Annabel Thomas, who recently joined Mishcon de Reya's Fraud Defence Group as Partner, participated in a panel discussion this week on litigation funding in civil and common law jurisdictions, as part of the British Institute of International and Comparative Law's (BIICL) forum on Funding Collective Redress.
The panel, held on 2 July and attended by lawyers and academics from a number of jurisdictions, considered whether litigation funding can be used freely across Europe and looked at the different models that are currently in use across the continent. Questions were raised in relation to funding limitations and whether these have an effect on "access to justice". The panel also looked at funding structures outside of Europe and reflected on the lessons that can be learnt from these.
Annabel said: "The growing interest in litigation funding was reflected in the high turnout for this event, with attendees from a number of jurisdictions. The consensus was that funding is becoming increasingly mainstream, with clients relying on their lawyers to be fully informed as to all their possible funding options".
The panel also included Frederic Pelouze, Founder of litigation funding company Alter Litigation, and Ben Rayment of Monckton Chambers.