British American Tobacco inches closer to settlement of multi-billion dollar lawsuit in Canada October 18, 2024 A subsidiary of London-listed British American Tobacco (BAT) revealed that it's nearing a "potential" settlement in a multi-billion dollar lawsuit in Canada
High Court: Standard Chartered Libor test case against investors kicks off September 27, 2024 Standard Chartered kicks off its legal case against a group of investors over transactions dating from the scandal-ridden Libor era
Mark Kleinman: Post Office needs a boss who can read the room September 26, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City AM column.
Litigation Capital Management profit drops but strategic plan remains on track September 17, 2024 The firm's pretax profit in the 2024 financial year dropped to AUD16.1m (£8.2m), down from AUD42.7m last year.
Not everyone is suffering: Insolvency expert Manolete booms as more companies go bust September 3, 2024 The poor state of the economy hasn’t been bad for everyone, as insolvency litigation financing firm Manolete Partners has returned to profit thanks to the withdrawal of government support for failing businesses during the pandemic. The AIM-listed company reported an operating profit of £2.5m for the financial year to 31 March, up from a loss [...]
Litigation funding brought the Post Office to justice – now it’s time to take it to water companies August 16, 2024 Without litigation funding, the Post Office may have never seen justice. Now it’s time to use it against polluting water companies, writes environment consultant Carolyn Roberts Ofwat recently announced hefty fines for three water companies dumping sewage in our waterways. Alongside regulatory pressure, collective opt-out legal action like the one I’m leading can play a [...]
How class actions became a hot trend in the UK August 8, 2024 The class action boom has made the UK a major hub for legal action - but this surge is a rising concern for business on the impacts of these mammoth claims
Government set to push Litigation Funding Bill into summer 2025 August 8, 2024 The newly appointed government is set to push the Litigation Funding Bill until after a review is concluded, which could be at least Summer 2025
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
Class action avalanche: Report reveals litigations are eight times greater than UK population August 2, 2024 Class action litigation is dominating the UK as a new report shows claims filed by the end of 2023 encompassing over 540 million members.