Erso News & Insights

UK Erso UK Erso

Collective Actions, Costs Exposure and the Price of Inaction in the CAT

As collective proceedings continue to gain traction in the UK’s Competition Appeal Tribunal (CAT), the approach to adverse costs—and how actively parties manage that risk—is coming into sharper focus. A recent costs judgment offers a timely reminder that costs exposure in these claims is not just about headline numbers, but about conduct, strategy, and procedural engagement throughout the life of a case.

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UK Erso UK Erso

No More “Standard” Split: What the Boohoo Decision Means for UK FSMA Securities Claims

For some time, a working assumption has emerged in UK securities litigation: that trials—particularly under sections 90 and 90A of the Financial Services and Markets Act—can be sensibly split, with key claimant issues like reliance and loss deferred to a later stage. However, a recent decision in California State Teachers’ Retirement System v Boohoo Group plc challenges that assumption.

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UK Sarah Breckenridge UK Sarah Breckenridge

How an Evolving CAT and a Post-PACCAR Market Are Reshaping UK Litigation Funding

Litigation funding in England and Wales is undergoing a period of accelerated change, shaped largely by developments in the Competition Appeal Tribunal (CAT). While class action cases in the CAT—especially opt-out claims—may seem a niche concern, the legal and commercial issues arising from them are setting precedents with much broader implications for funded litigation across the jurisdiction.

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