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Expert Analysis

Examining The State Of Paccar Fixes After General Election

By Ben Knowles ( September 6, 2024, 9:24 AM EDT) -- Last year, in R (on the application of PACCAR Inc. and others) v. Competition Appeal Tribunal,[1] the U.K. Supreme Court held by a 4-1 majority that litigation funding agreements, pursuant to which the funder is entitled to recover a percentage of any damages recovered, are damages-based agreements within the meaning of Section 58AA of the Courts and Legal Services Act 1990 and the Damages Based Regulations 2013....

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