Court of Appeal to rule on litigation funding agreements based on ‘multiple’ of sum invested

The England and Wales Court of Appeal will consider the validity of litigation funding agreements based on a multiple of the sum invested by the end of July. The appeals had originally been stayed because the previous government was moving to legislate to address the issues caused by PACCAR, but the stay was recently lifted after the High Court said it heard ‘nothing that suggests’ that any such legislation would be ‘imminent’ following the change in government.

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