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 ...

By Dr Can Eken The PACCAR decision has had a profound impact on the third-party funding market. The Supreme Court held that many third-party funding agreements could, in practice, be rendered unenforceable. Moreover, the judgment did not operate prospectively. It contained no “from now on” limitation, meaning that its effect could extend retrospectively to funding agreements concluded both before and after the PACCAR ruling. This post examines the key aspects ...

By Patrick Rode Germany's Capital Markets Model Case Act (Kapitalanleger-Musterverfahrensgesetz or “KapMuG") has undergone its most significant transformation since inception. Following reforms that took effect in July 2024, the mechanism for bundling securities claims has been fundamentally reshaped – with major implications for litigation funders operating in Europe's largest economy. From Experimental Legislation to Permanent Fixture Originally introduced in 2005 as a five-year experiment to handle mass litigation against Deutsche ...