The decision in PACCAR Inc & Ors, R (on the application of) v Competition Appeal Tribunal & Ors [2023] UKSC 28 has left many third party funders scrabbling around looking for a solution to keep their business models intact. The Supreme Court ruled that litigation funding agreements (LFAs) whereby the third party funder took a percentage of […]
Unlawful DBAs and PACCAR Read More »
With the very large extension of fixed recoverable costs for civil litigation from 1 October 2023, many solicitors will be considering whether their charges to their client should mirror the amount of the fixed recoverable costs (perhaps with a success fee if the matter is being dealt with on a CFA basis). An interesting issue
Fixed recoverable costs and DBAs Read More »
The Damages Based Agreements Regulations 2013 provide for a maximum percentage (by way of fees) that may be taken from the sums recovered by the client (25% for personal injury and 50% for other claims) for claims or proceedings at first instance. The maximum percentage is clearly designed to provide some form of consumer protection,
Damages Based Agreements and consumer protection Read More »
Very interesting podcast on the decision in PACCAR Inc & Ors, R (on the application of) v Competition Appeal Tribunal & Ors [2023] UKSC 28 concerning Damages Based Agreements presented by costs counsel Simon Teasdale.
Podcast on Damages Based Agreements Read More »
