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Latest News

Reminder: LASPO 2012 insolvency exemption ends on 6 April 2016

In a ministerial statement published on 17 December 2015, the government announced that the reforms to litigation funding in relation to insolvency proceedings will come into force in April 2016 and the all-important date has now been confirmed as the 6th…! (See Article 2 of The Legal Aid, Sentencing and Punishment of Offenders Act 2012 […]

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“Please perform a U-turn when possible” – Damages in Fatal Accident Claims

In Knauer (Widower and Administrator of the Estate of Sally Ann Knaur) v Ministry of Justice [2016] UKSC 9, the Supreme Court has held that the correct date as at which to assess the multiplier when fixing damages for future loss in claims under the Fatal Accidents Act 1976 should be the date of trial […]

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Lightbulb moment: DBAs and the Fixed Fee “grid”

“Remuneration on a time basis rewards inefficiency…” “This inefficiency combined with the complexity and procedure of modern litigation has resulted in a civil justice system which is exorbitantly expensive…” “High litigation costs inhibit access to justice and undermine the rule of law.”   Taken from Lord Justice Jackson’s recent lecture, these form (apparently?) the genesis […]

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Law firms seizing opportunities in the litigation funding game…

Those who read last week’s blog on SBEEA will have noted (we hope!) our suggestion that that firms could seize opportunities to leap into the litigation funding market themselves. Congratulations, therefore, to Capital Law who became the first law firm in the UK to offer large-scale litigation funding, having created a £50 million investment pot […]

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Small Business, Enterprise and Employment Act 2015 (SBEEA) – a thrilling romp for Insolvency Practitioners

SBEEA 2015 is part of a continuing narrative in the UK underpinning its reputation as a pre-eminent centre for law and business.  As with most legislation these days the direction is towards greater harmony with international bodies and laws.  As I awoke bleary eyed at my desk I realised that the Act is never going […]

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