Latest News

Burford founders each pocket £60m in first share sale

Chris Bogart colour

The founders of the world’s largest litigation funder, Buford Capital, each became nearly £60m richer this week after selling some of their shares for the first time since launching the company in 2009. Chief executive Christopher Bogart and chief investment officer Jonathan Molot sold a third of their holdings.

March 22nd, 2018

CA strongly criticises judge for private meeting with one party’s counsel

Private Sign on a Door

A circuit judge was wrong to have a private conversation with one party’s counsel during the trial, but his actions did not amount of apparent bias, the Court of Appeal has ruled. He did so to thank counsel and his chambers for giving his daughter a mini-pupillage the previous summer, but then briefly discussed the case too.

March 22nd, 2018

Government brushes aside MPs’ discount rate change caution

Ambulance entrance hospital

The government has rejected the view of MPs that there is insufficient evidence to change the way the personal injury discount rate is calculated. But it agreed to “develop further” the existing evidence base ahead of setting the rate in the first review.

March 21st, 2018


Here today, gone tomorrow

Andy Talbot Arag

In 2016, it was AU Insurance Services. Last summer, it was Elite Insurance Company. Already in 2018, New Zealand’s CBL Insurance Limited has collapsed, leaving Alpha Insurance A/S in solvent liquidation and run-off. Often, it seems, these failures impacting the legal expenses sector get associated with the after-the-event insurance market, somehow remote from the majority of brokers. But most legal expenses underwriters, wherever they are based, will have feet in both after- and before-the-event camps. The precise causes and circumstances of these failures (and the several others that have occurred in between them) may be very different, but they have all left brokers, other intermediaries and their clients in the lurch.

March 15th, 2018

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John M Hayes

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Temple Legal Protection

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