Funding round-up: Harbour backs Marriott case, LCM’s new portfolio

Harbour Litigation Funding is backing a representative action against Marriott International following a major data breach as we round up a series of developments in the world of litigation funding.

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Therium Access funds eight more legal charities

Therium Access, the not-for-profit arm of litigation funder Therium, has handed out another £400,000 in grants to access to justice charities, taking the total to £1.4m since launching last year.

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Judge refuses payment out of court for all of defendants’ legal fees

The High Court has rejected an application for a payment out of court to fund all of the defendants’ legal fees under a conditional fee agreement in a “gargantuan” tax fraud case.

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DLA Piper launches £150m litigation funding initiative

Global giant DLA Piper has unveiled access to £150m in litigation funding, with publicly listed funder Litigation Capital Management working with its newly formed captive, Aldersgate Funding.

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Court rejects JR over LASPO post-implementation review

The High Court has rejected a judicial review that argued the Ministry of Justice failed to carry out an adequate review of the impact of the LASPO reforms on those with asbestos-related diseases.

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High Court rejects CFA-style ban on third-party funding in family cases

The ban on conditional fee agreements in family cases should not be read across to third-party litigation funding, the High Court has ruled.

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Rosenblatt’s funding offshoot aims to be ‘Manolete killer’

The litigation funding arm of City law firm Rosenblatt has made its move into insolvency work with a pledge to undercut existing pricing structures and take on market leader Manolete Partners.

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Manolete strikes back after anonymous report hits share price

Shares in Manolete Partners – the listed insolvency litigation funder – have tumbled by 20% in the wake of an attack on the firm on an investing website. The company hit back today.

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19 January 2021
Christian Smith

Pay as you go? Not quite

The Court of Appeal recently reaffirmed the statement of the general rule in the White Book that the costs of an application for an interim injunction will, absent any special factors, be reserved.

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