Litigation/Dispute Resolution
New litigation funder targets “niche within a niche”
A litigation funder launched this week with £25m backing from a US private equity firm is targeting what a “niche within a niche” – cases worth up to £1m in the Midlands and the North.
Firm ordered to pay wasted costs over lack of authority to act
A law firm has been ordered to pay wasted costs of £7,920 for not satisfying itself that the director of a company in deadlock with the other director had the authority to give it instructions.
Litigant in person can sue law centre and barrister for negligence
A litigant in person is not statute-barred from suing a law centre and barrister for professional negligence, a High Court master has ruled.
Law firm overturns costs bill misconduct ruling
The rules on misconduct in the CPR do not apply to solicitor/client costs assessments, the High Court has decided in overturning a finding against a Manchester law firm.
CJC begins process for major reform of costs regime
A rethought costs system that puts digitisation, vulnerable court users and a properly functioning civil justice system is the goal set out in a Civil Justice Council consultation.
Signing CFA “not informed consent” to deduct costs from damages
A costs judge has ruled that a litigation friend did not give informed consent to deductions from a protected party’s damages simply by signing a conditional fee agreement.
Insolvency cases on the rise after difficult year for litigation funder
Listed insolvency litigation funder Manolete saw its turnover and profit fall significantly in the last year due to Covid but is now seeing “strong growth in new case enquiries”.
SRA seeks whistleblowing role as part of SLAPPs action
The Solicitors Regulation Authority is set to make it easier for law firm staff to blow the whistle on their employers, as part of its work on SLAPPs – of which it is investigating more than 20.
Costs lawyers urged to play bigger role in “out of control” market
The whole profession needs to address “out of control” legal costs, a major new report has concluded, but costs lawyers have a significant role to play in exerting downward pressure on them.
Retainer entitled law firm to £300,000 fee for aborted bond issue
A small central London law firm has been awarded the £300,000 owed under a retainer which the client had claimed was not payable as the transaction it advised on did not go ahead.









