The Financial Conduct Authority and seven insurers have filed ‘leapfrog’ applications to appeal the High Court’s recent ruling in the business interruption insurance test case to the Supreme Court.
A High Court judge has told parties making part 36 offers that if they simply used form N242A “much of the difficulty” the scheme has caused litigants over the years would be avoided.
Court and arbitration bodies need to make legal remedies built into blockchains a viable alternative to traditional dispute resolution options, lawyers have said.
Commercial litigators have vented their frustration – and in some cases anger – with the disclosure pilot in the Business and Property Courts, and changes to its rules have been put forward as a result.
Listed funder Litigation Capital Management expects to have committed the $150m (£117m) it raised in March by the end of the year as demand continues to increase at a brisk rate.
There was a sharp increase in successful appeals to the Supreme Court last year, while immigration cases accounted for 14% of the applications for permission to appeal, its annual report has shown.
The best experts giving evidence in court are those who answer the questions thoughtfully as opposed to grandstanding, a High Court judge told an online meeting of expert witnesses last week.
Lockdown does not appear to have affected the business of funding insolvency litigation, with market-leader Manolete Partners acquiring or funding 84 new cases since April.