Third-Party Funding

Jim Diamond discusses a recent UK Supreme Court case on litigation funding with implications for potentially hundreds of cases in the English courts. The UK litigation finance industry has been shaken by the recent decision in the case of R (on the application of PACCAR Inc and others) v Competition

The Law Reform Commission has published a new consultation paper on third-party litigation funding, setting out five possible regulatory models which could be adopted in Ireland. The 207-page consultation document highlights international examples from England and Wales, Hong Kong and New Zealand to

Matheson partners Nicola Dunleavy and April McClements examine upcoming changes to third-party funding of international arbitration. Third-party funding of international commercial arbitration in Ireland was put in question following Supreme Court judgments that third-party funding of Irish court pr

Third-party funding of international arbitration will be legalised in Ireland through an amendment to legislation currently before the Oireachtas, the Department of Justice has said. The restriction on third-party funding will be removed through a government amendment to the Courts and Civil Law (Mi

Law firm DLA Piper has set up a £150 million funding pot and joined the litigation financing market. The firm has struck a deal with a currently unnamed funder to create a fund which will be aimed at clients that want to shift the costs of litigation and arbitration off their balance sheets, T