Merchant collective claims against Mastercard and Visa given green light to proceed

In a significant win for UK merchants, the Competition Appeal Tribunal ruled in favour of certifying a set of four collective actions – brought by proposed class representatives Commercial and Interregional Card Claims I and II Limited (“CICC I” and “CICC II”) – against Mastercard and Visa. These claims sit alongside both the individual merchant claims within the “Umbrella Proceedings” and the Merricks consumer collective action.

Structuring funding in representative securities claims

Jenny Morrissey and Edward Argles have written an article on the structuring of funding in representative securities claims for the April 2024 edition of Litigation Funding magazine. The article reviews developments in representative securities claims since the Supreme Court judgment in Lloyd v Google [2021] UKSC 50, which raised the possibility of a ‘bifurcated’ approach to bringing […]

Eight lawyers named in the 2024 Lawdragon 500 Global Plaintiff Lawyers guide

The 2024 Lawdragon 500 Global Plaintiff Lawyers guide is intended to recognise claimant lawyers ‘for the significant role they play in cases of global import’.  Lawdragon note that the named lawyers ‘are standouts in antitrust and competition, investor and shareholder rights, mass torts and aviation accidents’.  Lawdragon select lawyers for inclusion through a process which […]

The Enforceability of Funding Arrangements after PACCAR

The Judgment of the Supreme Court in R (on the application of PACCAR Inc and others) v Competition Appeal Tribunal and others[1](“PACCAR”) provoked litigation funders and class action claimants (amongst others) to reconsider whether their funding arrangements were enforceable. The recent judgment of the Competition Appeal Tribunal (“CAT”) in Commercial and Interregional Card Claims I & II v Mastercard and Visa on the enforceability of funding arrangements, sheds more light on the CAT’s approach in determining whether a litigation funding arrangement is enforceable for the purposes of collective proceedings post PACCAR.

Harcus Parker represents Commercial and Interregional Card Claims I & II at the Competition Appeal Tribunal.

The Lawyer Top 20 Cases 2024

We are pleased to report that Harcus Parker is involved in one of the cases featured in The Lawyer’s recently published Top 20 Cases of 2024.  Harcus Parker acts for the Claimants in Dr Wright & Ors v BTC Core & Ors in relation to various intellectual property claims and are therefore involved in the Joint Trial […]

 Harcus Parker lawyer appointed as legal advisor to the Ukraine Britain Business Council 

The firm is delighted to support the setting up of the Ukraine Britain Business Council (UBBC), and to announce that the firm’s Nataliya Yankovska has been appointed as a legal advisor to the organisation.  The UBBC is intended to help facilitate trade, investment, and the transfer of knowledge through high level partnerships and business in […]

Harcus Parker lawyers provide insight into the Home REIT scandal for Investment Week

Partner Jennifer Morrissey and Associate Edward Argles were quoted in an article published today by Investment Week. Jennifer commented on the recent collapse of a number of Home REIT’s charity / CIC tenants and the rent cover payments they have been receiving from property aggregators who have sold property to Home REIT. Edward commented on […]

Harcus Parker ranked in Spear’s for the third year running

Spear’s has just released its 2023 rankings for the best reputation and privacy lawyers. The index includes details of practitioners who operate in jurisdictions all around the world.  The well-regarded publication recommended Harcus Parker Partner Ryan Dunleavy as a specialist lawyer in the above category, following peer nominations, telephone and face-to-face interviews, data supplied by law […]

Harcus Parker commences collective proceedings in the Commercial Card Class Action

Acting on behalf of the proposed class representatives, Harcus Parker has made applications in the Competition Appeal Tribunal for collective proceedings orders against various Visa and Mastercard entities. The class action relates to the level of the Merchant Interchange Fee Visa and Mastercard have charged to merchants in respect of inter-regional card transactions and/or commercial […]

Quindell Shareholder Action

In 2015, Quindell plc shocked the market by announcing that its £107m profit in 2013 had, in fact been, a £64m loss, and that it had lost £375m in the first half of 2014. Harcus Parker has launched a claim against Quindell (since renamed the Watchstone Group) for institutional investors who allege that they were […]