Third-Party Funders in the U.K. to Face Tougher Rules

    By: LMA International on Feb 12, 2013

    Third-party funders in the U.K. to face tougher rules - Feb 8

    Location: Global

    Category: Ownership and Investment

    The Association of Litigation Funders in the U.K. is introducing tougher rules as a means to protect clients whose cases are funded by third-party litigation funders. The rules will ensure that members hold adequate amounts of capital, requiring funder members to have at least £2 million of capital.

    Source: Law Gazette

    Released: February 12, 2013, 8:36 am | Updated: March 12, 2013, 7:09 am
    Keywords: Industry News | Litigation | LMA Intelligence Brief

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