Guillotine for ATE/CFA recoverability?
A Law Society Gazette report emanating from a recent conference suggested that introduction of a six month time limit is under consideration by MOJ for recoverability of CFA/ATE premiums entered into prior to the 1 April cost reforms.
The radical nature of the reforms, coupled with last-minute rule changes, meant that a surge in such agreements/policies was inevitable and a rational response by Claimant solicitors to the new regime. Moving the goalposts now would be a high risk strategy and probably end up being challenged by way of judicial review. Instead we anticipate a steady flow of these claims, forced into proceedings only where limitation defences dictate.
Please click here to read the article.
Stay connected and subscribe to our latest insights and views
Subscribe Here