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FIND OUT MORECommission Recovery Limited (‘CRL’), Marks & Clerk LLP (‘M&C’) and Long Acre Renewals have reached a settlement of litigation concerning payments made by IP renewals service provider, CPA Global, now known as Clarivate, between 14 March 2009 and 1 February 2018. A trial of certain issues had been listed for hearing in January 2025.
The Defendants deny any wrongdoing. However, without any admission of liability, they have agreed to pay to certain clients a percentage of the CPA payments received. The settlement provides for an agreed sum to be paid to CRL in respect of its costs and expenses and the service provided by CRL or a related entity. The proceedings have been stayed.
Peter Rouse, director of Commission Recovery Limited, the representative claimant said:
“I believe that the settlement provides the best achievable outcome for class members. Further litigation would serve only to reduce the potential returns for class members.”
A spokesman for Marks & Clerk LLP said:
“We are glad that these proceedings have been settled so that we can concentrate on our core business and services to clients. We do not accept that the claims were well founded, but are pleased that the litigation has been brought to an end on agreed terms.”
Commission Recovery Limited is represented by Signature partners Daniel Spendlove and Neil Newing, senior associate George Bazinas, and associate Jessica Lowe.
