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Advantage Litigation News & Updates

From time to time we will post news articles and announcements relating to the firm and to various legal issues that may be of interest to you.

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Subscribe to this list via RSS Blog posts tagged in legal expenses funding no win no fee

A group of private investors have recently commenced legal action against the failed Woodford Equity Income Fund (WEIF), seeking to recover losses sustained following the fund’s collapse in 2019.

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A large scale contract dispute claim has commenced involving a Hull based energy plant and one of its main contractors.

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As the UK moves ever closer to the end of the Brexit transition period on the 31st December, responses to a recent Ministry of Justice (MOJ) consultation has highlighted the potential for legal chaos if the High Court, Appeal Court and Supreme Court abandon current EU case law.

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As part of the UK government’s attempts to speed up the processing of claims that have been affected by the Covid-19 pandemic, the Ministry of Justice (MOJ) has recently announced the location of the first ten temporary courts.
Dubbed ‘Nightingale Courts’ after the emergency intensive care hospitals that were set up in record time during the pandemic’s peak, the new, temporary will hopefully be finished and in use by the end of August. The first such court, at East Pallant House in Chichester, Sussex, is due to open by the start of next week. The new locations opening soon are:

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A recent announcement in the House of Commons may lead to venues such as sports halls and hotel conference rooms being used as temporary court rooms should there be a backlog of claims and cases following the COVID-19 coronavirus lockdown. In England and Wales there are already over 1,400 cases waiting for dates at both the Crown court and magistrates court, a number that increases to grow week by week.

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Global tech giant Apple is likely to face a group-action claim over multiple problems and failures of the displays on its popular MacBook Pro range. Apple, one of the ‘big 5’ global technology companies and the first US company to be valued at over $1 trillion, is the defendant in a complaint filed in a California district court that alleges a number of breaches of state and federal consumer protection laws, in addition to fraudulent concealment.

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Manchester United and England footballing legend David Beckham, also famous for being married to former Spice Girl Victoria Beckham, is facing a trademark infringement dispute with Italian professional football club Inter Milan.

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Following a recent High Court appeal judgement, infrastructure support services provider Amey are set to receive £4m in compensation from West Sussex County Council due to a disputed highways contract procurement process.

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The contemporary UK litigation sector now allows for a variety of alternative options when it comes to resolving commercial, business and personal legal disputes. Known as Alternative Dispute Resolution (‘ADR’), it is worth being aware of the options available and which may be best suited for your individual circumstances.

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Before the Event Insurance – commonly shortened to “BTE”- is an insurance policy that is purchased by a business or individual that is designed to cover legal costs in the event of them needing to make a claim or should a claim be made against them. Whilst you can purchase BTE insurance as a ‘standalone’ policy, it is more commonly included with a range of business or personal insurance products. As with most types of insurance, the cover that a BTE policy provides can vary and is vital that the policy cover, and its limitations, are fully understood before buying a policy.

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September’s annual report from litigation funding business LCM has highlighted the overall lack of choice and competition in the UK’s litigation funding market. The report from the Australian based funder also highlights that the market for claimants seeking to fund litigation as a pro-active choice, rather than through financial necessity, is “almost entirely unaddressed”.

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Despite facing criticism from the legal profession since they were updated in the Damages-Based Agreements Regulations in 2013, forthcoming updates to Damages Based Agreements (‘DBA’) are set to make this model of funding for civil litigation claims far more attractive.

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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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A recent judgement at the High Court in London has seen the Post Office being ordered to pay over £5 million in legal costs resulting from its ongoing legal dispute with former Post Office workers.

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The recent Commercial Courts Report 2019 by Portland Communications sheds an interesting light onto the types of litigation and commercial legal actions being bought in London, and the nationalities of those bring such claims.

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A recent landmark decision by the UK’s Supreme Court has ruled that Vedanta Resources, a UK-based mining business and its Zambian subsidiary Konkola Copper Mines (KCM), can face legal action and claims bought by Zambian citizens, despite the companies’ long-standing argument that any such claims should be bought in Zambia itself.

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Latest News

  • In a further sign of the burgeoning litigation and dispute resolution market in the UK, a London based litigation funding provider is making available funding in excess £585m to tackle high-value civil litigation claims in the UK courts. Read More

  • New research published recently by insurance broker and risk managers Gallagher suggests that incidents of legal threats, claims and formal complaints against UK companies is likely to continue to increase over the next few years. With the volume of such actions having over doubled since 2018 and having increased by an incredible 300% since 2016, it is vital that UK businesses take positive steps to mitigate against such eventualities. The Gallagher data, based on surveying more than 3,000 UK businesses across multiple sectors, found that in the past five years, over half (56%) of all businesses have faced an accusation, claim or allegation of unlawful behaviour. Sectors facing the most litigation include IT (72%) and construction (60%), and amongst these the proportion is even higher.Employees make up the bulk of the accusations (44%), followed by customers (23%), clients (22%) and suppliers... Read More

  • Following the collapse of construction giant Carillion in Jan 2018, litigation funding has recently been confirmed allowing the defunct business to pursue legal action against accountants KPMG. The funding has been agreed by Litigation Capital Management (LCM), who have agreed to fund the £250m claim being made by Carillion’s liquidator in the Commercial Court. It what is widely regarded as the largest ever corporate failure in the UK’s construction sector, Carillion collapsed in January 2018 with reported liabilities of around £7bn. Before their collapse, Carillion formed part of a consortium that held contracts to build part of the forthcoming HS2 high speed railway line, it maintained 50,000 homes for the Ministry of Defence and managed schools, highways and prisons. On 10 July 2017, Carillion announced that its profits would be hit to the tune of £845m and, as a consequence, its chief... Read More