Banking Litigation Notes

Government to legislate for enforceability of litigation funding agreements based on a share of damages

Solicitors Regulation Authority reviews high-volume consumer claims sector

High Court declines to vary interim payment order despite sanctions concerns

Civil Justice Council's final report on litigation funding recommends "light touch" statutory regulation

High Court orders payment into court by Russian claimant as security for defendant banks' costs in context of sanctions case

Government proposes legislation to permit funder DBAs in opt-out competition class actions

Litigation funding agreement may be enforceable in part despite PACCAR decision

Supreme Court decision today means most existing UK litigation funding agreements likely to be unenforceable

High Court refuses to apply the so-called Arkin "cap" to adverse costs order against litigation funder

Court of Appeal clarifies that cross-undertakings should rarely be required as a condition of security for costs

In a marked shift from previous first instance decisions, the Court of Appeal has provided guidance on the circumstances in which a defendant seeking …

Costs recovery when you win – guidance from recent cases

One of the key features of the commercial litigation landscape in England and Wales is that costs generally follow the event, creating a disincentive for …

Securities class actions in England and Wales: the challenges for funders and a perspective from Australia

Herbert Smith Freehills LLP have published an article in Butterworths Journal of International Banking and Financial Law on the principal characteristics …