Litigation funding

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The Competition Appeals Tribunal (CAT) has approved the £200m settlement between Mastercard and Walter Merricks, in a claim initially valued at £14bn.

How will you spend your £4 Mastercard pay-out? Professor Dominic Regan, NLJ columnist, AKA 'The Insider', writes that the result of the collective action once put at £10bn and later settled for £200m renders it a ‘pointless exercise’.

How will you spend your £4 Mastercard payout? Dominic Regan tots up collective action anti-climaxes & laments expectation versus reality

The deadline for submissions to the Civil Justice Council’s (CJC) consultation on litigation funding, including third party funding, has been extended by one month

Should third-party funding be regulated? If so, how and by whom? This is just one of many thorny questions likely to occupy the minds of litigation lawyers in the year ahead, David Greene, NLJ consultant editor and senior partner at Edwin Coe, writes in this week’s issue.

David Greene anticipates attempts to make the litigation process more efficient and less costly…and make or break for litigation funding

Former financial services ombudsman Walter Merricks’ class action against Mastercard has entered unprecedented territory after the litigation funder opposed a potential settlement.

Lawyers have been asked for their views on third party funding for the next stage of the Civil Justice Council (CJC) review

Christmas has come early for litigators & it’s all about the money! Dominic Regan shows he’s no turkey as he shares a feast of legal gems in this month’s exposé

Lies cost, as The insider, aka Professor Dominic Regan, reports in this week’s column

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MOVERS & SHAKERS

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Slater Heelis—Charlotte Beck

Partner and Manchester office lead appointed head of family

Civil Justice Council—Nigel Teasdale

DWF insurance services director appointed to Civil Justice Council

R3—Jodie Wildridge

Kings Chambers barrister appointed chair of R3 Yorkshire

NEWS

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NLJ this week: Renters’ Rights revolution begins—brace for tribunal chaos

The abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC

NLJ this week: Civil procedure gets a spring overhaul

Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation

NLJ this week: Why GP complaints are going nowhere

Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group

NLJ this week: Prenups meet a jurisdictional brick wall

A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision

NLJ this week: Has Rylands v Fletcher come back from the dead?

An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading

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Litigation funding

MOVERS & SHAKERS

Slater Heelis—Charlotte Beck

Civil Justice Council—Nigel Teasdale

R3—Jodie Wildridge