Tag Archives: Woodsford
Woodsford Awarded $1.8MM in Hosie Rice Claim
In most cases, the relationship between law firms and litigation funders is mutually beneficial, as they work together to help clients reach a successful conclusion to their lawsuit. However, the resolution of a long-running dispute between Woodsford and Hosie Rice over unpaid fees acts as a reminder that a breakdown in this relationship can lead…
Woodsford Pursuing Sale of US Passive Investments Portfolio
A recurring theme at industry forums and conferences over the last year has been the need for a secondary market for litigation finance, providing investors with alternative exit routes and allowing funders to raise additional liquidity. Whilst most of these secondary transactions go under the radar, a new story reveals that one of the leading…
Woodsford-Funded Class Action Against Ardent Leisure Reaches $26M Settlement
The power of litigation funding to drive successful outcomes for shareholder-led class action claims has once again been demonstrated, as a Woodsford-funded action has achieved a settlement with one of Australia’s largest leisure companies. …
Woodsford Funds Class Action Against IG Markets Over CFD Products
Class actions remain one of the most powerful tools for individuals to seek legal redress against major corporations, especially when it comes to the world of retail investors who are engaging in a market that is significantly imbalanced against them. In another example of this trend, we have seen a second funded class action brought…
Woodsford-Funded Class Action Targets Three UK Lenders
Despite the recent Supreme Court decision, class action cases still represent a prime opportunity for litigation funders in the UK, with another lawsuit having recently been filed that seeks accountability from three financial institutions over their alleged anti-consumer practices….
Using Litigation Funding to Create a Mutually Beneficial Relationship Between In-House and Outside Counsel
The benefits of litigation funding are often discussed in singular terms, such as how outside capital can benefit a corporate legal department or how it can act as a powerful tool for law firms. However, it is also important to consider how third-party funders can benefit multiple parties at once and create a more mutually…
RORO CAR SHIPPERS FAIL IN THEIR ATTEMPT TO LAUNCH UK SUPREME COURT APPEAL OF CARTEL CLASS ACTION CERTIFICATION
In a huge boost to the hopes of millions of UK consumers who stand to gain from a Woodsford-funded collective action against five large shipping companies who engaged in an anticompetitive cartel, the UK Supreme Court announced yesterday that it had refused to allow a further appeal against certification of the collective action to proceed.
Woodsford-Funded Claimant Awarded £12.6 Million in Damages in Scottish Court
The harmonious relationship between a funder, a law firm and the claimant is at the center of the ongoing success of the litigation finance industry. However, as a recent judgement demonstrates, there are occasions where funders must support claimants who have been failed by their legal counsel, and as a result, lost out on a…
Woodsford-funded Class Action Against Rail Companies Expands its Scope
The UK’s Competition Appeal Tribunal (CAT) has become a hotbed of activity for class action style lawsuits, as consumers look to achieve legal and financial redress against powerful companies. Many of these claims would not be able to succeed without the support of litigation funders, as is once again being demonstrated in a claim brought…
Dutch class action progressing against Airbus relating to large-scale corruption and bribery
For many years, Airbus allegedly facilitated large-scale bribery and corruption in its aviation business. Airbus did not adequately inform the investing public about its wrongful conduct. Investigations by various authorities subsequently resulted in Airbus having to pay a fine of approximately € 3.6 billion (US$ 4 billion).
