Litigation partner Jeremy Andrews spoke with The Times about the ongoing uncertainty in the UK litigation funding market following the Supreme Court’s Paccar ruling and the government’s delay in introducing legislative reform.
The article highlighted concerns that the lack of clarity is deterring investment and pushing funding activity towards more predictable jurisdictions such as Singapore and New York, with knock-on effects for access to justice and the UK’s position as a leading disputes hub. Andrews underscored how that uncertainty is affecting funders’ willingness to invest.
“The real impact is one of uncertainty for prospective funders, which affects investment appetite,” said Andrews. He noted that the cost of funding is rising, with those willing to fund requiring a greater multiple of returns on capital deployed.
