This article reflects the opinions of its author and not necessarily those of ShareSoc.
Different approaches from SEC and FCA
The Burford and Woodford cases highlight different US and UK practices.
In the US, the Judge explains the role of the litigation funder, justifies its role and why it should not affect his judgement.
In the UK, the FCA, in the case of Woodford and Link, is attempting to work with Link to allow the plaintiff to settle all its compensation claims for what has ...