By Nick Rowles-Davies On 2 June 2025, the Civil Justice Council (CJC) published its Final Report on litigation funding in England and Wales. Commissioned by the Lord Chancellor in the wake of the UK Supreme Court’s landmark decision in R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28. The report is the most comprehensive examination of litigation funding in ...
By David Standish Court Appointed Receivership (“CAR”) is a flexible, protective measure under English law aimed at the securing, preserving, and potentially recovering assets of a company, an individual (or both) which are subject to Court proceedings. The English Court has the jurisdiction to appoint a Court Appointed Receiver (“Receiver”) in all cases where it is persuaded that it is just and convenient to do so. This is a ...
Class Representative in Ennis v Apple — Competition Appeals Tribunal The litigation funding industry has evolved dramatically over the past 25 years, and nowhere has this evolution been more visible than in the Competition Appeals Tribunal (CAT). At the heart of one of the most significant competition law cases currently before the CAT stands Dr. Sean F. Ennis, an expert on management, strategy and economic policy whose unique background spans ...
By Nick Rowles-Davies The Middle East is rapidly emerging as one of the most dynamic and promising regions in the global legal funding landscape. With maturing legal systems, growing international arbitration hubs and increased awareness of third-party funding (TPF), funders are finding the Gulf Cooperation Council (GCC) jurisdictions—particularly the UAE, Saudi Arabia, Qatar and Oman—ripe with opportunity. Yet, the region’s unique legal, cultural and regulatory landscape poses specific challenges that ...
By Gabriel Olearnik Litigation finance has quietly become the first step for a growing number of ambitious law graduates. Once considered an odd detour, third-party litigation funding is now an integral part of the legal landscape: “the most important development in civil justice of our times” as Maya Steinitz noted in Havard Law. It has matured into a global industry worth tens of billions of dollars, shedding its fringe status ...
By Patrick Rode The European Commission has closed the door on EU-level regulation of third-party litigation funding – at least for now. Commissioner Michael McGrath's announcement this week that the Commission will “prioritise monitoring” rather than legislating marks a significant victory for the funding industry and closes a chapter of regulatory uncertainty that has shadowed the sector for years. The Road to “No Regulation” The decision represents a notable retreat ...
By Nick Rowles-Davies Following the 2024 election, Republicans gained control of both chambers of Congress and the presidency. Rather than pursue piecemeal legislation, they advanced a comprehensive reconciliation package—H.R. 1—known as the One Big Beautiful Bill Act (OBBBA). President Trump signed the bill into law on July 4, 2025, permanently extending many provisions of the Tax Cuts and Jobs Act (TCJA) while introducing significant new tax and spending measures ...
By Stuart Hills Recently, we have seen several stories of legal finance funds expressing an interest in buying stakes in law firms. Buying into a Managed Services Organisation, the back office functions of a law firm, is one thing. But do we really think it is a good idea for legal finance funds to own stakes, minority or majority, in the law firm itself? In the UK, the Legal Services ...