Four out of every five London litigators are now engaged in cases where at least one party is supported by litigation funding, a survey has found. Furthermore, 90 per cent of litigators believe it is time to regulate the third-party finance sector.
Litigation Funding
A £5 billion claim against Sony PlayStation has been permitted to proceed by the Competition Appeal Tribunal (CAT). The claim, brought by consumer rights expert Alex Neill on behalf of 8.9 million PlayStation customers, was first filed in the CAT in August 2022 and is an opt-out group leg
The Supreme Court has ruled that litigation funders must redraft their agreement terms. In PACCAR Inc & Ors v Competition Appeal Tribunal & Ors, four out of five justices declared that these types of agreements fall under the statutory definition of damages-based agreements (DBAs).
February 2022 marked the start of the independent public inquiry to investigate the long running Post Office Scandal which has been described as "the most widespread miscarriage of justice in UK history”. Frances Sim and Alison Webb take a look at the litigation and relevant law. Th