Offline Website MakerNews on legal costs, funding, ATE insurance, claims, Jackson reforms, dispute resolution and litigation. Written by journalists and expert commentators.
The founders of the world’s largest litigation funder, Buford Capital, each became nearly £60m richer this week after selling some of their shares for the first time since launching the company in 2009. Chief executive Christopher Bogart and chief investment officer Jonathan Molot sold a third of their holdings.
A circuit judge was wrong to have a private conversation with one party’s counsel during the trial, but his actions did not amount of apparent bias, the Court of Appeal has ruled. He did so to thank counsel and his chambers for giving his daughter a mini-pupillage the previous summer, but then briefly discussed the case too.
The government has rejected the view of MPs that there is insufficient evidence to change the way the personal injury discount rate is calculated. But it agreed to “develop further” the existing evidence base ahead of setting the rate in the first review.
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