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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 Litigation Funding

Kazakh businessman Ilyas Khrapunov has been ordered by the High Court in London to provide full details of how he is funding litigation against him and who is providing the funding for his legal expenses. Khrapunov is the son in law of Mukhtar Ablyazov, who is being accused of misappropriating $6bn from Kazakhstan’s JSC BTA Bank prior to its nationalisation in 2009.

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Andrew McCabe, the former FBI Deputy Director whose employment contract was recently terminated by USA’s Trump administration has managed to raise over $300,000 (over £200,000) to cover legal defence costs via the crowdfunding platform ‘GoFundMe’.

A recent High Court case has made it clear that Litigants in Person (known as LiPS – private individuals who are representing themselves in Court) will not get special treatment when bringing a legal action in the UK.

Spring 2018 will see the launch of online digital courtrooms for UK claimants, with tax appeal tribunal cases set to be the first to be offered this option. For the first time, claimants and their solicitors will be offered the option of ‘attending’ a court hearing online, using secure audio & video links delivered via a standardised internet platform, as opposed to having to turn up in person.

Funding your commercial claim, be it for professional negligence, a contract dispute, insolvency or a shareholder dispute, is often a crucial part of you being able to pursue your case. Below is a list of the main factors in funding a claim:

Following a recent decline in the value of the luxury car market, former business partners Petro Levchenko and Karan Abbott are now facing an unedifying – and expensive - High Court battle to decide who is at fault for the losses their partnership incurred.

Having originally met each other in a London shisha bar, and with subsequent meetings at a string of fashionable London nightspots, Levchenko and Abbott originally agreed to form a business relationship that would combine Levchenko’s experience as a trader in digital currencies with Abbotts passion for the luxury and rare car market.

Following his withdrawal from mediation talks to settle his claim against Lloyds Banking Group, TV star and entrepreneur Noel Edmonds has secured litigation funding in his pursuit of up to £60m compensation from the banking giant.

Following a significant number of objections from within the legal profession in 2017, HM Courts and Tribunal Service (HMCTS) chief executive Susan Acland-Hood has committed to re-introducing a range of pilot schemes to assess the impact of revised and more flexible court hours. This follows feedback on the original consultation in which it became clear that as desirable as it may be, the actual practicalities of extending court operating hours may mean the idea is abandoned altogether.

Recent data compiled by law firm RPC sheds an interesting light on the claims trends in the High Court. The data, covering the 12 months up till 31st march 2017, shows that the most frequent claimants using the High Court were from the Music and Professional Football sectors.

Fizzy drink giant Coca-Cola has recently been allowed to proceed with its EU trade mark application by the EU Intellectual Property Office (the EUIPO). This is the latest stage in a series of legal challenges against Mitico, a Syrian company that also produces soft drinks, mainly for the domestic and Middle-Eastern markets.

In amongst the recent flurry of political activity that resulted in last week’s phase 1 Brexit agreement, solicitors and law firms throughout the UK are generally pleased with the impact that the current direction of travel should have on UK law.

The UK Government has unveiled new measures, which if approved, would force large companies across the country to disclose their payment practices twice every year.

Unfair payment practices, can cause creditors financial problems - which may lead to insolvency events.

The Court of Justice of the European Union (CJEU) has recently handed down its full opinion in Case C-201/13 Deckmyn, and in doing so has not only defined what constitutes a parody, but has also given copyright owners the right to demand their material be disassociated with a work of parody in certain circumstances.

Despite a warning from the Insolvency Service showing insolvencies are on the rise for the first time since 2010 - a 5.1 per cent increase from the previous year - the Bank of England Governor has announced that he is preparing to increase interest rates.  

"Neither Party shall be liable to the other under this Sub-Contract for loss of profits, revenue, business, goodwill, indirect or consequential loss or damage."

Above is the clear and unambiguous liability exclusion clause, found in a ten-year sub-contract between IBM and Fujitsu, whereby Fujitsu agreed to provide management, support and IT infrastructure maintenance as and when needed, to fulfill the IT and business process change service needs of the DVLA - who held the main commercial contract with IBM.

On 1st October a new Intellectual Property Act, that seeks to strengthen intellectual property protection for businesses across the United Kingdom, comes into force.

The Intellectual Property Act 2014 was deemed necessary and subsequently drafted following the 2011 Hargreaves Review of Intellectual Property and Growth, which found the UK’s intellectual property (IP) laws currently in place to be inadequate and inaccessible to small and medium sized businesses (SMEs).

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Latest News

  • Following recent Supreme Court rulings in two professional negligence cases, the Court has outlined a “wholly new legal roadmap” for professional negligence claims made in England and Wales. As a result, the Professional Negligence Lawyers Association (PNLA) have said that existing claims will now need to be reviewed, stating that “for many there could be a substantial impact on the likely chances of success and the assessment of financial loss”.The cases in question are Khan v Meadows [2021] and Manchester Building Society v Grant Thornton UK LLP [2021]. The first case centred on whether a medical expert, who failed to diagnose that a mother carried the haemophilia gene, was liable for the costs associated with her son’s autism as well as his haemophilia, whilst the second case concerned whether accountants Grant Thornton were liable for the costs of a building society... Read More

  • A recently failed business claim that was dismissed at court has once again highlighted the many pitfalls and legal complexities facing litigants in person (LIPs – that is, individuals taking legal action without professional representation from a solicitor or barrister). The claim in question - Daly & Anr v Ryan & Anr. 2021 - concerned an individual businessman who had a costly judgment entered against him simply because he had repeatedly failed to abide by the rules. Read More

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