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Date: September 2018

Home » Archives for September 2018

Third party litigation funding market is booming. Published September 2018

24/09/2018

Litigation funding is becoming mainstream according to one of the UK’s leading providers of third-party finance for legal cases.  Burford Capital, which invested over £220m in financing legal cases in the first six months of 2018, says its profits are…read more

Complaints against letting agents increasing says ombudsman. Published September 2018

22/09/2018

Complaints about letting and estate agents rose by 3% to over 3,500, according to The Property Ombudsman’s (TPO) 2017 annual report.  Financial awards jumped by 11% to £1.36 million over the year. TPO is one of two ombudsman services providing…read more

Solicitors face hundreds of negligence claims over failed property schemes. Published September 2018

21/09/2018

Two law firms are facing multiple claims of negligence after investors lost millions on student accommodation and hotels which were never built.  Northampton-based Scott Fowler face 166 claims and Yorkshire-based firm Wilsons 56 claims from disgruntled investors. The buyers, many…read more

Adjudication award did not breach ‘natural justice’. Published September 2018

20/09/2018

Claims that an adjudicator’s decision to award over £600,000 to a contractor breached natural justice have been thrown out by the court.  The adjudicator had rejected both parties’ claims and made an award based on his own interpretation of the…read more

Ombudsman not ready to take on SME complaints says Select Committee. Published September 2018

12/09/2018

The powerful Treasury Select Committee has raised doubts whether the Financial Ombudsman Scheme (FOS) will be ready to take on small business complaints by December 2018.  The deadline has been proposed by the Financial Conduct Authority (FCA), which oversees the…read more

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