Analysis

Funders Face Uncertainty After Court Relaxes Arkin Cap

Law360, London (March 11, 2020, 3:13 PM GMT) -- The Court of Appeal recently put litigation funders on notice that they can no longer count on a previously set cap to limit how much they might have to pay out in the event that they bet on a losing case, raising the potential risks for investing.

In a closely watched case, the appeals court in late February upheld a ruling requiring ChapelGate Credit Opportunity Master Fund Ltd. to cover the legal costs of Dunbar Assets PLC and its administrators after the funder’s client unsuccessfully tried to sue the lender for fraud.

In siding with the trial court, the three-judge panel...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!