U.K. Litigation Funding Faces Uncertainty as Key Bill Halted Before Election

Litigation funders are facing a period of uncertainty as the U.K. government has decided not to advance the Litigation Funding Agreements (Enforceability) Bill. This proposed legislation was aimed to counteract the effects of a 2023 Supreme Court decision, known as the PACCAR judgment, which rendered many litigation funding agreements unenforceable. The bill’s progress was halted as it was not selected for the ‘wash-up’ period prior to the upcoming general election on July 4. The future of this bill will now depend on the next administrative body. For more details, visit the full article on Law.com.