In January 2013 three draft Statutory Instruments (SIs) were laid before Parliament which implement key aspects of the Jackson reforms to civil litigation.
In particular, these SIs outline the new arrangements which are to govern Conditional Fee Agreements (CFAs) and Damages Based Agreements (DBAs) entered into on or after 1 April 2013 and amend the rules relating to offers to settle.
Shepherd and Wedderburn's Litigation practice has produced a briefing note that summarises the impact of the draft SIs on commercial litigation in England and Wales. For a general overview of the proposed reforms please see our recent bulletin “Dispute funding in England from 2013 – the implications of the Jackson reforms
Please click here for a copy of the briefing paper