The government's continued failure to adopt recommendations to reform the litigation funding market is driving potential claimants away from the U.K. and pushing investment toward rival jurisdictions, lawyers and funders have warned.
The government's continued failure to adopt recommendations to reform the litigation funding market is driving potential claimants away from the U.K. and pushing investment toward rival jurisdictions, lawyers and funders have warned.
A London court rejected Innsworth's bid on Wednesday to challenge the distribution of a £200 million ($268 million) settlement with Mastercard, backing the finding of an appeals tribunal that a greater return for the funder would have been "excessive."
Thousands of women were granted permission on Wednesday to join together in litigation accusing Johnson & Johnson of knowingly selling baby powder in the U.K. that was contaminated with asbestos.
Everton must pay Burnley £35 million ($47 million) in compensation for violating the Premier League's financial regulations several seasons ago, an independent commission ruled in a decision released Wednesday.
A Florida federal magistrate judge on Wednesday denied President Donald Trump's request that she recuse herself from overseeing discovery in his $10 billion defamation suit against the BBC, ruling he waived his right to ask for recusal by waiting over five months to do so.
A consumer rights lawyer sought on Wednesday to withdraw a proposed class action against Fender, Yamaha and other musical instrument manufacturers, saying she had been unable to secure litigation funding despite years of efforts to pursue resale price maintenance claims.
Online payment company QuidPay has sued a digital bank over the decision to suspend its accounts because of alleged fraudulent transactions linked to its clients, and unlawfully retaining millions of pounds.
The chief executive of a Saudi construction firm has accused Healys LLP of negligently releasing funds to buy properties in Cyprus before the building works were completed, causing him to lose out on €2 million ($2.3 million) and the Cypriot citizenship relying on his investment.
A company owned by Iranian-American telecoms entrepreneur Bita Daryabari accused a property developer Wednesday of defrauding it out of more than £2.3 million ($3 million) over four years by understating rental income from a luxury apartment.
Jellycat Ltd. has alleged that a London-based handbags and accessories retailer has copied dozens of its anthropomorphic plush toys, infringing its registered designs and damaging its brand.
Britain's tax authority urged a London tribunal Wednesday to rule that British Airways is liable for around £5.8 million ($7.8 million) in tax over hotel rooms provided to cabin crew on back-to-back flights.
Howden has accused its former head of power of colluding with rival BMS Group to poach the bulk of his client book after relations with a key broker soured over the insurer's expansion into the U.S. retail market.
