Listed insolvency funder maintains rapid growth
AIM-listed insolvency litigation funder Manolete Partners continues to scale up rapidly, with turnover and profit both jumping significantly on the back of more than doubling the number of claims it has invested in.
New video platform to be rolled out across civil courts
The new video platform enabling more remote cases to be heard in the criminal courts will rolled out to the civil courts over the coming months, the Ministry of Justice confirmed yesterday.
Legal fees plus Covid doomed poultry business
A family run poultry business was pushed into administration because the impact of Covid-19 meant it could no longer afford the legal fees for defending a £1.6m claim and running a counterclaim.
Funder loses claim for extra $15m from damages
A third-party funder has lost out on $15m (£12m) after the High Court ruled that its entitlement came out of damages after a deduction for contributory negligence was made, rather than before.
High Court judge savages unnecessary witness statements
A High Court judge has roundly criticised witness statements prepared for a summary judgment application in a major piece of tax litigation, saying far too much time and money was spent on them.
Objection to insolvency funder buying case “irrelevant”
The High Court has dismissed as irrelevant objections to leading insolvency funder Manolete Partners buying assignment of a claim, but then only awarded 2.5% of the £7m sought.
Solicitor “should not have served claim by post” after lockdown
A solicitor who served proceedings on a council by post two days after lockdown had gone into effect showed “poor judgement”, a High Court judge has ruled.
“Devious” litigant tried to mislead court over previous ruling
A “devious” litigant produced an inaccurate transcript of an earlier judgment in the latest of a series of “forgeries” of court documents, a High Court judge has found.
