As we all know, the advent of COVID-19 and resulting lockdown have been unprecedented. The effect on people’s health, both physical and mental, has been particularly evident. The financial consequences, equally for individuals and companies, have also been much debated and are slowly becoming clearer. While we all hope that adverse impacts will be mitigated, … Continue reading Group actions offer justice for all
On 24 January 1848, James W. Marshall discovered gold at Sutter’s Mill in Coloma, California. In the months that followed, California’s population ballooned from roughly 15,000 to 300,000 as migrants from the rest of United States (US) and abroad moved there in the hope of starting anew, working hard and making great wealth. In the … Continue reading Litigation’s premature gold rush: are opt-out representative actions the new norm?
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 has made such decisions more often than most. However, … Continue reading Yes and no: how funders decide
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 … Continue reading To GLO or not to GLO: a funder’s perspective