By David Walker, Investment Manager (Solicitor) for Augusta Ventures According to Pythagoras: “The oldest, shortest words – ‘yes’ and ‘no’ – are those which require the most thought.” Litigation funders would wholeheartedly agree when deciding whether or not to fund a case. As the largest funder in the UK by volume of claims funded, Augusta […]
It is undeniable that dealing with multiple claimants is a challenge. One of those challenges is deciding how to structure the litigation. Do you flood the Court and the defendant(s) with separate claim forms for each claimant? Do you choose a claimant who shares the same interests as others in the group to act as a representative? What about bringing a test case?
In a recent Lawyers Weekly live webcast, an expert panel, including Augusta Ventures Managing Director Neill Brennan, explained the contributing factors in determining the commission allocated to funders. In an article following on from the webcast ‘Everything you need to know about class actions in Australia’, Neill explains how litigation funding corrects the power imbalance […]
By James Foster, Samiksha Gosain Introduction While third-party funding has been established for close to a decade in the UK, the funding of international arbitration has become commonplace only more recently. From our own experience at Augusta, we have seen a 100% increase in funding of international arbitration cases over the last two years. Where […]
By Karl Anders, Deborah Brown Private and public sector landlords should take note of a tenant’s recent housing benefit appeal to the Supreme Court. RR v Secretary of State for Work and Pensions  addresses the interaction of housing benefit and other regulations with human rights legislation, and may have a practical impact on tenants’ […]
By Stephen Radcliffe, Carly Thorpe, William Kay The blurred line between jurisdictional and substantive issues In LJH Paving Ltd v Meeres Civil Engineering Ltd  EWHC 2601 (TCC) the defendant sought to resist enforcement of an adjudicator’s decision on the basis that (1) the final account dispute referred to adjudication had not crystallised because (on […]
By David Asker Does providing tenants with the how to rent booklet only apply to tenancies which commenced on or after 1st October 2015? The legislation suggests this, but it’s not entirely clear. However, all of the guidance suggests it is best practise to provide a how to rent booklet before you serve a section […]
By David Asker One issue that is common for empty commercial buildings over the Christmas period is squatters. Every January we see an increase in landlords of commercial premises instructing us to evict squatters, or as we more commonly label them ‘persons unknown’. This is because squatters see empty commercial property as fair game if […]
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A Freshfields Bruckhaus Deringer litigator has exited Fleet Street following the outcome of an internal investigation, just two months after another one of the firm’s former partners was fined by the Solicitors Disciplinary Tribunal over misconduct allegations. Nick Williams has left the firm’s London office; he was promoted in the firm’s disputes group in 2017, […]
The race to become the next leaders of Allen & Overy (A&O) has kicked off, with six candidates throwing their hats in the ring for the senior and managing partner roles. Wim Dejonghe will battle the firm’s current co-head of global banking Philip Bowden for the senior partner spot; Bowden has spent over twenty years […]
Nottingham Law School at Nottingham Trent University (NTU) has launched its new version of the vocational training course for barristers. The Barristers Training Course (BTC) and the LLM Barristers Training Course (LLM BTC) will replace the old Bar Professional Training Course (BPTC). The Bar Standards Board has authorised the change. The 2019/20 fee for the […]
Herbert Smith Freehills has become the latest global firm to appoint a Hong Kong-based leader, after incumbent CEO Mark Rigotti announced he would not be seeking reappointment this year. The firm has announced that Justin D’Agostino will be its next CEO, after the partnership approved his appointment in a vote. He will take over from […]
Sidley Austin has elected 30 new partners, including a lawyer duo in London. Out of the 30 promoted worldwide, Alastair Hopwood in commercial litigation and disputes and Michelle Tong in private equity were the ones given the nod in the City office. Hopwood acts mostly for clients in the banking, financial services, insurance and reinsurance […]
As talk of a potential IPO rumbles on, Mishcon de Reya has confirmed a number of senior management changes amid plans to distribute leadership more widely and provide a formalised structure at the firm. The first change will see current board members Sandra Davis, Nick Doffman and Nick Davis stepping down from their current leadership […]