David Greene, NLJ columnist and senior partner at Edwin Coe, writes in this week’s issue that ‘litigation funding is coming under ever closer scrutiny—derived perhaps from its success—and faces challenges in its structure and workings that will cause changes and, perhaps for some less robust funds, demise’.
Looking into the implications of this, Greene notes that the Post Office sub-postmasters’ litigation ‘would not have seen the light of day—at least in the dramatic way it did—but for the funding from litigation finance provider Therium’.
He also covers the Voss Report in Germany, the approach the authorities take to the regulation of litigation funding in other jurisdictions such as Australia and Ireland, and the approach likely to be taken in the UK.
