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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.’ ....

United Kingdom , Association Of Litigation Funders , Post Office , Litigation Funders , Omni Bridgeway , ஒன்றுபட்டது கிஂக்டம் , சங்கம் ஆஃப் வழக்கு நிதி வழங்குநர்கள் , போஸ்ட் அலுவலகம் , வழக்கு நிதி வழங்குநர்கள் , ஓம்நி பிரிட்ஜ்வே ,

113 US and EU organizations urge EU and US to Lift retaliatory tariffs on products unrelated to transatlantic trade disputes

In advance of the upcoming EU-US summit in Brussels, the undersigned 113 organizations reiterate our call for the permanent removal of tariffs on sectors unrelated to the ongoing transatlantic trade disputes. The transatlantic relationship is of enormous economic importance to our sectors, and spiritsEUROPE is eager to see it protected and nurtured. spiritsEUROPE welcomes the […] ....

United Arab Emirates , United Kingdom , United Kingdom General , Russian Federation , Alexander Tugushev , Malcolm Rifkind , Alexander Sychev , Vitaly Orlov , George Osborne , David Cameron , Lex Greensill , Ken Macdonald , Tony Blair , Boris Johnson , Association Of Litigation Funders , Public Accounts Committee , Fisheries Committee Of The Russian Federation , Advisory Committee On Business Appointments Acoba , Foreign Office , Treasury Select Committee , Jp Morgan , Security Committee , Advisory Committee , Business Appointments , Prime Minister , Greensill Capital ,

At a glance: regulation of litigation funding in United Kingdom (England & Wales)


Regulation
Is third-party litigation funding permitted? Is it commonly used?
Third-party litigation funding is permitted and endorsed by the judiciary and policymakers as a tool of access to justice. Consistent with modern public policy, English courts have a generally positive attitude to third-party funding.
The Competition Appeal Tribunal recently described third-party litigation funding as ‘a well-recognised feature of modern litigation that facilitates access to justice for those who otherwise may be unable to afford it’ (
UK Trucks Claim Limited v Fiat Chrysler Automobiles NV and Others and
Road Haulage Association Limited v Man SE and Others [2019] CAT 26). The tribunal s view underlines how far the law has changed since the days when funding another party s litigation could constitute both a crime and a tort. ....

United Kingdom , City Of , Justice Roth , Arkinv Borchard , Justice Knowles , Akhmedovav Akhmedov , Justice Francis , Walter Hugh Merricks , Rupert Jackson , Weiszv Weisz , Youngv Young , International Legal Finance Association , Wales Ministry Of Justice , Association Of Litigation Funders , Civil Justice Council , Solicitors Regulation Authority , English Commercial Court , Family Division , Ministry Of Justice , European Union , R Factortame Ltd , Haulage Association Limitedv Man , Ministry Of Justice England , Competition Appeal Tribunal , United Kingdom Trucks Claim Limited , Fiat Chrysler Automobiles ,