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Litigation funding agreement may be enforceable in part despite Paccar decision: High Court finds there is "serious issue to be tried"
Commercial litigation podcast series – Episode 20: General update
Supreme Court decision today means most existing UK litigation funding agreements likely to be unenforceable
Proposed regulation of litigation funding for proceedings in the EU
The European Parliament has published a proposed Directive to regulate commercial third party funding within the EU. The proposed Directive will not …
Court of Appeal confirms Damages-Based Agreements (DBAs) are not for defendants
The Court of Appeal has confirmed that Damages-Based Agreements (or DBAs) cannot be used by defendants as, under s.58AA of the Courts and Legal Services …
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 …
High Court confirms Damages-Based Agreements (DBAs) cannot be used by defendants
In a recent decision, the High Court has confirmed that a Damages-Based Agreement, or DBA, will not be enforceable if it purports to entitle the legal …
Commercial litigation podcast series – Episode 6: General update
Court of Appeal clarifies that cross-undertakings should rarely be required as a condition of security for costs
In a marked shift from previous first instance decisions, the Court of Appeal has provided guidance on the circumstances in which a defendant seeking …
Court of Appeal confirms regulations governing Damages-Based Agreements (DBAs) do not preclude terms providing for payment of time costs on termination, nor do they preclude hybrid arrangements
The Court of Appeal has confirmed that a Damages-Based Agreement, or DBA, can include a clause which entitles the legal representative to payment on a …
Article published - Damages-based agreements and termination: a small chink of light
Damages-based agreements (or DBAs), under which a lawyer can receive an agreed percentage of any damages in the event of success, were introduced to …
Lloyds/HBOS litigation: judgment on costs and permission to appeal
The High Court has handed down judgment on costs issues and an application for permission to appeal, following on from the court's rejection last year of …
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