Litigation funding and Official Journal of the European Union: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: The Treasurer, 40 Years Edition 2019, May 2019, p45 & ALF webpage http://associationoflitigationfunders.com/litigation-finance/)
 
imported>Doug Williamson
(Removed reference to 'now published' as hard copy finished 1997, removed repetition of Series C)
 
Line 1: Line 1:
''Law.''
The Official Journal of the European Union (OJEU) is the official gazette of record for the EU.  


Litigation funding is where a third party provides the financial resources to enable litigation or arbitration cases to proceed.  
OJEU is the successor to the Official Journal of the European Community (OJEC). It is often abbreviated to "OJ" where the EU context is clear.


The litigant obtains all or part of the financing to cover its legal costs from a private commercial litigation funder, who has no direct interest in the proceedings.  
OJEU is only published online ("e-OJ"). Electronic editions of the OJ (e-OJ) published after 1 July 2013 have legal force ("are authentic"). The paper version no longer has legal force except when the OJ online cannot be published due to IT systems disruption.


OJEU is divided into "series".


In return, if the case is won, the funder receives an agreed share of the proceeds of the claim.  
[http://eur-lex.europa.eu/homepage.html EUR-Lex], European Union law, comprises the EU Legislation series ("L series") and the Information and Notices series ("C series" and its supplements) where other official documents of the EU institutions, bodies and agencies are found.


If the case is unsuccessful, the funder loses its money and nothing is owed by the litigant.
The supplementary "S series" deals with European public procurement. The online version is available at [http://ted.europa.eu/TED/main/HomePage.do TED] (Tenders Electronic Daily).


(Links in this entry are all to the parts of the official website of the European Union http://europa.eu)


== See also ==
* [[Adverse costs award]]
* [[Arbitration]]
* [[Litigant]]
* [[Litigation]]


[[Category:Accounting,_tax_and_regulation]]
==See also==
[[Category:The_business_context]]
*[[European Union]]
[[Category:Compliance_and_audit]]

Revision as of 10:01, 30 March 2016

The Official Journal of the European Union (OJEU) is the official gazette of record for the EU.

OJEU is the successor to the Official Journal of the European Community (OJEC). It is often abbreviated to "OJ" where the EU context is clear.

OJEU is only published online ("e-OJ"). Electronic editions of the OJ (e-OJ) published after 1 July 2013 have legal force ("are authentic"). The paper version no longer has legal force except when the OJ online cannot be published due to IT systems disruption.

OJEU is divided into "series".

EUR-Lex, European Union law, comprises the EU Legislation series ("L series") and the Information and Notices series ("C series" and its supplements) where other official documents of the EU institutions, bodies and agencies are found.

The supplementary "S series" deals with European public procurement. The online version is available at TED (Tenders Electronic Daily).

(Links in this entry are all to the parts of the official website of the European Union http://europa.eu)


See also