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Competition Appeal Tribunal
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Litigation Capital Management disputes termination of its funding deal for a CAT collective action
Litigation Capital Management, the AIM-listed dispute funder, said on October 23, 2026 that a funded party has served notice terminating a litigation funding agreement for a collective action before the UK Competition Appeal Tribunal, alleging LCM breached the agreement. LCM disputes the termination, has hired lawyers and is weighing options with its capital providers. The funder has A$2.7 million of its own capital in the case, and its shares fell more than 40%.
Report (RNS via ADVFN) → · Proactive Investors
Competition Appeal Tribunal publishes judgment approving £260 million Google Play settlement; lawyers take 32% cut
The UK Competition Appeal Tribunal has published its judgment approving a £260 million settlement of Professor Barry Rodger's collective claim alleging Google locked UK Android app developers into the Play Store. Solicitors Geradin Partners and counsel led by Robert O'Donoghue KC will share £12 million, 32% less than they are due, while funder Bench Walk Advisors' profit is cut to £56.2 million. The tribunal found the deal just and reasonable once the risks of trial were taken into account.
Order (Legal Futures) → · MLex
UK Competition Appeal Tribunal will certify revived £306M Apple-Amazon consumer claim, refuses off-Amazon claims
Britain's Competition Appeal Tribunal said it will certify an opt-out consumer collective claim against Apple and Amazon over an alleged 2018 agreement restricting Apple resellers on Amazon's UK marketplace, subject to changes to the funding arrangements and the class representative's pay before any collective proceedings order is made. The tribunal refused to certify claims covering purchases directly from Apple and other retailers, finding they rested on a speculative theory of harm. The judgment, [2026] CAT 75, is unanimous.
Opinion (Competition Appeal Tribunal) → · Reuters, PYMNTS, Shopifreaks