The UK Court of Appeal dismisses a request for appeal as the Tribunal’s funding judgment does not fall within the ambit of section 49(1A) of the Competition Act (DAF)

Following a rolled-up hearing comprising a panel of three judges sitting as both the Court of Appeal and the Divisional Court, a judgment earlier this month has provided helpful clarity on two important aspects relating to the collective proceedings regime: (i) the extent to which litigation funding agreements are subject to regulation concerning damages-based agreements (DBAs); and (ii) the manner in which an interim-issue judgment related to an application for a collective proceedings order (CPO) may be challenged. Background In June 2019, the Tribunal considered the funding and insurance arrangements in two proposed opt-out collective claims following on from the European Commission’s Trucks cartel decision: one brought by the Road Haulage Association’s (RHA) and the other brought

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Hausfeld (London)
  • Hausfeld (London)

Quotation

Luke Grimes, Lucy Rigby, The UK Court of Appeal dismisses a request for appeal as the Tribunal’s funding judgment does not fall within the ambit of section 49(1A) of the Competition Act (DAF), 5 March 2021, e-Competitions February 2021, Art. N° 99816

Visites 98

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues