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Litigation funding

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The Civil Justice Council (CJC) has called for light-touch regulation and immediate legislation to reverse PACCAR, in its final report on litigation funding
Tech giant Apple has lost its latest bid to block a multi-million-pound class action by challenging the funding method. 
The Competition Appeals Tribunal (CAT) has approved the £200m settlement between Mastercard and Walter Merricks, in a claim initially valued at £14bn.
How will you spend your £4 Mastercard pay-out? Professor Dominic Regan, NLJ columnist, AKA 'The Insider', writes that the result of the collective action once put at £10bn and later settled for £200m renders it a ‘pointless exercise’. 
How will you spend your £4 Mastercard payout? Dominic Regan tots up collective action anti-climaxes & laments expectation versus reality

The deadline for submissions to the Civil Justice Council’s (CJC) consultation on litigation funding, including third party funding, has been extended by one month

Should third-party funding be regulated? If so, how and by whom? This is just one of many thorny questions likely to occupy the minds of litigation lawyers in the year ahead, David Greene, NLJ consultant editor and senior partner at Edwin Coe, writes in this week’s issue.
David Greene anticipates attempts to make the litigation process more efficient and less costly…and make or break for litigation funding
Former financial services ombudsman Walter Merricks’ class action against Mastercard has entered unprecedented territory after the litigation funder opposed a potential settlement.
Lawyers have been asked for their views on third party funding for the next stage of the Civil Justice Council (CJC) review
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MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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