International Corporate Rescue
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Vol 20 (2023) - Issue 6
Article preview
Litigation Funding in a Distressed Market
Harry Denlegh-Maxwell, Senior Associate, McDermott Will & Emery UK LLP, London, UKSynopsis
The long tail of high interest rates and high levels of inflation has a sharp sting for businesses. With levels of insolvency not seen since 2009, can businesses still pursue potentially business-critical disputes? Will there be an increased appetite from the litigation funding market in the UK to fund such disputes, particularly following the recent UK Supreme Court PACCAR decision?
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