Category : Latest News

SMALLER CASE FUNDING – £250k+

SMALLER CASE FUNDING – £250k+

Thursday 20 September 2018

Do you have or have you been in a position where you have been instructed on a case, that has good prospects of success and recoverability but the client has not been able to fund the costs of issuing the claim and ongoing disbursements?There are now more and more funders that are...

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A complete overhaul of the disclosure regime and the impact on professional negligence claims…..

A complete overhaul of the disclosure regime and the impact on...

Friday 23 March 2018

Towards the end of last year a plan for the complete overhaul of the disclosure regime was set out by a working group headed up by Lady Justice Glover. It is envisaged that professional negligence claims will become harder to handle, particularly for defendants,  as a result of the proposed...

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Third Party Funding – Latest News

Third Party Funding – Latest News

Tuesday 20 February 2018

We see another case of Third Party Funding being utilized in a ‘David and Goliath’ battle.Noel Edmunds has secured Third Party Funding of a seven-figure sum to pursue a battle against the Lloyds Banking Group. As reported by the Gazette, Edmonds is seeking up to £300m in redress...

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Recoverability of ATE Premiums in Defamation Claims – still here!

Recoverability of ATE Premiums in Defamation Claims – still...

Tuesday 20 February 2018

You will be aware of the demise of recoverable ATE premiums in most types of claims since post LASPO in April 2013, which thereafter saw stripping of recoverable premiums on insolvency matters from April 2016!However, in defamation cases, the premiums still remain fully recoverable...

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Landmark decision awards security for costs against third-party funder in excess of the Arkin Cap

Landmark decision awards security for costs against third-party...

Wednesday 31 January 2018

The Arkin cap determined by the Court of Appeal in Arkin v Borchard Lines (2005) limits the liability of third-party...

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Court of Appeal Overturn ATE Insurance as Inadequate Security

Court of Appeal Overturn ATE Insurance as Inadequate Security

Tuesday 19 December 2017

In the latest saga of the Premier Motor Auctions Ltd case v Price Waterhouse Cooper and Lloyds Bank. Judges Longmore, Kitchen and Floyd overturned the previous ruling that Mr Justice Snowdon had allowed, which in effect accepted the ATE Insurance as acceptable security for opponents...

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REGULATION OF THIRD PARTY LITIGATION FUNDING

REGULATION OF THIRD PARTY LITIGATION FUNDING

Wednesday 15 February 2017

The Government has announced it has no current plans to move away from the current method of voluntary regulation of third party litigation funding. In responding this January to written parliamentary questions asked by Lord Hodgson of Astley Abbotts, the justice minister...

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Recovery of Litigation Funding Costs in Arbitration

Recovery of Litigation Funding Costs in Arbitration

Wednesday 23 November 2016

The High Court in England has upheld an arbitrator’s decision to award a claimant their costs of taking out third party litigation funding.In Essar Oilfields -v- Norscot [2016] EWHC 2361 (Comm) the court held that the phrase in s.59(1)(c) of the Arbitration...

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IPT increase to come into effect in October this year.

IPT increase to come into effect in October this year.

Friday 18 March 2016

 Tax rises earmarked to help with flood defences despite government pledging last year that there were no plans for a further rate rise. The standard rate of IPT will be increased from 9.5% to 10% with effect from 1 October 2016, according to Budget 2016 documents. The...

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Race for Life – 16th July 2016

Race for Life – 16th July 2016

Wednesday 16 March 2016

 We are currently helping Vanessa Andrews fundraise for Cancer Research UK and thought the mud run would be an excellent opportunity. We are sure that everyone is much aware of the increase of this disease in our world and together we can try and beat it by supporting this great...

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