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...Four cases have been selected as so-called bellwether trials but are not expected to proceed this year....
...The couple’s legal team said LCF’s collapse was a “tragedy” but that the litigation “has not been the proper way to wind up the affairs of LCF and London Oil & Gas”....
...The litigation pits his widow Loudmila and their daughter — the claimants — against Bourlakov’s sister, brother-in-law Nikolai Kazakov and another relative....
...Loudmila Bourlakova has made a similar application in relation to her litigation....
...Alex Chalk’s op-ed highlights many of the benefits of litigation funding, including access to justice for claimants, like the Post Office sub-postmasters, in David and Goliath cases (“Cases like Mr Bates...
...That’s because, having lost their livelihoods, he and his colleagues relied on a litigation funding arrangement to bring their case....
...the course of the litigation....
...In this way, the case highlights the difficulties in using climate litigation to change Big Oil behaviour....
...No wonder those making an investment case like to emphasise the funds’ ESG credentials. Litigation finance divides opinion. The Post Office case showed its importance in providing access to justice....
...The 555 sub-postmasters involved in the 2019 High Court case lost much of their £43mn settlement to legal fees and other costs, including to the “no win, no fee” litigation funder in the case....
...“Sometimes it is unclear what is driving a litigation, and only by reading between the lines of a complaint can one attempt to surmise a plaintiff’s true purpose....
...The litigation “will cost millions”, he said, “but we’re not only committed to going all the way, we’re going all the way.”...
...“The settlement reflects [our] desire to avoid the distraction related to protracted litigation in this case,” said the company....
...course of the cases....
...Quantifying litigation liabilities is a mug’s game. In some cases, initial fears turn out to be overblown....
...He is facing a growing pile of legal judgments and costs as he defends against four separate criminal cases, in addition to the civil litigation, while mounting another expensive campaign for the presidency...
...Barclays concluded a realistic worst-case scenario was a few thousand plaintiffs settling in “the high hundreds of thousands of dollars per case”....
...Harbour Litigation Funding is financing a case fronted by former Ofcom official Justin Le Patourel that alleges the telecoms group abused a dominant market position to charge “excessive” prices for landline...
...Bayer is taking a new approach to tackle litigation associated with the Roundup weedkiller it inherited from Monsanto, although details remain vague with about 54,000 cases outstanding....
...Thanks to an obscure Supreme Court ruling last summer in PACCAR, a case brought on behalf of truck hauliers against large truck manufacturers that had previously been in a cartel, the litigation funding...
...Our mutual goal needs to be that this will remain the case.”...
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”....
...However, previously R2 has lost a case in the US. R2 has brought similar patent litigation in the UK. “Intel must refrain from applying the patent in Germany,” the court spokesman said on Wednesday....
...But a decline in those large international cases in recent years has shifted focus towards areas such as compliance and civil litigation.With the new Economic Crime and Corporate Transparency Act coming...
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