Hits like a truck: The UK Supreme Court rules out funding agreements in the recent PACCAR Judgment
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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 […]