Court rejects Slater and Gordon bid to end costs recovery cases

Lawyers chasing personal injury firms over the deductions from former clients’ damages have been handed a huge boost after a UK costs judge rejected an application by the law firm Slater & Gordon to have claims from its former clients stayed. The cases centre around the so-called ‘secret’ profits received by the firm as commissions from ATE insurance premiums. There are likely to be hundreds of other similar cases pending this decision against other PI firms. More from the Law Gazette.

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Ready to roll

As capital floods into litigation funding, the sector has entered a new phase. Rather than sitting back and waiting for cases, funders often now play an integral role in the instigation of litigation – particularly collective actions. A push towards freely available, standardised documents will help hedge funds and other players enter the field, while a secondary market for funding investments is finding its feet.

New Fundings

ICP backs class action against insurer

ICP Funding Pty Ltd, an authorised representative of CASL, is supporting a class action against Insurance Australia Limited, trading as ‘CGU Insurance’ (CGU), on behalf of business owners with CGU business interruption insurance who have suffered losses to their business losses arising from the the COVID-19 pandemic. The class action will be run by Slater & Gordon Lawyers.

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In focus: Class action lawsuits go mainstream

Class actions lawsuits are going mainstream, aided by litigation funding that has shrugged off its champertous past and is flying the flag for social justice. As more mega-claims hit London courts, however, the practicalities of how group litigation is managed and paid for needs to keep up with changing attitudes – or risk undermining the model’s new-found reputation.

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