Lexlaw Limited News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Lexlaw limited. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Lexlaw Limited Today - Breaking & Trending Today
OVERVIEW On Friday 20 October 2023, the Commercial Court handed down judgment in Therium Litigation Funding A IC v Bugsby Property LLC [2023] EWHC 2627 , the first case to address the consequences of. ....
Letter between litigation solicitors not defamatory, judge finds lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
Steve Din, founder of Doorway Capital, said the ruling in Zuberi v Lexlaw Limited is already one of the most important costs judgments of the year, and changes the way clients instruct commercial litigation practices. The ruling effectively ensured that lawyers who had worked on a litigation and were funded through a DBA should still be paid costs despite the client terminating the retainer before the case was settled. It potentially ends almost eight years of reluctance by lawyers and funders to commit to DBAs for uncertainty about their enforceability. Din said the judgment will naturally encourage more lawyers to offer DBAs to potential clients, but should also give litigants a genuine sense of optimism that they might secure the compensation they are entitled to. ....
Lord Justice Lewison, Lord Justice Newey and Lord Justice Coulson dismissed the appeal in Zuberi v Lexlaw Limited and said that London firm Lexlaw should be paid around £125,000 costs for work on a claim against a bank. Its client, Shaista Zuberi, had sought to terminate the DBA before the case concluded, withholding any payment on the basis it was unenforceable. The High Court held that the DBA was not unenforceable as that would be wholly inconsistent with the parliament’s intent when it extended the scope of these agreements to civil litigation in 2013. The Court of Appeal made clear that termination fees are not caught by the DBA regulations, in a ruling that could open the way for many more cases to be funded through this method. ....