• insights-banner

    In the Press

Global Legal Post quotes James Walton on the CJC's interim report into litigation funding

Earlier this month, the long-awaited interim report into litigation funding by the Civil Justice Council (CJC), was released. The report devotes a considerable amount of space to a comprehensive review of how oversight of funders has operated up to this point.

The report notes that only 16 of the estimated 44 funders in England and Wales belong to the Association of Litigation Funders (ALF) and points to “questions” raised by courts about the “efficacy” of the ALF’s code of conduct. It further questions whether a £500 cap on fines for member misconduct “is able to provide a sufficient deterrent”.

The Global Legal Post covers the release of the report, and features a number of quotes from James Walton, Partner in our Banking & Finance team in the piece. James also write a longer piece on the report, which can be read here for more details on what it contains and the potential impact of reforms on the sector.

James argues that the report makes a “compelling case” for mandatory regulation of litigation funders by highlighting the limitations of voluntary self-regulation. He continues:

Whilst the CJC does not, of course, nail its colours to the mast, the multiple pages of commentary on the inadequacies of a self-regulatory regime put forward a compelling case for some form of mandatory regulation.

Read the full article in the Global Legal Post here.

Our thinking

  • Building Safety and the challenges for UK construction - where are we now?

    David Savage

    Events

  • Women in Leadership: Resilience in Entrepreneurship

    Events

  • Dominic Lawrance and Catrin Harrison write for Tax Journal on the implications of the Court of Appeal judgment in the case of ‘A Taxpayer v HMRC’

    Dominic Lawrance

    In the Press

  • The Telegraph quotes Sarah Jane Boon on Labour’s plans for cohabitation reform

    Sarah Jane Boon

    In the Press

  • Something Changed – Landlord recovers possession of iconic music venue

    Samuel Lear

    Quick Reads

  • Implications of Johnson v FirstRand – will secret commissions pave the way for claims from Auto ABS noteholders?

    Caroline Greenwell

    Insights

  • When is 20% not 20%? The real impact of the proposed changes to business property relief on trading companies

    Sarah Wray

    Quick Reads

  • Joseph Evans, Cassidy Fan and Jessica Boxford write for New Law Journal on the future of insolvency: a digital asset revolution

    Joseph Evans

    In the Press

  • Cohabitation law reform

    Hannah Owen

    Quick Reads

  • Property Patter - Lifetime achievements: Katie Kopec of JLL

    Emma Humphreys

    Podcasts

  • Charles Russell Speechlys finds that Gen Z prioritises financial planning and saving amidst growing economic challenges

    Sally Ashford

    News

  • Law 360 quotes Stewart Hey on the potential integration of the PSR into the FCA and the impact on APP fraud reimbursement

    Stewart Hey

    In the Press

  • Kevin Gibbs and Sadie Pitman write for CoStar on the need for investment in power infrastructure to support new data centres

    Kevin Gibbs

    In the Press

  • New code of practice for the cyber security of AI development

    Rebecca Steer

    Quick Reads

  • Drapers quotes Kerry Stares on the potential for a review of the Modern Slavery Act 2015

    Kerry Stares

    In the Press

  • EU Design Legislation Updates

    Matthew Clark

    Insights

  • The EU Omnibus: resetting the rules on sustainability due diligence

    Kerry Stares

    Insights

  • The Times and Daily Mail quote Dan Pollard on new changes to the Employment Rights Bill

    Dan Pollard

    In the Press

  • Extra Time: The business of women’s football in Africa

    Sarah Johnson

    Podcasts

  • Singaporean Court Declines to Revisit SIAC Registrar’s Administrative Decision

    Thomas R. Snider

    Insights

Back to top