Insolvency: Legal Costs
(asked on 26th October 2015) - View Source
Question to the Ministry of Justice:
To ask the Secretary of State for Justice, what assessment he has made of the merits of third-party funding as an alternative to the current funding regime for insolvency litigation.
This question was answered on 2nd November 2015
An Impact Assessment was published when the Legal Aid Sentencing and Punishment of Offenders Act 2012 received Royal Assent.
The Ministry of Justice is in the process of considering the way forward in relation to the application to insolvency litigation of the no win no fee reforms in Part 2 of the Act.