Government to address PACCAR ruling with amendment to Digital Markets Bill – but litigation funders argue it isn’t enough
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 …
Sponsored briefing: The importance of maintaining a constructive media relationship throughout litigation
The potential for reputational damage from ongoing litigation is increasingly recognised across the legal sector. Even where the value of a dispute going through court may be relatively small, the reputational damage that can result from the hearings – particularly at trial – can be vastly greater. It is therefore vital to have a comprehensive …
‘Unnecessary bedwetting’ – litigation funders moved to allay fears following Supreme Court blow
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 …
Disputes Yearbook 2023: Bench strength revisited
Disputes Yearbook 2023 – online PDF
Please see below for a link to an online pdf of the Disputes Yearbook 2023. This will only be accessible to subscribers. Please make sure you are logged into the site to see the link. Legal Business subscribers will be receiving their physical copies of the Disputes Yearbook with Legal Business circulation.
Bench strength revisited
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 …