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- Wholesale Change for Litigation Funding following the Supreme Court decision in R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28 (“PACCAR”)
Wholesale Change for Litigation Funding following the Supreme Court decision in R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28 (“PACCAR”)
Dipti Hunter and Ben Rutledge of Keidan Harrison conclude that, while PACCAR has not put an end to litigation funding in the UK as some have suggested, it may make the jurisdiction of England & Wales less attractive to foreign litigants and may become more expensive or harder to obtain funding for big cases because funders are now precluded from obtaining the “big wins” of a percentage of damages on large case.