Tag: third party funding
Showing 10 out of 10 results
High Court once again upholds award of third party funding costs in arbitration
The Commercial Court has refused a challenge to an arbitral award brought on the basis of the tribunal’s award of the costs of third party funding to the …
Commercial litigation podcast series – Episode 3: General update
Court of Appeal upholds order for litigation funders to pay costs on the indemnity basis in high profile Excalibur litigation
Last Friday (18 November) the Court of Appeal dismissed an appeal brought by various third parties who funded the claims in the high profile …
Article published on the future for Damages-Based Agreements
In early September the Civil Justice Council issued its report on DBAs, which makes a number of drafting and policy recommendations aimed at …
Government rules out "hybrid" Damages-Based Agreements (DBAs)
The Ministry of Justice has asked the Civil Justice Council (CJC) to review the regulations governing DBAs to consider possible …
Litigation funders ordered to pay indemnity costs
A High Court decision handed down yesterday (23 October) has significant implications both for third parties who fund litigation on commercial …
High Court finds litigation funder was entitled to terminate funding agreement
In a rare decision on termination of a litigation funding agreement, the High Court has held that the funder validly terminated the agreement under a …
Working party recommends no cap on contingency fees for commercial cases
The working party set up to consider fundamental issues relating to the planned introduction of contingency fees, or “damages based …
New code of conduct for litigation funders
A new code of conduct for litigation funders (who fund litigation or arbitration in return for a share of the proceeds) was launched on Wednesday, …
Recent case on champerty
The recent case of Mansell v Robinson [2007] EWHC 101 (QB) has demonstrated the court's modern, more flexible approach to the rules against champerty. …