Test case for disclosing identity of litigation funders
Stuart Barrie Wall v The Royal Bank of Scotland plc  EWHC 2460 (Comm), 7 October 2016
The Commercial Court had to consider RBS’ application for an order to disclose the identity of Mr Wall’s third-party litigation
funders, so as to enable RBS to apply for security for costs from those funders pursuant to CPR r.25.14(2)(b), being third
parties who have “contributed or agreed to contribute to the claimant’s costs in return for a share of any money or property
which the claimant may recover in the proceedings”. Without knowing the identity of those funders (if any), RBS was effectively
precluded from protecting its financial position in the main proceedings.