Brexit effect on the litigation funding market

In the process of Brexit negotiations a lot of attention has been placed on freedom of movement and the status of EU citizens in the UK. There is also a question of what role the European Court of Justice will play in UK law. It is obvious that Brexit will have significant consequences for all sectors and markets, including litigation funding.

As a result of Brexit, the number of funded disputes in the UK is likely to rise. Also, it looks as if English courts will once again be permitted to grant anti-suit injunctions. And it can be a powerful weapon in international disputes. It is also becoming clear that the UK’s withdrawal from the EU won’t affect funded disputes negatively.

Read full article at Lexology.com

Summarized by Natalia Tsar.

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