Access to justice: Spurious claims under the spotlight – best intentions or base motives? Bethany Burns With the marked increase in group litigation and rapid development of the litigation funding industry, the Competition Appeal Tribunal is…
CAT rules in favour of claimants and funders as trucks cartel dispute intensifies Thomas Alan The Competition Appeal Tribunal (CAT) has today (29 October) laid down a marker in the ongoing trucks cartel dispute, giving…
Pre-float DWF hires GC as another litigation funder lists and Burford secures $1.6bn Hamish McNicol DWF has appointed a group general counsel (GC) ahead of its touted London Stock Exchange (LSE) listing early next year. Litigation…
The disputes funding debate: The value of everything Mark McAteer Craig Arnott, Burford Capital: Litigation finance used to be perceived as a last-ditch resort for impecunious clients. That has transformed,…
Disputes round-up: Burford records staggering 109% income boost as SFO branded ‘embarrassing’ by judge Tom Baker A resounding indication of the impact funders are having on the disputes market, Burford Capital has unveiled impressive financial results…
Disputes round-up: Burford launches insurance business while Fieldfisher spin-off begins £100m unequal pay claim Tom Baker Disputes funder Burford Capital is launching a separate insurance company to cover clients’ adverse costs risk, while Fieldfisher’s consumer-led litigation…
UK banks’ £14.6bn legal costs account for over half of FTSE 100 litigation liabilities Tom Baker In the post-Lehman landscape, banking and litigation have become common bedfellows, and research published by Thomson Reuters this week shows…
Burford Capital grows from £80m startup to post record 130% income growth over year Tom Baker Litigation funder Burford Capital generated more profit in the first half of 2017 than any full year in its history,…
Excalibur judgment leaves dispute funders with £20m bill Legal Business In November the long-running Excalibur litigation came to a head as London’s Court of Appeal (CoA) found the third-party funders…
Hausfeld to open Berlin office with €30m investment from litigation funder Burford Legal Business Third party litigation funder Burford Capital is investing €30m in US competition law boutique Hausfeld so it can open in…
A 17-year dispute: Roadchef workers win legal battle against DAC Beachcroft client over employee shares Sarah Downey Hundreds of workers at motorway service operator Roadchef are set to share a windfall after a 17-year long legal battle…
‘A fundamental misunderstanding of DBAs’: Government rules out hybrid Damages Based Agreements Legal Business In what constitutes the latest controversial move over Damages-Based Agreements (DBAs) regulation, the Government has ruled out hybrid versions of…
All or nothing: Only a handful of DBAs entered into as confusion reigns over hybrid model Sarah Downey ‘It’s an extraordinary thing – hundreds of lawyers should have entered into Damages-Based Agreements (DBAs) by now.’ So says Leslie…
Offshore Part 3 – Jewels in the crown Legal Business One case has put litigation funding on the map in Jersey, while the Crown Dependencies are each bringing in vital…
