Yesterday’s Court of Appeal decision was “a triumph for access to justice”, according to the insurer whose policy was under scrutiny. But the guidance on the proportionality test has been called “astonishing”.
The Court of Appeal has issued long-awaited guidance on how judges should apply the proportionality test, while also looking to curtail disputes over the reasonableness of block-rated ATE premiums.
National firm Pinsent Masons has agreed a £25m litigation funding facility with Augusta Ventures that offers clients a discount on the funder’s usual success fee.
The “perceived cost” of litigation funding continues to be the biggest barrier to take-up by large companies, but most have still been increasing their use of it, according to a new survey.
Manolete Partners, the litigation funder specialising in insolvency, has seen a surge in interest since listing on the stock exchange, leading to a strong financial performance, its annual results have shown.
The third-party litigation funder that stepped in late in the day to fund the appeal in the £14bn Mastercard consumer claim is backing the entire case. We also have news from funders IMF, LCM and Burford.
An online funding platform has recruited 200 high net-worth individuals to back commercial litigation cases in the UK and is employing litigation analytics to support its work.
Difficulties in obtaining legal aid funding in discrimination law cases has created insurmountable barriers, leading to a denial of justice, new research has found.