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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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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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A recent costs hearing at the High Court in London has revealed the extent of the legal costs already accumulated in the high-profile Bates v Post Office litigation action. The class action claim, backed by litigation funders Therium Capital, involves over 500 former subpostmasters and mistresses who are claiming that the Post Office, following the implementation of a new IT system called ‘Horizon’, incorrectly blamed them for apparent shortfalls in branch accounts.

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Multiple European champions and current Premier League frontrunners Liverpool FC have emerged victorious in a recent contract dispute and are now free to use global sportswear giant Nike as their new supplier of official team kit.

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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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It’s an unfortunate fact of business life that at some point, you may need to take formal legal action to recover monies owed to you or your business. There are two main approaches to collecting such debts; direct legal action through the courts, or appointing an external debt collection agency.

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In one of the more blatant – and frankly comical - examples of infringing a brands copyright and intellectual property rights, a garage in Brazil has recently been raided and closed down by police after it was found to be producing replicas of well-known supercars from manufacturers including Ferrari and Lamborghini.

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S&G (Slater & Gordon) solicitors has confirmed that it will be proceeding with its legal action against Watchstone PLC over claims that its acquisition of legal services business Quindell was based on fraudulent misrepresentation, together with breach of warranties provided as part of the deal.

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Formula One, the world’s premier motorsport championship looks likely to be plunged into a legal battle soon after a prospective buyer of the Force India F1 team considers suing administrators over “serious concerns about the conduct of the bid process.”

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Latest News

  • 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. Why should I consider BTE insurance? Legal expenses insurance such as BTE is available so that in the event you require legal advice, the legal expenses insurance will cover the cost of that advice. A solicitor or law firm should... Read More

  • In news that has pleased the stock market in London, litigation funding providers Burford Capital have recently announced that the class action claim made by its investors has been abandoned. The class action claim had originally been made via by New York based investor claims specialists Rosen Law, with the legal action alleging that Burford, one of the world’s largest litigation funders, had made false and/or misleading statements on its financial returns. Burford had strenuously denied making any such false statements and denied that their business was facing financial difficulty. Burford reported to the London Stock Exchange in early January that the US securities action filed in August last year has been withdrawn and dismissed in its entirety. Burford also confirmed that there was no further litigation pending against it at present, other than ‘ordinary course skirmishing’ within a small number... Read More

  • One of the UK’s largest class action claims has recently settled after three years of legal argument and rancour. The parties in the Bates v Post Office group litigation announced in early December that the claim has been settled, with the Post Office admitting “we got things wrong in our dealings with a number of postmasters”. A joint statement issued by both parties said that several days of ‘respectful, challenging, and ultimately successful mediation’ had successfully concluded in a ‘comprehensive resolution’ to the litigation’. The mediation was championed by Post Office CEO Nick Read, with the claim being settled for £57.75m. The statement also made clear the Post Office’s gratitude to the claimants, saying that and ‘in the past, we have fallen short and we apologise to those affected’. Commenting further on the mediated settlement, Read added: I am very pleased we... Read More