RBC Holdings, the listed owner of law firm Rosenblatt, is braced for a £4m hit after its litigation finance business LionFish suffered damaging losses in two cases and the board concluded that any further appeals are no longer viable. Read more.
RBC Holdings, the listed owner of law firm Rosenblatt, is braced for a £4m hit after its litigation finance business LionFish suffered damaging losses in two cases and the board concluded that any further appeals are no longer viable. Read more.
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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