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    CFA and ATE costs exemption for insolvent companies to be lifted in April 2016
    2016-01-22

    In 2013 as part of the so called “Jackson reforms” to civil litigation, the ability to recover Conditional Fee Arrangement (“CFA”) success fees and After The Event (“ATE”) insurance premiums from other parties in litigation was removed. Insolvency practitioners bringing claims on behalf of insolvent companies were exempt from the application of these new provisions; however the Ministry of Justice announced in December 2015 that the exemption would be lifted in April 2016.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Hausfeld LLP
    Authors:
    Anthony Maton , David Lawne
    Location:
    United Kingdom
    Firm:
    Hausfeld LLP

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