Damages: A slice of the cake

Vannin Capital | The Commercial Litigation Journal | January/February 2013 #47
Nick Rowles-Davies assesses the impact of the draft Damages-Based Agreement Regulations There is some force in the argument that acting under a DBA pushes the solicitors closer to being a funder and ‘the real party’ to the proceedings. The Civil Justice Council’s (CJC) working party on damages-based agreements (DBAs) has prompted some debate in the …

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Funding: Counting the cost(s)

Vannin Capital | The Commercial Litigation Journal | January/February 2012 #41
Nick Rowles-Davies discusses the future of third-party funding ‘Third-party litigation funding is the process by which a funder, unconnected to the parties to the litigation, provides the financial resources to a client to pay their legal fees in return for a share of the proceeds of the successful claim.’As law firms try to climb out …

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