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Scale of interest rate swaps mis-selling revealed by the FSA
TheJudge February 14th, 2013

The FSA yesterday confirmed that some of the largest banks in the country could be facing significant claims in relation to the latest mis-selling scandal to hit the UK. With banks already preparing to pay out more than £10billion as … Continued

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Will Delegated Authority Have a Role in 2013 and Beyond?
TheJudge February 14th, 2013

Delegated authority arrangements have, to date, been a vital tool in the After the Event (‘ATE’) insurance market. The law firm has the benefit of a fast, efficient and, in some cases, guaranteed method of insuring its cases whereas the … Continued

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New “Fast Track” System in the CAT?
TheJudge February 14th, 2013

Recently, the Government’s BIS (department for Business, Innovation and Skills) announced proposed changes to the way in which competition litigation is dealt with in the UK. One of the proposed amendments is to widen the remit of the Competition Appeals … Continued

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Will Delegated Authority Have a Role in 2013 and Beyond?
TheJudge February 14th, 2013

Delegated authority arrangements have, to date, been a vital tool in the After the Event (‘ATE’) insurance market. The law firm has the benefit of a fast, efficient and, in some cases, guaranteed method of insuring its cases whereas the … Continued

Read this article
New “Fast Track” System in the CAT?
TheJudge February 14th, 2013

Recently, the Government’s BIS (department for Business, Innovation and Skills) announced proposed changes to the way in which competition litigation is dealt with in the UK. One of the proposed amendments is to widen the remit of the Competition Appeals … Continued

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New Opt-Out Collective Actions Regime in the CAT?
TheJudge February 14th, 2013

Recently, the Government’s BIS (department for Business, Innovation and Skills) announced proposed changes to the way in which competition litigation is dealt with in the UK. One of the proposed amendments is to introduce an “opt-out” collective actions regime in … Continued

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Hybrid DBA’s Not Permitted?
TheJudge February 14th, 2013

The Ministry of Justice has now released the final Draft Regulations on Damages-Based Agreements (‘DBAs’). The explanatory note accompanying the regulations states that a DBA is a “no win, no fee” agreement whereby the representative (see the defined term in … Continued

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ALF Increases Capital Adequacy Requirements
Matthew Amey February 13th, 2013

It has been reported in the Law Society Gazette that the Association of Litigation Funders (‘ALF’) is planning to put in place a minimum capital adequacy provision of £2,000,000 for Funder Members. A meeting of ALF members is due to … Continued

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How to: Price Litigation
TheJudge February 12th, 2013

Practitioners face a sea change in litigation from April, as radical changes to the way cases can be funded could see firms take on a greater share of the risk. The new costs budgeting regime also comes into force for … Continued

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