UK-based Exton Advisors, a specialist litigation finance and insurance advisor business, welcomes Lucy Glyn as a Director starting this new year. Formerly a private equity transactional lawyer from the ‘Magic Circle’, she has held senior strategy roles within the legal market and, latterly, in litigation finance, where she led on European corporate strategy at Burford Capital.
Litigation Capital Management is backing a collective action launched in the UK’s Competition Appeal Tribunal against Govia Thameslink Railway (“GTR”) and its parent companies. The claim alleges that GTR abused its dominant position in the market for rail services on the London-Brighton mainline, in breach of the Competition Act 1998. The claim is being brought by law firm Maitland Walker LLP. Charles Hollander QC of Brick Court Chambers and David Went of Exchange Chambers have been engaged by Maitland Walker LLP to act as barristers for the claim. Exton Advisors advised the proposed class representatives.
Hash Dave of Exton Advisors explores how a spike in global inflation could impact litigation funders in the near future and implores funders to lock in capital now and consider including an inflation metric in their term sheets to protect the financing from budget expansion over the period of investment.