Litigation Funding Agreements (Enforceability) Bill 2024
The government has introduced the Litigation Funding Agreements (Enforceability) Bill into Parliament.
Applies to England and Wales
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The Litigation Funding Agreements (Enforceability) Bill addresses the implications of the UK Supreme Court judgment in R (on the application of PACCAR Inc & Ors) v Competition Appeal Tribunal & Ors [2023] UKSC 28.
The new legislation, which will apply to all applicable proceedings, will allow the government to deliver a return to a litigation funding regime which promotes access to justice, as well as enhancing the competitiveness of the jurisdiction.
The Bill will extend and apply to England and Wales only.
Access to justice is a core pillar of our legal system and key to our jurisdiction’s world-leading position. Litigation funding agreements have enabled claimants to seek redress over unequal pay, faked diesel emissions and overcharging by mobile phone networks, as well as the sub-postmasters’ heroic fight. The new Bill will restore a vital avenue to justice for all deserving claimants, not just those with the most resources.