Excalibur judgment leaves dispute funders with £20m bill

Excalibur judgment leaves dispute funders with £20m bill

In November the long-running Excalibur litigation came to a head as London’s Court of Appeal (CoA) found the third-party funders who bankrolled the case liable for the successful defendants’ £20m indemnity costs. The dispute stems from the original litigation in 2013, a $1.6bn energy battle brought by Excalibur Ventures against Gulf Keystone Petroleum and Texas …

RBS group action settles with Quinn, Stewarts and Mishcon claimants as Signature prepares for trial

RBS group action settles with Quinn, Stewarts and Mishcon claimants as Signature prepares for trial

The long running saga that is the £4bn shareholder group action against the Royal Bank of Scotland (RBS) has reached a decisive stage, as claimants represented by Quinn Emanuel Urquhart & Sullivan, Stewarts Law and Mishcon de Reya have settled their case while thousands of claimants represented by Signature Litigation will press ahead for trial …