Category: Business
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AI law firm model targets England and Wales
The billable hour has a new investor-backed problem. Manifest OS, the US company behind an AI-powered law firm model, is preparing to bring its…
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Ted Baker Insolvency Fees swallow up Creditors Cash
Ted Baker’s administration shows how unsecured creditors can recover only next to nothing while insolvency expenses and adviser fees rank ahead. Ted Baker’s collapse…
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Porsche is selling its Bugatti stake, and the lawyers are all over it
Porsche is selling its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, with BlueFive Capital as the largest…
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Fenchurch Legal in Administration
Fenchurch Legal, a litigation funder active in high-volume claims, is facing a winding-up order. The petition was presented by Lowry Trading Ltd, an investment…
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Funding regulation is coming. The harder question is what kind
The litigation funding debate has moved on from whether reform is coming. The government has now made clear it intends to introduce a regulatory…
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California Bill Targets Litigation Funding Control
In the United States, proposed legislation in California aims to impose stricter controls on litigation funding arrangements. The bill focuses on transparency and the…
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UK Litigation Funding Faces Post-PACCAR Reset
After the PACCAR decision, the rules around litigation funding in the UK became much less certain. Litigation funding means money provided by an outside…