Hits like a truck: The UK Supreme Court rules out funding agreements in the recent PACCAR Judgment
Even though the decision of the Supreme Court of the United Kingdom (“UKSC”) of 26 July 2023 in R (on the application of PACCAR Inc and others) v Competition Appeal Tribunal and others[1] to qualify certain types of litigation funding agreements (“LFAs”) as damages-based agreements (“DBAs”) within the meaning of Section 58AA(7) of the Courts […]