Financial Services
Overview
At the forefront of market knowledge and innovative legal change
The London-based members of Crowell & Moring U.K. LLP’s Financial Services Group (FSG) routinely represent major investment banks and financial institutions, commercial banks, alternative capital providers, hedge funds, corporate, and private equity funds. Our FSG practice spans the full range of structural, legal, and documentary considerations that arise in complex financial transactions across all major asset classes. Our experience with sophisticated and specialised financial products allows us to skillfully advise our clients on the development, transaction execution, ongoing legal risk management, regulatory developments, and litigation aspects of their varied transactions. Our team’s wide range of experience provides clients with a unique, cross-practice approach that is essential to their navigation through today’s demanding and complex global market environment.
Insights
Client Alert | 5 min read | 07.10.25
Litigation Funding Waterfalls Are Compliant Post-PACCAR (UK)
In a previous client alert on a recent Civil Justice Council (“CJC”) report on litigation funding in England and Wales we discussed the issue of whether payment waterfalls providing funders with payment priority are compliant with the Damages-Based Agreements Regulations 2013 (“DBA Regulations”), the issue being a matter to be heard on appeal in June 2025. Funders will be pleased to hear that the answer is “yes”. The Court of Appeal has held that the DBA Regulations focuses on whether a funding agreement determines the amount of a funder’s fees by reference to the damages awarded to the successful litigant. The fact that a funder may receive its fees from the proceeds is not enough in itself for the arrangement to fall under the DBA Regulations.
Firm News | 3 min read | 04.01.24
Client Alert | 4 min read | 08.18.23
Change Is a Coming: The Financial Services and Markets Act 2023
Insights
UK Litigation – Class Actions: A New Era in the UK?
|01.22.20
Crowell & Moring's Litigation Forecast 2020
Regulatory Forecast 2016: What Corporate Counsel Need to Know for the Coming Year
|01.19.16
a Crowell & Moring LLP publication
Regulatory Forecast 2015: What Corporate Counsel Need to Know for the Coming Year
|01.31.15
a Crowell & Moring LLP publication
UK’s Competition Law Based Collective Action in the Crypto Space
|08.30.22
Crowell & Moring’s Crypto Digest
Professionals
Insights
Client Alert | 5 min read | 07.10.25
Litigation Funding Waterfalls Are Compliant Post-PACCAR (UK)
In a previous client alert on a recent Civil Justice Council (“CJC”) report on litigation funding in England and Wales we discussed the issue of whether payment waterfalls providing funders with payment priority are compliant with the Damages-Based Agreements Regulations 2013 (“DBA Regulations”), the issue being a matter to be heard on appeal in June 2025. Funders will be pleased to hear that the answer is “yes”. The Court of Appeal has held that the DBA Regulations focuses on whether a funding agreement determines the amount of a funder’s fees by reference to the damages awarded to the successful litigant. The fact that a funder may receive its fees from the proceeds is not enough in itself for the arrangement to fall under the DBA Regulations.
Firm News | 3 min read | 04.01.24
Client Alert | 4 min read | 08.18.23
Change Is a Coming: The Financial Services and Markets Act 2023