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Subscribe to this list via RSS Blog posts tagged in commercial ATE insurance

Recently published figures from a litigation funder LCM has highlighted the increasing trend in the use of external litigation funding to support commercial legal actions both in the UK and in other international jurisdictions.

Australian-based LCM’s annual report (to 6/19) shows a 17% year on year increase in revenues revenue17% to A$35m (£19m), with a 23% increase in gross profit to A$20m. LCM’s shares, launched on London’s AIM at 52p last December had reached a high of 116p in April 2019.

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London’s Court of Appeal has ruled that a judge in a recent libel claim had ‘seriously transgressed’ the fundamental principle of neutrality and had ‘bullied’ a Litigant in Person (‘LIP’) whilst they were giving evidence at trial.

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Epic Games, makers of the hugely popular online computer game ‘Fortnite’ are taking legal action against the organisers of a UK ‘live experience’ event that was based on the game.

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Having de-listed from the Australian Stock Exchange and joined AIM last month, Australian litigation funder Litigation Capital Management Limited (LCM) is a new name in the UK’s burgeoning third party litigation funding market.

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