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Litigation-funding arrangements are unsuitable for class actions, UK top court rules

( July 26, 2023, 09:52 GMT | Official Statement) -- MLex Summary: Litigation-funding arrangements are unsuitable for competition-law class actions, the UK's Supreme Court has said in a ruling. Truckmaker DAF challenged a 2019 ruling from the UK's specialized competition court that dismissed its bid to invalidate funding for competing mass claims seeking damages on behalf of road haulers over the impact of a Europe-wide cartel.Ruling attached....

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