City law firm HFW has agreed a £25m portfolio litigation funding facility with Augusta Ventures, while also unveiling a development partnership with litigation analytics start-up Solomonic.
Litigation funder Burford Capital has unveiled a 36% rise in operating profit for the first half of 2019 as it continues to make record levels of investments – and in increasingly innovative ways.
National firm Pinsent Masons has agreed a £25m litigation funding facility with Augusta Ventures that offers clients a discount on the funder’s usual success fee.
The “perceived cost” of litigation funding continues to be the biggest barrier to take-up by large companies, but most have still been increasing their use of it, according to a new survey.
Manolete Partners, the litigation funder specialising in insolvency, has seen a surge in interest since listing on the stock exchange, leading to a strong financial performance, its annual results have shown.
The third-party litigation funder that stepped in late in the day to fund the appeal in the £14bn Mastercard consumer claim is backing the entire case. We also have news from funders IMF, LCM and Burford.
An online funding platform has recruited 200 high net-worth individuals to back commercial litigation cases in the UK and is employing litigation analytics to support its work.
Difficulties in obtaining legal aid funding in discrimination law cases has created insurmountable barriers, leading to a denial of justice, new research has found.