The value of UK competition class-actions surged six-fold over the past year, from £4bn in 2021 to £26bn in 2022, research by Thomson Reuters shows, following the filing of a series of multi-billion-pound funded claims against some of the world’s biggest tech companies, including Apple, Google and Sony.
After Magistrate Judge Sherry Fallon recommended that it pay $1.8 million to a subsidiary of Woodsford, Hosie Rice is now in court arguing the arbitration panel was only supposed to decide a threshold issue that would determine how discovery was conducted, but instead issued an opinion on the merits of the case without allowing Hosie Rice to craft its argument.
Woodsford is moving closer to winning $1.8 million from Hosie Rice, a law firm it backed in a suit against Google, after US Magistrate Judge Sherry Fallon wrote a recommendation that a federal district court in Delaware should confirm the arbitrator’s $1.8 million award for Woodsford, saying Hosie Rice failed to establish a basis to overturn the award.
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