Nick Rowles-Davies Shares Thoughts on a Post-PACCAR World
A new piece of analysis by Nick Rowles-Davies, founder and CEO of Lexolent, sheds light on the current state of the litigation funding market post-PACCAR. Read More…
A new piece of analysis by Nick Rowles-Davies, founder and CEO of Lexolent, sheds light on the current state of the litigation funding market post-PACCAR. Read More…
Earlier this month, the UK government announced that it would introduce legislation to protect litigation funding by reversing the impact of the Supreme Court’s decision in PACCAR. Whilst it was…
Florida is one of the latest US states to see the introduction of draft legislation focused on the regulation of litigation finance. Whilst the bill is currently stalled within the…
As the UK government accelerates its efforts to implement new legislation to address the impact of the Supreme Court’s PACCAR ruling on litigation funding, the courts continue to deal with…
Earlier this week, LFJ covered the announcement by the Ministry of Justice (MOJ) that it would introduce new legislation to reverse the effects of the Supreme Court’s PACCAR ruling, and…
Moves by state legislatures to introduce new laws governing litigation financing have dominated much of the recent conversation around the regulation of third-party funding. However, the roles of state and…
Ever since the Supreme Court’s ruling in PACCAR, litigation funders and legal professionals have been vocal in their desire to see the UK government act to protect access to third-party…
As we look forward to the next decade of litigation funding, it appears that the loudest voices discussing what the industry might look like are coming from outside the sector….
As criticism and scrutiny of litigation funding reaches new heights, opponents of the industry will be keeping a close eye on anything that appears to show funders operating in ways…
When the European litigation funding market is discussed, it is perhaps unsurprising that these conversations are largely focused on third-party funding opportunities within member states of the European Union. However,…
Whilst the Supreme Court’s PACCAR ruling has been viewed as a low point for the UK litigation finance industry, the subpostmasters scandal appears to have drawn public attention to the…
As the third-party funding of litigation is still prohibited in Ireland, there are few opportunities to examine issues around funding arrangements in this jurisdiction. However, a new piece of analysis…
The campaign across the United States to introduce state-level legislation regulating third-party litigation funding continues to gain momentum, as the Arizona state legislature has moved forward with its own bill…
The dispute between the Malaysian government and the Sulu heirs has been one of the most high profile international arbitration cases in recent times, raising issues around state sovereignty and…
As LFJ reported last week, efforts in state legislatures to enforce tighter regulations on third-party litigation funding have started the year strong, as the Florida State Senate moved forward with…
As the size and influence of the global litigation finance industry has grown, so too has the frequency and intensity of criticism leveled at the practice. To combat these critiques,…
Whilst regulations that govern litigation funding in the industry’s major jurisdictions are continually evolving, the established rules for countries such as Australia, the UK and US are well understood. For…
A trend in the US litigation finance industry over the past year has been the introduction and passage of bills in state legislatures designed to curtail the use of third-party…
As LFJ recently reported, the British government has continued to offer encouraging statements that suggest it will take legislative actions to reduce or even negate the impact of the Supreme…
The biggest story from the UK litigation finance industry in 2023 was undoubtedly the Supreme Court’s ruling in PACCAR, raising the greatest challenge to the viability of the UK funding…
Whilst it is not uncommon for funded litigation to involve a political aspect, with disputes involving national governments being a regular occurrence, few cases are attracting as much attention as…
Within the litigation finance industry, the consensus reaction to last year’s UK Supreme Court PACCAR ruling was largely one of disappointment. However, for those individuals and lobby groups that are…
The UK government’s efforts to provide a legislative solution to the Supreme Court’s ruling in PACCAR, namely through an amendment to the Digital Markets, Competition and Consumers Bill (DMCC), continue…
As we head into the final days of 2023, industry leaders and analysts continue to offer their takeaways from the previous year, putting the spotlight on the most important cases,…
As many industry commentators suggested when the Supreme Court released its PACCAR judgement, one of the most important and interesting elements has been the UK government’s response to the decision….
Following the Supreme Court’s PACCAR ruling, opinions on the impact of the decision ranged from descriptions of it as a small bump in the road, to predictions that there would…
Whilst recent court victories and settlements have demonstrated the benefits that funded class actions can bring to consumers, there are still groups who argue that there are insufficient regulatory measures…
The UK litigation finance industry has been closely watching the government’s response to the Supreme Court’s PACCAR decision, with many hoping that there will be a quick legislative fix regarding…
Ohio’s defendants should know whether a third-party litigation funding firm is financing a lawsuit against them, the Insurance Information Institute’s (Triple-I) chief insurance officer, Dale Porfilio said, in testimony today before the state Senate’s Judiciary Committee.
As we approach the end of 2023, it is a useful time to reflect on the state of the litigation funding market in the UK and to see how prominent…