Country reports
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England and Wales
Anna Dannreuther
Case law
R (on the application of PACCAR Inc) v Competition Appeal Tribunal 2023 UKSC 28; 2023 1 WLR 2594
On 26 July 2023, the UK Supreme Court (``UKSC") handed down its judgment in R (on the application of PACCAR Inc) v Competition Appeal Tribunal (``Paccar"). The case concerned litigation funding agreements (``LFAs") pursuant to which the funder was entitled to a percentage of any damages obtained. The issue was whether these constituted `damages-based agreements' (``DBAs") and therefore had to comply with formal requirements set out in the Damages-Based Agreements Regulations 2013 (``DBA Regulations"). It was common ground in the case that the LFAs did
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