Woodville collapse and regulatory reform – litigation funding in the spotlight

Helen Kerr, Alys Jones and Graham Reid of RPC examine how the collapse of Woodville Consultants, which owes nearly £300 million to retail investors and had more than £160 million outstanding from just 10 law firms, has intensified scrutiny of litigation funding and strengthened calls for greater regulation of funder capital adequacy, governance, disclosure and conduct.

Read more.