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No cap on liability for costs as court clarifies litigation funding precedent

By Kyriaki Karadelis

26 February 2020

No cap on liability for costs as court clarifies litigation funding precedent Pounds sterling / iStock.com/MarioGuti

A litigation funder that financed failed breach of duty and conspiracy claims against administrators and a secured creditor, should not have its liability for costs capped, a UK appeals court has ruled, clarifying an earlier precedent.