The country's top court has ruled that damages based agreements by litigation funders in competition cases are unenforceable.
July 26, 2023 at 07:11 AM
4 minute read
Reporter
The original version of this story was published on Law.com International
The Supreme Court has ruled that litigation funding agreements are “unenforceable” in competition cases, in a judgment that could have far-reaching implications for how class action suits are funded.
Four Supreme Court justices dismissed an appeal brought by truck manufacturers as part of the long running litigation on price fixing.
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