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. More from the Law Gazette.
Rachel Rothwell, editor of Litigation Funding Magazine, describes how the entire litigation funding industry could be turned on its head by a UK Supreme Court decision that could potentially render most – if not all – litigation funding agreements unenforceable.
Law for Change, a new community interest litigation funder set up to support actions that could help change the law ‘for wider public good’, is making waves, having already backed several cases, including a High Court challenge to the government’s controversial Rwanda asylum policy.
Novitas has taken another hit, paying another £5.3m in compensation to divorce and probate clients who took out loans to fund their litigation.
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