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March 27, 2024
Mr Justice Waksman finds Serious Fraud Office must pay 70% of Eurasian Natural Resources Corporation’s costs.
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Claimant wanted order against his former solicitors as protection against future costs demands.
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Reversing PACCAR was the big talking point at the European litigation funding conference. Delegates also appeared relaxed over the prospect of regulation, but not when it came to a cap on fees.
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Officials say pilot findings highlighted need for better engagement with legal aid practitioners.
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Judges say order disclosure of firm’s funding agreement would be ‘appropriate to revisit…relatively shortly, to the extent it is pursued’.
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Judicial Conduct Investigations Office says the recorder had ‘engaged in politically controversial issues’.
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US has three weeks to to comply with High Court ruling, which could lead to final decision in May.
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Claim will end up being worth more than £30m to cover flat purchase and nursing care.
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