Collective action

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Representatives for Walter Merricks’s £17bn ‘opt-out’ claim against Mastercard have launched the biggest public noticing campaign in legal history.

Mastercard has lost its latest appeal against the Competition Appeals Tribunal (CAT) decision to certify an ‘opt-out’ class action.

Mastercard has been refused permission to appeal the Competition Appeal Tribunal (CAT) judgment greenlighting the claim in the mammoth class action launched by former Financial Ombudsman Walter Merricks.

They’re massive, big money, headline-grabbing and share-price rocking—and possibly coming to a court near you! At least, that’s if the Competition Appeal Tribunal (CAT) continues on its current path of greenlighting opt-out collective proceedings.

The Competition Appeal Tribunal’s desire to breathe life into the collective proceedings regime is clear from its CPO approval rate & reluctance to strike out or summarily dismiss claims: Cameron Laing assesses the impact of its approach thus far

A brave new world? In the final update in this series by Penningtons Manches Cooper, Tom Stables & David O’Brien mull the future of group actions

A date has been set for the first stage of a gigantic opt-out class action against Facebook (now known as Meta), worth a potential £2.2bn

Law firms and entrepreneurs have backed the launch of an online platform designed to facilitate group actions

In the second of a special three-part series by Penningtons Manches Cooper, Colin Hayes considers developments on costs sharing in group actions

Eleanor Leedham reports on lessons learned from Mr Merricks’ multi-billion-pound action against Mastercard: what could this mean for other collective proceedings?

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MOVERS & SHAKERS

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Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS

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Conveyancers celebrate U-turn over mortgage handbook fee

Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook

Are you suited to a career in prosecution?

The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors

LSB marks Mazur homework

Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)

NLJ this week: When AI hallucinates, lawyers risk real-world sanctions

The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools

NLJ this week: Stuck in the past?

The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness

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Collective action

MOVERS & SHAKERS

Freeths—Ruth Clare

Farrer & Co—Claire Gordon

mfg Solicitors—Neil Harrison