An amendment filed to the Digital Markets, Competition and Consumers Bill last week will allow the use of damages-based agreements (DBAs) for opt-out collective proceedings heard in the Competition Appeal Tribunal, but only for litigation funders. The proposed amendment responds to the Supreme Court’s decision in PACCAR in July this year, which ruled that litigation …
Allen & Overy has confirmed that it has suffered a ‘data incident’. Posts from X user and self-described ‘threat intelligence platform for cybersecurity’ @FalconFeedsio on Wednesday 8 November suggested that cybercriminal group LockBit had targeted the firm, with a threat to release ‘all available data’ by 28 November. ‘We have experienced a data incident impacting …
The UK litigation funding industry has been left scrambling to renegotiate contracts in the wake of a Supreme Court judgment earlier this week (26 July) which ruled that many of the funding agreements used for group action competition cases are unenforceable. The judgment, which relates to the high-profile cartel case brought against DAF and other …
The resounding message is that London is still booming. Fears surrounding its status as a leading jurisdiction for disputes being adversely impacted by Brexit appear to have gone largely unfounded, with not only the established players, but less traditional disputes practices and boutiques thriving. Martin Davies of Latham & Watkins sums up the outlook across …
Russia’s invasion of Ukraine added gale force to the economic storms already picking up in early 2022, and has produced a spate of sanctions work as well as at least one ultra-high-value insurance dispute. Meanwhile, group litigation, litigation funding, and ESG remain at the forefront of lawyers’ minds.
Oddly, I decided I wanted to become a barrister when I was ten years old. I’m not sure I entirely knew what a barrister was. There are no lawyers in my family, and in fact I was the first person from my family to go to university.
Across the CEE region, uncertainty was the watchword throughout 2022, and the pattern looks set to continue. Although independent firms remain well placed to make the most of booming practice areas, the ongoing conflict in the region, coupled with the lingering effects of the Covid-19 pandemic, has resulted in a volatile market. In the Czech …
‘Disputes arise when there is disruption, and it seems to me there’s just about every type of disruption at the moment.’ With this, Julian Copeman, a disputes partner at Herbert Smith Freehills neatly summarises market expectations for 2023. It is going to be a busy year.
‘Disputes arise when there is disruption, and it seems to me there’s just about every type of disruption at the moment.’ With this, Julian Copeman, a disputes partner at Herbert Smith Freehills neatly summarises market expectations for 2023. It’s going to be a busy year.
