ATE Premiums Still Recoverable in Insolvency Litigation
TheJudge• May 14th, 2012
GOVERNMENT ANNOUNCES THAT ATE PREMIUMS WILL STILL BE RECOVERABLE IN INSOLVENCY CASES UNTIL AT LEAST APRIL 2015 The majority of the cost reforms detailed within the Legal Aid, Sentencing and Punishment of Offenders (‘LASPO’) Bill are to come into force … Continued
Poll Suggests SMEs Unaware of Litigation Funding Options
TheJudge• April 14th, 2012
A recent YouGov poll indicates that 52% of SMEs would not consider legal action due to the perceived level of costs involved. Furthermore, 40% of those questioned were unaware that funding arrangements are available in commercial disputes. Whilst this can … Continued
Top Tips: A Winning Application
TheJudge• March 14th, 2012
Whilst there are no hard and fast guidelines as to what information will guarantee an offer of ATE insurance cover or litigation funding, the following tips will help strengthen your application. SUMMARISE THE CLAIM Nothing is more off-putting to an … Continued
Making an Application for ATE TPF. When to obtain Counsel Advice?
TheJudge• March 14th, 2012
A question which is often asked when solicitors call to enquire about making a new application is whether an Advice from Counsel is necessary in order to obtain ATE insurance and/or litigation funding terms. The short answer is “no” – … Continued
Prescott Raises Concerns over Recoverability of ATE Insurance Premium
TheJudge• February 14th, 2012
Former Deputy Prime Minister John Prescott highlights risks in the government’s proposals to scrap ATE insurance premium recoverability. Writing for The Guardian, John Prescott highlighted his grave concerns over the ramifications of the government’s proposals to eradicate the recoverability of … Continued
Daily Mail Editor Comments on CFAs and ATE Insurance
TheJudge• February 14th, 2012
The editor of the Daily Mail last week came out to attack Conditional Fee Agreements (‘CFAs’) and After the Event (‘ATE’) insurance premiums, blaming them for a spike in complaints against the newspaper. Paul Dacre, the editor of the Daily … Continued
Minimising legal cost exposure the savvy way
TheJudge• December 14th, 2011
When representing clients you have many different issues to consider, one of which may be sourcing legal expenses insurance and/or litigation financing. However, searching the market can be a time-consuming and complicated process and consequently it may be easier for … Continued
The Window of Opportunity
TheJudge• December 14th, 2011
At present, a favourable “costs” environment exists for litigants regarding the recovery of own solicitors costs and uplifts, reflected in CFA agreements, and the recovery of ATE premiums. Post Jackson, insurance and funding of own fees is likely to become … Continued
The Importance of Third Party Funding
TheJudge• November 14th, 2011
Trying to fund litigation proceedings can be incredibly difficult for individuals and even for many companies. It can seriously interfere with day-to-day cash flow issues and the financial consequences of a loss can be disastrous, which is why many are … Continued