Following the justice secretary Alex Chalk’s op-ed in the Financial Times on the importance of protecting litigation funding, Therium Chief Investment Officer Neil Purslow wrote a letter to the editor correcting misconceptions about litigation funders’ fees.
The letter explained that poor regulation could be detrimental to access to justice and could encourage defendants to fight every point in order to drive up costs, like the Post Office did in order to quash the case.
Putting defendants on the hook for funding costs would disincentivise egregious litigation tactics and improve compensation for victims.
Read the letter here.
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