The high-profile claim brought against a car shipping cartel has secured a multimillion-pound proposed settlement with the remaining defendants, bringing the total amount recovered to GBP 92.75 million.

Amid its ongoing battle with Walter Merricks over the Mastercard settlement, Innsworth is funding a new collective action against property behemoth Rightmove over allegedly excessive listing fees.

The CAT has ruled on how the undistributed settlement sums in the Gutmann ‘boundary fares’ case should be allocated – with the Tribunal admitting that the funder, legal counsels and insurers would not ‘receive what they may have hoped’.

Innsworth’s opposition to the Merricks and Mastercard settlement has cost the firm nearly GBP 1 million – but the funder defiantly maintains it is seeking to bring clarity to the class action regime under ‘extraordinary circumstances’.

Stellantis has dropped its UK antitrust claim against the Japanese company over its involvement in an international car parts cartel as the two sides reach a settlement.

The UK CAT has given the go-ahead to two collective claims against the tech giant alleging abuse of its dominant position – but puts the class representatives’ funding agreements under the spotlight.

As litigation funding finds itself becoming a societal and political issue, funders are being encouraged to be more vocal about the role they play – but where do the education gaps lie?

The UK’s CAT has ruled that Visa and Mastercard’s multilateral interchange fees violate UK and Irish competition law.

Delivering his keynote speech at the Global Class Actions Symposium, CAT chairman Andrew Lenon KC warned that collective proceedings must not become a “cash cow” for funders and lawyers.