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.
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.
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.
New claims in High Court bounce back above 2019 level
High Court activity has already recovered to pre-Covid-19 levels following a sharp slump during the height of the outbreak, new research has found.
Burford fails to progress ‘market manipulation’ claim
The High Court has rejected litigation funder Burford Capital’s attempt to identify who traded in its shares during last August’s short-selling attack in a bid to bring claims of market manipulation.
Rosenblatt offers litigation funding to other firms
RBG Holdings – the listed business that owns City law firm Rosenblatt and invests in its own cases – has launched a litigation funding business for other law firms to tap into.
Funder commits millions to female-led litigation
Litigation funder Burford Capital has so far committed half of the $50m (£38m) fund established to finance cases led by women lawyers as part of an initiative designed to help close the gender gap in law.
Insolvency claims on the rise but costs remain high
The impact of the Jackson reforms on the funding of insolvency litigation – though significant – has not been as serious as some had predicted but costs remain high, new research has found.
