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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 no win no fee litigation funding

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.

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Pink Floyd legend and multi-instrumentalist David Gilmour has become embroiled in a contract dispute with the composer of a well-known and popular jingle that can be heard at train stations throughout France.

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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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Three senior managers from Tokyo Electric Power Company (TEPCO), the operators of the Fukushima power plant involved in 2011’s nuclear disaster, have been acquitted of professional negligence charges following a high-profile trial in Japan.

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In a decision that could prove to be the final nail in the coffin for much criticised Transport Secretary Chris Grayling, the UK Government must pay £33m to Eurotunnel following the botched award of ferry contracts should there be a ‘no-deal’ Brexit.

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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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Latest News

  • As well as dominating the recent UK news agenda, it would seem that the new life that the Duke and Duchess of Suffolk are planning is already facing a potential legal battle over the ownership of their ‘Sussex Royal’ trademark. Whilst the ‘Sussex Royal’ brand and trademark has already been registered in the UK, within hours of the high-profile couple’s plans being confirmed recently, an application was filed with the European Union Intellectual Property Office (EUIPO) that, if successful, would result in the applicant owning the ‘Sussex Royal’ trademark in all of the 23 EU-recognised languages. The EUIPO trademark request was in German, with English listed as its second language. The rapid filing covers a range of goods under the name of the couple’s website and Instagram feed, including luggage, toiletries, jewellery and beer. Whilst Harry and Meghan can lodge an objection... Read More

  • 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