About Steven Savage

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So far Steven Savage has created 114 blog entries.

Litigation funding can bridge the widening gap between decreasing legal budgets and ever-increasing law firm fees.

2023-09-28T15:30:00+00:00July 10th, 2023|

Over the last few years, law firms have been attempting to create additional revenue by raising their rates.[1]  At the same, many legal departments are facing decreases in their litigation budgets, with legal departments seeing up to 20% reduction in their budget.[2]  Additionally, the time […]

Woodsford’s global excellence once again recognised by Chambers & Partners

2023-06-29T13:19:34+00:00June 29th, 2023|

We are proud that Woodsford’s international business has again been ranked highly in this year’s Chambers Litigation Funding guide.

We are one of only a handful of funders ranked in the UK, US, Australia, Canada and Europe. Our CEO,

RoRo Car Shippers Fail in their Attempt to Launch UK Supreme Court Appeal of Cartel Class Action Certification

2023-06-02T12:01:52+00:00June 2nd, 2023|

LONDON, 2nd  JUNE 2023. In a huge boost to the hopes of millions of UK consumers who stand to gain from a Woodsford-funded collective action against five large shipping companies who engaged in an anticompetitive cartel, the UK Supreme Court announced yesterday that it had […]

Litigation funding success for Woodsford in significant Scottish case relating to the Hammersmith Ark

2023-05-10T08:30:57+00:00May 9th, 2023|

On 5 May 2023, Lord Ericht of the Scottish Outer House, Court of Session, handed down his judgment in a significant, multi-million pound claim against TLT Solicitors. Lord Ericht ruled in favour of the claimant Centenary 6 Limited (C6), funded by Woodsford.

Woodsford’s cases are often […]

Shareholder Litigation: The Tool of Last Resort (Interview with ESG Investor)

2023-03-31T08:33:26+00:00March 30th, 2023|

Shareholder Litigation

Our CEO, Steven Friel, was interviewed recently by Aaran Fronda of ESG Investor.

Steven explained why investors must actively engage with investee firms to make the downside of bad activity outweigh the upside for potential corporate wrongdoers.

“There is a growing […]

Woodsford supports further major Australian class actions against car manufacturers with claims filed against Hyundai and Kia

2023-02-17T09:59:51+00:00February 17th, 2023|

Hyundai and Kia engine defect class actions launched in Australia

Class actions were filed on Wednesday (15th February) in the Federal Court of Australia relating to defective engines in various Hyundai and Kia vehicles sold in Australia from 2011 to date.

The actions allege that the numerous […]

Woodsford announces further major expansion, with five new hires in the UK and Australia

2022-12-08T16:27:39+00:00December 6th, 2022|

Woodsford announces further major expansion

We are excited to announce a  further major expansion of our global team with the appointment of Jordan Howells as Senior Investment Officer together with three other appointments to our executive team and the addition of […]

Woodsford supports Toyota Diesel Defeat Device class action in Australia

2022-10-27T09:54:26+00:00October 18th, 2022|

Woodsford supports Toyota Diesel Defeat Device class action in Australia.

Woodsford supports another major Australian class action with a claim filed yesterday (17th October) in the Supreme Court of Victoria on behalf of up to half a million owners of diesel-powered Toyota vehicles.

The class action filed […]

Woodsford supports $Multibillion claim filed against Sony Group

2022-10-28T13:00:43+00:00August 20th, 2022|

Woodsford supports $Multibillion claim filed against Sony Group.

Woodsford is proud to support another major UK class action, with a $Multibillion claim filed against UK subsidiaries of Sony Group in the Competition Appeal Tribunal (CAT) on 19 August.

The claim is being brought on behalf of UK-based […]

The Case For Company-Directed Offensive ESG Litigation

2022-10-04T10:38:34+00:00July 12th, 2022|

The Case For Company-Directed Offensive ESG Litigation

In a provocative article published in Law360, Woodsford’s Bob Koneck argues that there is an opportunity for the legal industry to benefit from an ESG paradigm shift — rather than treat ESG litigation as a mere source of liability, companies […]

Litigation Funding 2022 – your updated guide to the developing law and practice of funding in New Zealand

2022-03-21T09:41:28+00:00March 21st, 2022|

Third-party litigation funding is permitted in New Zealand. Although the common law torts of maintenance (assisting a party in litigation without justification) and champerty (assisting in consideration of a share of proceeds of the litigation) have not technically been abolished, the recent attitude of the […]

Court decides that groundbreaking £150m class action on behalf of UK car buyers can proceed

2022-02-18T14:06:22+00:00February 18th, 2022|

Court decides that groundbreaking £150m class action on behalf of UK car buyers can proceed

London’s specialist competition court, the Competition Appeal Tribunal, has today  (Friday 18 February) given the green light to a class action on behalf of millions of motorists and businesses, who […]

Litigation Funding 2022 – your updated guide to the developing law and practice of funding for international arbitration

2022-02-07T10:34:24+00:00February 7th, 2022|

Litigation Funding 2022- your updated guide to the developing law and practice of funding for international arbitration

While international arbitration spans multiple types of claims, overlapping jurisdictions and legal regimes, there are some commonalities to consider. A practitioner considering […]

Litigation Funding 2022 – your updated guide to the developing law and practice of funding in the Netherlands

2022-02-03T12:29:52+00:00February 3rd, 2022|

Litigation Funding 2022- your updated guide to the developing law and practice of funding in The Netherlands

Litigation funding is available and is legally permitted in the Netherlands – both in state court litigation and in arbitration. Litigation funding constitutes a growing field, especially […]

Litigation Funding 2022 – your updated guide to the developing law and practice of funding in Australia

2022-01-28T10:15:11+00:00January 28th, 2022|

Litigation Funding 2022- your updated guide to the developing law and practice of funding in Australia 

The environment for litigation funding is increasingly complex with several recent judicial and legislative developments affecting the conduct of third-party litigation funding. The developments predominantly relate to funding of […]

Litigation Funding 2022 – your updated guide to the developing law and practice of funding in England & Wales

2022-01-24T10:33:45+00:00January 24th, 2022|

Litigation Funding 2022- your updated guide to the developing law and practice of funding in England & Wales

Third-party litigation funding has long been permitted and endorsed by the judiciary and policymakers as a tool of access to justice. Consistent with modern […]

Litigation Funding 2022 – your global guide to the law and practice of funding in 23 key jurisdictions

2022-01-20T11:21:55+00:00January 20th, 2022|

Litigation Funding 2022- your global guide to the law and practice of funding in 23 key jurisdictions.

Woodsford is proud that the 6th edition of Litigation Funding, published by Lexology and edited by our very own Steven Friel and […]

Govia Thameslink Railway to face legal claim worth up to £77m as over 3 million consumers are overcharged for London train fares

2021-11-25T13:33:55+00:00November 25th, 2021|

Govia Thameslink Railway to face legal claim worth up to £77m

The claim, funded by Woodsford, is seeking compensation worth up to £77m for routine overcharging on train tickets affecting an estimated 3.2 million passengers and has been filed against the operator of one of Britain’s […]

Rail Passengers Cleared to Make £93m Legal Claim for ‘Boundary Fares’

2024-05-21T12:16:31+00:00October 20th, 2021|

Rail Passengers Cleared to Make £93m Legal Claim for ‘Boundary Fares’

London’s specialist competition court, the Competition Appeal Tribunal (the “Tribunal”) has given the green light to rail passengers to seek compensation for overcharging by the

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