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

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

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