Litigation/Dispute Resolution

Class action specialist PGMBM has secured funding of £100m from alternative investments firm North Wall Capital, in what is believed to be the largest deal of its kind with a claimant law firm.

The ESG – environment, social and governance – agenda will be the key driver of growth in litigation funding in the UK and continental Europe in the coming years, new research has predicted.

Group actions will no longer be the preserve of a few large claimant firms, according to the founders of an online platform whose development was supported by the SRA’s Legal Access Challenge.

The High Court has struck out “inherently fanciful” allegations made by a former City partner against, among others, another former City partner, a law firm and a QC.

A Court of Appeal ruling that the wording of a settlement of a personal injury claim supplanted fixed costs could have “significant” implications, including for cases that have already settled.

The Court of Appeal has reinstated a £5bn claim that a High Court judge struck out because it risked becoming “the largest white elephant in the history of group actions”.

A former City solicitor was wrong not to return to a Saudi princess a $25m fund he had been managing for her over several years, the High Court has ruled.

An agreement that a defendant will pay their solicitors a percentage of any sums they successfully resist having to pay the claimant is unlawful and unenforceable, the Court of Appeal has ruled.

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.

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.

A litigant in person is not statute-barred from suing a law centre and barrister for professional negligence, a High Court master has ruled.

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.

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.

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.

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”.