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