A claim against Sony Group was filed on 19 August 2022 in the UK’s Competition Appeal Tribunal (CAT). The claim is being brought on behalf of UK-based PlayStation users who have purchased digital games and/or add-on content from the PlayStation Store since 19 August 2016. The claim is being funded by Woodsford, the UK’s leading ESG, access to justice and litigation finance business.
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Woodsford
Woodsford Whitepaper on Litigation Finance and Bankruptcy in the United States
by John Freund
written by John Freund
Engaging litigation investment is a fundamental utility for firms navigating the thorny journey of bankruptcy restructuring. Woodsford has published a new whitepaper with insights into the benefits that litigation finance offers during corporate insolvency reorganization.
English Court of Appeal decides that ground-breaking £93m legal claim brought on behalf of rail passengers against train operating companies can proceed
by John Freund
written by John Freund
London’s specialist competition court, the Competition Appeal Tribunal (CAT), decided in October 2021 that a class action should proceed on behalf of rail passengers who are allegedly being overcharged by the Southeastern and South Western rail franchises by not making ‘boundary fares’ sufficiently available. Southeastern and South Western could have taken last year’s decision as a prompt to do the right thing by their customers and offer compensation. Unfortunately, they sought to delay resolution of the case, and ultimately the payment of compensation, by pursuing an appeal.
Video and Whitepaper: Woodsford’s Practical Guide to Litigation Funding
by John Freund
written by John Freund
Court decides that groundbreaking £150m class action on behalf of UK car buyers can proceed
by John Freund
written by John Freund
London’s specialist competition court, the Competition Appeal Tribunal, has today given the green light to a class action on behalf of millions of motorists and businesses, who bought or leased a new car between October 2006 and September 2015, to claim against 5 shipping companies that imported cars into Europe.
Collective Action Likely as UK Customers Overcharged for Car Delivery
by John Freund
written by John Freund
This week, a hearing was held to determine whether a collective action against five car carriers based in Japan, Sweden, and Chile. The action will allege that more than 17 million cars were impacted by a price-fixing scheme run by the five firms that ship internationally. The case is being funded by Woodsford Litigation Funding.
Woodsford announces further international expansion, with a number of key strategic hires
by John Freund
written by John Freund
Woodsford, the global litigation finance and ESG business, has announced further expansion with the appointment of Hon. Michael Barker QC to its Investment Advisory Panel and Deborah Mazer, Hugh Tait, Diane Chisomu and Oscar Moore to its global executive team.
Rail Passengers Cleared to Make £93m Legal Claim for ‘Boundary Fares’
by John Freund
written by John Freund
London’s specialist competition court, the Competition Appeal Tribunal (the “Tribunal”) has given the green light to rail passengers to seek compensation for overcharging by the Southeastern and South Western rail franchises by not making ‘boundary fares’ sufficiently available to consumers. In a judgment delivered today, the Tribunal has ordered that the claims, issued on behalf of millions of rail passengers, can now proceed to trial. The standalone claim was the first of its kind to be filed in the UK and is estimated to be worth around £93m in damages for rail users.
Woodsford ‘Respectfully Disagrees’ with UNCITRAL Working Group
by John Freund
written by John Freund
Litigation Finance powerhouse Woodsford has submitted its response to the Secretariat’s initial draft on the regulation of third-party funding. The proposed reforms include addressing concerns about conflicts of interest, security for costs, or that funders may exert undue influence over decision making or cost-related decisions about the cases they fund.
Vocus Settlement Raises Questions On Future of Lit Fin in Australia
by John Freund
written by John Freund
A recent settlement involving Sydney telecom giant Vocus is raising questions about third-party funding arrangements. The debate between common fund orders (CFOs) versus funding equalization orders (FEOs) reached its apex, when Justice Moshinsky’s ruling resulted in a lower payout to litigation funder Woodsford.
Woodsford Litigation Funding enters the Canadian market with three key hires
by John Freund
written by John Freund
LONDON 11 November 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team and entry into the Canadian market with the appointment John G. Booth, Ekin Cinar and Richard Asselin as Consultants.
LONDON and TEL AVIV – Monday 25th March 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced the opening of an office on Rothschild Boulevard in central Tel-Aviv.
Woodsford Litigation Funding bolsters its presence in Asia with the appointment of former head of the Hong Kong office of Latham & Watkins to its Investment Advisory Panel (IAP)
by John Freund
written by John Freund
LONDON, SINGAPORE, HONG KONG, PHILADELPHIA 30 January 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced that Hong Kong based Simon Powell has joined its Investment Advisory Panel.
Woodsford Litigation Funding announces further expansion with a wave of senior executive appointments and new Hong Kong based addition to its Investment Advisory Panel (IAP)
by John Freund
written by John Freund
LONDON, PHILADELPHIA, HONG KONG 23 January 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team and IAP.
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