[58B Litigation funding agreements]
Courts and Legal Services Act 1990 (1990 c 41) | Legislation

[58B  Litigation funding agreements]

[(1)     A litigation funding agreement which satisfies all of the conditions applicable to it by virtue of this section shall not be unenforceable by reason only of its being a litigation funding agreement.

(2)     For the purposes of this section a litigation funding agreement is an agreement under which—

(a)     a person (“the funder”) agrees to fund (in whole or in part) the provision of advocacy or litigation services (by someone other than the funder) to another person (“the litigant”); and

(b)     the litigant agrees to pay a sum to the funder in specified circumstances.

(3)     The following conditions are applicable to a litigation

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