Third Party Litigation Funding
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Product details:
- Publisher OUP Oxford
- Date of Publication 30 October 2014
- ISBN 9780198715924
- Binding Hardback
- No. of pages316 pages
- Size 254x183x23 mm
- Weight 698 g
- Language English 0
Categories
Short description:
The first comprehensive, one-stop reference guide to third-party funding to help practitioners in preparation for seeking funding and in their decision making.
MoreLong description:
The use of third-party funding in the UK has been increasing and has moved into the mainstream as a funding option for clients involved in litigation, particularly following on from the positive endorsement of litigation funding by Lord Justice Jackson in his Review of Civil Litigation Costs where he said: 'I remain of the view that, in principle, third-party funding is beneficial and should be supported.'. This has now culminated in the formation of the Association of Litigation Funders to monitor compliance and the launch of the Code of Conduct for those funding in England and Wales.
This practical guide to litigation funding provides the first comprehensive one-stop third-party funding reference to help practitioners in preparation for seeking funding and in their decision making. It examines the impact of the Jackson Reforms and Damages Based Agreements as well as the Code of Conduct and the Association of Litigation Funders. It would also include practical examples and a review of notable cases, including the important decisions of Gulf Azov Shipping, Arkin, London & Regional and Merchantbridge and their impact on funders, solicitors, and clients.
Commercial lawyers - in particular those with larger corporate clients - will need to acquire an in-depth understanding of the processes, procedures, and guidelines involved in litigation funding which this book amply provides with insight and clarity [...] The book certainly provides practitioners with valuable guidance on, we would assume, every pertinent aspect of third party litigation funding, including how it works, its history and development... and why, when and when not to implement it [...] This well written and accessible volume [is] indispensable for all commercial practitioners and indeed anyone pondering the pros and cons of litigation.
Table of Contents:
Introduction and background
History and development including legitimacy and restrictions
Use of funding including a look at the international landscape
Funder models
The Funding Process
Costs and Insurance
The Jackson Reforms and advent of DBAs
Group Litigation
Professional Obligations
Funding and the Future
