UK Tribunal Approves £200 Million Mastercard Settlement Despite Funder’s Objection

The UK Competition Appeal Tribunal (CAT) has approved a controversial £200 million settlement in the prolonged Mastercard case, despite objections from Innsworth Advisors, the litigation funder supporting the claim. Innsworth argued the agreed sum was insufficient, but the tribunal endorsed the agreement reached between Walter Merricks CBE and Mastercard. The decision marks a setback for Innsworth, which had been campaigning for a higher settlement amount. For more details on the tribunal’s decision, you can read the full article on Law.com International.