Litigation Finance: Experts in The Business of Law
Strategic Partnerships Aimed For Success
Litigation Finance: Experts in The Business of Law
Strategic Partnerships Aimed For Success
Strategic Partnerships Aimed For Success
Strategic Partnerships Aimed For Success
We raise litigation funding, manage group litigation cases and advise individual investors that suffer financial loss.
Newport take the legal and financial burden from the individual. By arranging litigation funding, an individual doesn’t have to find the required upfront costs to pursue their claim; Newport manage the claim throughout
We raise litigation funding, manage group litigation cases and advise individual investors that suffer financial loss.
Newport take the legal and financial burden from the individual. By arranging litigation funding, an individual doesn’t have to find the required upfront costs to pursue their claim; Newport manage the claim throughout the process, ensuring the strongest legal representation for each individual client. We work with a number of third-party funders who take a share of the winnings once a successful conclusion has been reached.
NEWPORT LITIGATION
Within Newport we have access to a team of experts with significant individual and knowledge of the transactions that we now advise on. We work together to provide our clients with tailored solutions that meet their unique needs.
At Newport we find solutions for individuals and groups who have fallen victim to flawed investment schemes across a multitude of industries.
Dissecting the detail of each case is crucial and we enjoy the challenge of analysing every minutia. The team has personal and professional experience in litigation and can therefor empathise first hand with the journey you are on.
Newport currently acts for over two thousand people, seeking to negotiate the best outcome for our clients.
Whether it is those who were constructing and marketing schemes that were destined to fail from inception and have left our clients in a significantly adverse financial position, or individual cases where unjust loss was incurre
Newport currently acts for over two thousand people, seeking to negotiate the best outcome for our clients.
Whether it is those who were constructing and marketing schemes that were destined to fail from inception and have left our clients in a significantly adverse financial position, or individual cases where unjust loss was incurred, our clients come from diverse backgrounds but have a common cause in pursuing redress for the loss they have suffered.
Talk to us to help let some of the steam out of your situation.
Previously Newport has achieved significant success in persuading HMRC to lift Follower Notices and Accelerated Payment Notices as a result of recent court cases.
If you’ve received an FN or APN for ANY of your investments and would like us to assess if these have been unlawfully issued by HMRC, please get in touch.
We have made representations in respect of 65 clients who hold an aggregate investment in film schemes of in excess of £210m in the past 2 months where the aggregate tax at stake (which has been potentially unlawfully demanded by HMRC) is in excess of £60m.
Newport is uniquely placed to provide assistance in respect of challenging the legality of payment demands issued by HMRC by virtue of our team’s expertise and our knowledge and experience of the relevant schemes relating to the recent tax rulings. For a free assessment of your position please contact us
Philip Porter is a finance veteran since 1998 in the fields of individual wealth management, tax planning for UK and overseas clients, building a significant client base within business, finance, sports and media, and entrepreneurial communities. In 2012 Philip became a founder and partner of The Newport Group. a tax advisory and litigation management organisation after realising that many of the his clients were stung by badly constructed tax based investment schemes and latterly by financial structures and investment funds that, through no fault of the investors have collapsed. Numerous clients found themselves in complicated tax schemes with ruinous tax liability. It became obvious that the most effective way to progress this was to engage clients into individual groups of those impacted in similar ways so providing litigation management services to help individuals find resolutions and get back on track.
The strategy of strength in numbers when dealing with HMRC proved successful when dealing with the Eclipse tax film case.
The success of this business has built cases for over 2000 people lay in over 30 years of experience in legal, tax and investment structures, financial markets, pension and offshore investments – not to mention the close relationships with many third party specialist law firms and claims management organisations that have a history of financial backing to find settlements and solutions for people who have sometimes lost hope.
In 2024 Philip expanded his services in consultancy and began NAFETS . Through NAFETS Philip works for varied investors in emerging markets including Saudi Arabia, India and Nigeria. Current consultancy include providing private tax advice in the UK for investors, property development in UK, agricultural development for small business and putting his clients with problems with the right team to give them solutions. Whether they be legal, financial, tax, or property planning through application and appeal if necessary.
