‘There is total support for getting this done’ – funders and litigators react to King’s Speech litigation funding snub

The King’s Speech this July included an ambitious total of 40 bills – but there was no mention of the litigation funding bill that the last government introduced in March.

Now, the government has confirmed that it will not legislate to overturn the effects of the Supreme Court’s July 2023 PACCAR decision, which prohibited litigation funding agreements (LFAs) that allowed funders to recover a percentage of damages, until summer 2025 at the earliest.