Insolvency litigation funder Manolete Partners plc has seen its share price more than double in just three months of being a public company, as interest in its offering has “gone bananas”.
Third-party funder Burford Capital described itself today as “the legal profession’s investment bank” as it recorded a 24% increase in net profit after tax to $328m. It has also re-entered the ATE market.
Third-party funder Therium has launched a ground-breaking £1m fund to provide not-for-profit litigation funding in order to facilitate access to justice, supported by former Lord Chancellor Lord Falconer.
A law firm which stopped acting for a client after she refused to heed its advice to accept an offer to settle her case is entitled to recover the £240,000 in costs due from her under a CFA, the High Court has ruled.
Australian litigation funder LCM – which listed in London late last year and brought a UK-based team on board – has announced strong half-year results. Its shares jumped 18% on the news.
Two law firms and a litigation funder have joined forces to bring a £93m opt-out collective action on behalf of “millions” of passengers who they say have paid twice for part of their train journeys around London.
After-the-event insurance premiums must continue to be recoverable in defamation cases, a committee of MPs and peers has told the government.
A law firm, litigation funder, after-the-event provider and insurance broker have teamed up to launch a product to fund claims brought in the Intellectual Property and Enterprise Court.