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Disbursement funder wins repayment of loans from law firm

A disbursement funder has won judgment against its law firm client that the latter has to repay loans in cases where an after-the-event insurer had avoided liability.

September 19th, 2013 | Comments Off on Disbursement funder wins repayment of loans from law firm

High Court ruling passes cost of disbursement funding to defendant

Welsh firm Hugh James has struck a blow for claimants with a High Court ruling that backed its “somewhat novel” credit agreement to fund clients’ disbursements of £787,500. The firm represented a number of successful lead claimants in the Phurnacite Workers Group Litigation.

May 15th, 2013 | Comments Off on High Court ruling passes cost of disbursement funding to defendant

High Court refuses non-party costs order against solicitor acting on CFA for impecunious client

The High Court has refused to grant a non-party costs order against a solicitor who took on a case for an impecunious claimant under a conditional fee agreement without after-the-event insurance and also agreed to pay the disbursements.

October 2nd, 2012 | Comments Off on High Court refuses non-party costs order against solicitor acting on CFA for impecunious client