Jackson calls for international third-party funding rules
Sir Rupert Jackson has called for international rules on the use of third-party funding in international arbitration, part of what he termed a wider global lex mercatoria.
CAT gives truck buyers green light to pursue costs
The claimants in the truck cartel litigation have received the green light to move forward without delay to an assessment of the costs of a preliminary hearing given the two sides’ contrasting financial resources.
Burford eyes US listing after shareholder action ends
A shareholder action against Burford Capital has been discontinued as it heads for a second listing in the US, the litigation funder announced today.
Boutique firm acting on DBA for ‘mortgage prisoners’
Boutique litigation law firm Harcus Parker has begun legal proceedings on behalf of so-called ‘mortgage prisoners’ who say they have been trapped paying more on their mortgages than they should have.
High Court ruling “shows strength of Manolete model”
A High Court ruling refusing to set aside £4.3m judgment in default in a suppressed sales case shows the strength of the litigation funding model used by Manolete Partners, it has been argued.
Judge orders wife and mother-in-law to pay £12m costs bill
The High Court has ordered the wife and mother-in-law of a Kazakh businessman, the subject of a “very substantial fraud claim”, to pay the claimants’ costs bill of over £12m.
Litigation funder highlights lack of competition
The market of clients using litigation finance through choice rather than necessity – especially companies looking to offload their liability for portfolios of cases – remains “almost entirely unaddressed”.
High Court: CFA was a contentious business agreement
A conditional fee agreement (CFA) can be a contentious business agreement under the Solicitors Act 1974, the High Court has ruled – but that did not mean every CFA was one.