Phil is married with four children including his four legged golden retriever son Huxley. He spends his time between London, Henley and the Algarve. He enjoys snooker, football, shooting and good old rock n roll.
Philip has recently been appointed Investment Director to BA Partnership; sponsors Maidenhead United FC, and supports the charity CALM
On 6 June 2024, Baker McKenzie, Ankura, Henderson Chambers, Fladgate LLP and Shieldpay hosted the panel, “The Next Wave of Mass Claims: Future Trends in Group Litigation” as part of London International Disputes Week 2024.
Mark Banks (of Baker McKenzie), Nadia Osborne (of Fladgate), Adam Heppinstall KC (of Henderson Chambers), Robert Jones (of Ankura) and Claire Van der Zant (of Shieldpay) spoke at the event and provided their insights into the themes shaping the mass claims space. Here we discuss the key takeaways from their discussion.
Read More:
Courts around the world are handling an increasing number of climate and environmental cases due to the urgent need to combat worsening warming and ecosystem destruction.
As of December 2022, 2,180 climate-related cases had been filed in 65 jurisdictions, including international courts and tribunals, according to the UN’s 2023 global climate litigation report. People and organisations – including communities, cities, environmental groups and young people concerned about their future – are bringing lawsuits against their governments.
https://theconversation.com/three-secrets-to-successful-climate-litigation-224045
Newport originated the Eclipse claim and was delighted to instruct Edwin Coe. The case was borne out of a tax challenge representing a group of individuals who faced ruinous tax liabilities as a result of the failed Eclipse investment.
As with the Mr Bates vs Post Office these individuals have faced many years bringing the big corporate (HSBC) to court resulting in bankruptcies and suicides in the pursuit of justice.
Thanks and recognition must go to the Legal team at Edwin Coe and 3 VB who have been thorough and tenacious in representing these claimants. In addition a light should shine on Therium for providing the funding for the Eclipse case (they also funded the Bates case).
The Upham vs. HSBC is the first case of its kind that alleges the bank knew the Eclipse transaction was flawed from the outset.
We will watch with interest when the case starts on 22nd January 2024.
Newport has identified a series of other failings in similar structures and we hope justice is brought to all of these investors.
#Eclipsefilmpartenrship#edwincoe#therium#litigationfunding#newportlitigation#justice#HSBC#Upham#BBC#Bates
HSBC has filed their defence to the “Eclipse” claim brought against them by the Eclipse investors with the support of Edwin Coe and Newport Tax Management. This brings us to the next stage of the case, with a first hearing expected in the summer. This is just one of many cases Newport have been instrumental in putting together.
https://www.law360.co.uk/articles/1345990
Over three quarters of pension transfers in December raised red flags for potential fraud. This is an unfortunate and growing trend. What is surprising is that people are still being advised to transfer out of Defined Benefits schemes and into something that is totally unsuitable for them.
Newport have been aware of this for some time now and are actively working with best in class CMCs and litigation lawyers putting together groups who have previously been involved in one of these scams. If you’ve been given poor advice and transferred your pension into something that has failed, please get in touch with us
Unfortunately this is the tip of the iceberg. Too many retail investors have stories of how life savings and transferred pensions have been lost through exposure to some offshore companies allowing poor investment products and funds layered with hidden commissions and marketing fees to be accessed through their portfolio bonds.
The hidden charges resulting in massive early termination fees is also at the heart of another high profile case involving a professional footballer being heard at the moment. We can expect to see more cases to follow as hundreds of millions of pounds has already been lost.
I shall be watching the lead by Signature Litigation with interest as the Manx court hopefully starts the process of clearing up the mess in its back yard.
https://henrytapper.com/2024/04/13/offshore-scamming-business-closer-to-home-than-you-think/
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Newport Litigation is a limited company registered in England and Wales under company number 14995565
It is not a law firm, is not regulated and does not provide legal, claims management or other regulated services or advice.