Latest News

26th February 2015

Funders foil rapier thrust of Excalibur

EN GARDE…! Following the outcome of the Excalibur litigation should Funders “fall on their swords” have they been “stabbed in the back” should they opt for “the sword over the scabbard” or is “the sword of Damocles (or Arthur) no more…?! Backed by private and investment Funders the Claimants (“Excalibur”) sued the Defendants (“Keystone”) for […]

12th February 2015

Insolvency and April 2015 – avoid the late night essay crisis

It looks as if they will be implementing the non-recoverability of Insolvency ATE success fees in line with the advertised April 2015 deadline. “They” being the powers that be and in whose hands we rest. Personally I am confused by the known position v. the rumours and what I think is intended by the regulations. […]

3rd February 2015

Third Party Funding (TPF) Just what is it and how does it work?

Also Known As – ‘Funding and Lending, what’s the difference?’ and ‘Big Brother and Big Brother’s Little Brother’. Any other contributions welcomed. As to what it is depends on who you talk to. To clients and lawyers it is a means of pursuing a case that might not be possible without outside funding. To a […]

27th January 2015

Court fees can be funded

As you no doubt know the Government has announced a further increase to court fees. The thinking appears to be that claimants have unlimited funds and should subsidise the courts. Apparently claimants should pay a more realistic cost of their court action. There are arguments that some costs are already much higher than their actual […]

5th January 2015

A light hearted look at the year ahead

All shall be well and all manner of things shall be well (Julian of Norwich c. 14th c) Now safely back in the office, family dispersed around the world once again, it is time to look at the year ahead. Looking at the Sunday papers it’s going to be an awful year? So, giving a […]