Maturity and mergers : vimarsana.com

Maturity and mergers


As litigation funding progresses at varying speeds in different jurisdictions, the UK market has reached a level of maturity. But it remains dynamic and has much further to progress. According to a report published by RPC in March, the combined value of court cases in the pipeline and cash assets directly held by UK litigation funders reached a new high of £2bn last year. Expectations are that this figure will continue to increase.
Ian Madej
When the criminal convictions of 39 former British postmasters were quashed in April, the FT headline ran: ‘Post Office scandal shows value of litigation funds’, followed by a comment underneath: ‘When it comes to challenging appalling behaviour by a deep-pocketed establishment entity, some private firepower is essential.’

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