Absolute scenes: Freshfields, Willkie and how Merricks v Mastercard bankrolled the litigation market
The Lawyer Podcast
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Merricks v Mastercard: A Landmark Legal Battle
This chapter explores the intricacies of the Merricks v Mastercard case, which began in 2016 over alleged unlawful fees, and its journey through multiple legal challenges and appeals. It highlights the implications of the Supreme Court's decision in 2020 for class action litigation in the UK, including strategies employed by law firms and barristers. Additionally, the chapter examines the controversial settlement of £200 million, the disagreements regarding fund distribution, and the potential impact on the litigation market's future.
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