Third Party Litigation Funding - Hardcover

Rowles-Davies, Nick

Hardcover

ISBN 10: 0198715927 ISBN 13: 9780198715924

Publisher: OUP Oxford, 2014

Synopsis

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.

About this title

Review

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.

If your firm is involved in commercial litigation, then you really ought to purchase a copy as no matter how experienced you think you are, you will find something of use. (Christopher Deadman, Litigation Futures Blog)

About the Author

Nick Rowles-Davies is a leading figure in the litigation funding world. He is admitted as a Solicitor in England and Wales, the British Virgin Islands and is an accredited mediator. He has a wide range of experience in commercial and civil litigation issues and in private practice specialised in complex, high value matters that led to his involvement in a number of reported cases in the High Court, Court of Appeal, and House of Lords. He speaks regularly on costs and third party litigation funding. Jeremy Cousins QC, practices in commercial, commercial chancery, professional negligence, and property litigation and is continuously instructed in high-profile and/or high-value cases in these areas. He is well known for his particular expertise in banking and banking related disputes. In 2007 he was appointed to sit as a Deputy High Court Judge in QBD and Chancery matters.

Edition details

• Publisher: OUP Oxford
• Publication date: 2014
• ISBN 10: 0198715927
• ISBN 13: 9780198715924
• Binding: Hardcover
• Language: English
• Number of pages: 288