Funder seeks judicial review of Merricks distribution

Innsworth Capital has launched a new bid to increase its return from the GBP 200 million Merricks v Mastercard settlement. Innsworth Capital has applied for judicial review of the distribution of the GBP 200 million settlement which resolved the class action between Walter Merricks and Mastercard for interchange fee overcharging. The litigation funder has not challenged the settlement itself, despite its outspoken objection to the deal, which was announced at the end of 2024 and approved b