Over 12 months has passed since the removal of the exemption for insolvency litigation from the Jackson reforms brought within the Legal Aid, Sentencing and Punishment of Offenders Act 2012 ("LASPO").
With the premium for After The Event ("ATE") insurance and any success fee/uplift due to a solicitor working under a Conditional Fee Arrangement ("CFA") now being unrecoverable from a losing defendant, this short survey set out to identify the impact these changes have had on insolvency appointments and litigation since April 2016.
Over 500 insolvency practitioners were invited to contribute to the research, creating a clear picture of the impact of these changes.
View the results
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
