A key piece of proposed legislation on third-party funding did not become law in time before the Prime Minister’s calling of the general election in May. Speculation is rife that the Conservative Party may revive the initiative if they are victorious in the upcoming UK election. This move could have significant implications for the future of litigation funding in the UK, a practice that allows third-party financiers to cover the costs of legal proceedings in exchange for a share of the winnings.
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