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
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
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
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
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
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
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
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
Professional Negligence Risks for Lawyers pre & post LASPO Act
Matthew Amey• January 28th, 2013
I was asked yesterday whether solicitors face a greater or lesser risk of professional negligence surrounding the advice given to clients regarding litigation finance and After the Event (‘ATE’) insurance, once the Legal Aid, Sentencing and Punishment of Offenders Act … Continued