of litigation funders takes centre stage in closely watched Civil Justice Council review
Interim report makes ‘compelling case for some form of mandatory regulation’, according to one observer
European Law Institute calls for ‘light-touch’ litigation funding regulation
Excessive regulation could lead to funders exiting the market, potentially reducing access to justice, ELI study suggests
UK government shelves litigation funding bill
Action to end uncertainty over Supreme Court’s PACCAR ruling to await result of wider funding review