Davey v Money & Otrs – An unwelcome decision for funders?
Emily Thomas• May 1st, 2019
On 17 April 2019, the High Court handed down a judgment that is likely to have significant repercussions for the commercial litigation funding industry. It was found that a third-party funder was liable for all of the defendants’ costs incurred … Continued
Review of LASPO Part 2: Not much to see here…
Verity Jackson-Grant• February 25th, 2019
The review of Part 2 of the Legal Aid, Sentencing and Punishment of Offenders Act (LASPO), published earlier this month, leaves little to write home about but it does offer some hope with regard to the future use of damages-based … Continued
TheJudge’s October Update
TheJudge• November 12th, 2018
Adverse costs cover – back in fashion The Jackson reforms had the potential to significantly disrupt the adverse costs insurance market and many questioned whether it could withstand the challenges the resulting Legal Aid, Sentencing and Punishment of Offenders Act … Continued
Adverse costs cover – back in fashion
Robert Warner• October 31st, 2018
Against many odds, adverse costs cover is back in fashion and it’s proving to be a valuable tool in helping law firms attract new clients. Following the Jackson reforms, there were question marks over whether this type of insurance could … Continued
Arbitration Finance – October Update
TheJudge• October 19th, 2018
Funded Claimants in BIT claim against Venezuela ordered to pay Security for Costs – a sign of things to come in BITs going forward? In this article, Matthew Amey discusses recent cases focusing on the increasingly important issue of the … Continued
Could law firms remodel to take on hedge funds?
Verity Jackson-Grant• October 1st, 2018
Whilst litigation funding can be an obvious solution for clients looking for assistance with their legal spend, it can come at a hefty price. This begs the question for how long will law firms sit back and allow hedge funds … Continued
TheJudge’s September Insights
TheJudge• September 17th, 2018
TheJudge’s Response to the Government’s Post-Implementation Review of Part 2 of LASPO Given the significant impact the implementation of LASPO has had on the After the Event (ATE) insurance market, we felt it important to share our experience with the … Continued
How law firms are using DBA insurance to overcome their fear of damages based agreements
Verity Jackson-Grant• July 6th, 2018
Whilst the prospect of earning a share in the client’s damages is an attractive proposition, many lawyers are yet to take the plunge. This is mainly due to a combination of the financial implication of a loss and the uncertainty … Continued
DBA insurance and CFA insurance for patent litigators in the UK – Are you up to speed?
Verity Jackson-Grant• May 22nd, 2018
DBA and CFA Insurance (collectively known as WIP insurance) are products designed to provide a law firm with a guaranteed fee realisation when offering an alternative fee arrangement. Whether a CFA or DBA, the insurer indemnifies the law firm for … Continued