New Opt-Out Collective Actions Regime in the CAT?
TheJudge• February 14th, 2013
Recently, the Government’s BIS (department for Business, Innovation and Skills) announced proposed changes to the way in which competition litigation is dealt with in the UK. One of the proposed amendments is to introduce an “opt-out” collective actions regime in … Continued
Hybrid DBA’s Not Permitted?
TheJudge• February 14th, 2013
The Ministry of Justice has now released the final Draft Regulations on Damages-Based Agreements (‘DBAs’). The explanatory note accompanying the regulations states that a DBA is a “no win, no fee” agreement whereby the representative (see the defined term in … Continued
ALF Increases Capital Adequacy Requirements
Matthew Amey• February 13th, 2013
It has been reported in the Law Society Gazette that the Association of Litigation Funders (‘ALF’) is planning to put in place a minimum capital adequacy provision of £2,000,000 for Funder Members. A meeting of ALF members is due to … Continued
How to: Price Litigation
TheJudge• February 12th, 2013
Practitioners face a sea change in litigation from April, as radical changes to the way cases can be funded could see firms take on a greater share of the risk. The new costs budgeting regime also comes into force for … Continued
Professional Negligence Risks for Lawyers pre & post LASPO Act
Matthew Amey• January 28th, 2013
I was asked yesterday whether solicitors face a greater or lesser risk of professional negligence surrounding the advice given to clients regarding litigation finance and After the Event (‘ATE’) insurance, once the Legal Aid, Sentencing and Punishment of Offenders Act … Continued
Does LASPO Require You to Issue Proceedings Before April?
Matthew Amey• January 18th, 2013
In order to fall within the current Legal Aid, Sentencing and Punishment of Offenders Act (‘LASPOA’) rules, is it necessary to not only commence the After the Event (‘ATE’) insurance policy prior to 1st April 2013 (or the date which … Continued
Case Study – Avoiding Wasted WIP
TheJudge• January 14th, 2013
Client A approaches law firm Joe Bloggs LLP with a prospective new ICC arbitration. Prima facie, the case appears attractive. Joe Bloggs LLP quickly ascertains that the quantum is likely to be in the region of £40milllion and the potential … Continued
Funding Litigation with Third Party Funders
Matthew Amey• December 6th, 2012
There is a new and burgeoning market of specialist funding companies offering money and expertise to help businesses large and small unlock the value tied up in their legal disputes. These funders are known as Third Party Funders (TPF) and … Continued
TheJudge is Pleased to Announce Our QI Litigation Funding Service
TheJudge• November 14th, 2012
Have you ever been frustrated by the time it takes to get a meaningful indication of price from litigation funders? Do you recognise the importance of obtaining multiple offers of funding for your client? As the largest funding broker, we … Continued