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”.
Arbitration is “way forward” for construction disputes
Arbitration is the best available process for resolving disputes arising from international construction projects and should be augmented but not replaced by technology, research has found.
“Reasonable” for LiP not to understand obligations
Litigants in person who “do little to promote their cases until they are absolutely forced to” and do not “understand, let alone research” their obligations can still be regarded as acting reasonably.
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.
QC: Shortage of up-to-date expert medical witnesses
Experienced medical professionals who are still working and have up-to-date knowledge of practice and procedure are becoming increasingly reluctant to act as expert witnesses, lawyers have warned.
Insolvency firm which funded litigation must pay third-party costs
A firm of insolvency practitioners which contributed almost £500,000 to fund a liquidator and former company’s claim against its directors has been ordered to pay the same amount in third-party costs.
Insolvency funder gobbles up new cases
Manolete Partners, the litigation funder specialising in insolvency, has invested in more cases in the first six months of its current financial year than in the whole of the previous 12 months.
Partners made “secret profit” from flight delay ATE insurance
Two law firm partners who made a “secret profit” by opting thousands of flight delay clients into an after-the-event insurance policy have been fined a total of £55,000 by the Solicitors Disciplinary Tribunal.
