Class actions set for certification hearings in wake of Mastercard ruling
Claimant representatives have hailed the Supreme Court’s ruling in the Merricks collective action case as a “pro-claimant and pro-litigation funding decision” which reinvigorates the regime.
Insolvency funder makes rapid progress during lockdown
Insolvency litigation funder Manolete Partners has had a strong lockdown, with revenue, profit and new case investments all rising sharply, its half-year results have shown.
Lawyers and funders join forces to standardise documentation
A host of well-known litigation funders have signed up to an industry wide initiative to develop model funding documentation, launched by the London office of US law firm Brown Rudnick.
Law firm fined for holding funder’s money in client account
A law firm which held money on behalf of its then litigation funding subsidiary has been fined for allowing its client account to be used as a banking facility.
Three-quarters of lawyers say firms have used litigation funding
Three-quarters of lawyers at big law firms and major corporations say their businesses have used litigation funding, more than twice the number from three years ago, a report has found.
Latest results keep Burford share price moving upwards
Burford Capital’s share price is rising steadily as it claims the latest results show that concerns about its business model that saw a short-selling attack last year are misplaced.
LCM eyes new fund after sharp rise in funding applications
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.
Insolvency litigation funding continues to thrive in lockdown
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.
