Group claims Consumer Rights Act 2
015 will increase legal claims,fuelling a litigation-funding i
ndustry that has already amassed £1bn in a few yearsThe US Chamber of
Commerce is lobbying to prevent US-style class actions being brought in the UK c
ourts as litigation funding expands
to promote consumer rights.
Campai
gning under the title Justice not Profit, the organisation is claimin
g that the Consumer Rights Act 2015
will open the door to spurious legal claims that undermine the p
rofitability of commerce.
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Source: theguardian.com