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Article 6 mar 2020
Proposed changes to Northern Ireland discount rate expected
Developments in relation to proposed changes to the discount rate in Northern Ireland have long been awaited and whilst the rest of the UK has forged ahead implementing new methodologies to their discount rate, the lack of any government in Northern Ireland led to uncertainty and complaints of discrimination by claimant representatives.
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Article 23 ago 2019
New Commercial Hub introduces a more efficient disputes system in Northern Ireland
The rules surrounding commercial disputes in Northern Ireland (NI) are going through a period of significant change. This principally involves the creation of a specialist court with new case management rules aimed at resolving cases more quickly and cost-effectively, as well as improving commercial clients’ general experience of the litigation process.
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Article 15 jul 2019
The new discount rate: a minus move
After a long reform process lasting nearly two and a half years, the Lord Chancellor has today finally determined a new personal injury discount rate of minus 0.25% effective from 5 August 2019.
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Article 21 jun 2019
Personal Injury Brief market insights – June 2019
A summary of key developments including the Law Commission’s response to the AV consultation, government plans to regulate the fourth industrial revolution, the extension of the fixed recoverable cost regime, an update on the discount rate in Scotland, insurer reporting provisions and an awaited appeal to decide the extent of an employers’ liability for their employees actions.
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Article 19 jun 2019
The new discount rate in Scotland unlikely to be positive
The Scottish Government has announced that the Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 (the Act) will come into force on 1 July 2019, triggering the UK Government Actuary's Department (GAD) to start work assessing a new Scottish rate.
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Article 2 abr 2019
Preparing for a positive discount rate: some predictions
The then-Lord Chancellor’s announcement on 27 February 2017, to reduce the discount rate from 2.5% to minus 0.75%, surprised those representing both claimants and defendants and has led to overcompensation in many cases. Fortunately, the Civil Liability Act 2018, which reforms how the discount rate is set, received Royal Assent on 20 December 2018, and should restore fairer compensation levels.
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Article 6 mar 2019
Personal Injury Brief market insights – March 2019
A summary of key developments, including an update on the Civil Liability Act (whiplash claims and discount rate review), the small claims track, post-implementation review of LASPO, Scottish civil justice reforms, online court modernisation, regulation of claims management companies, the McKenzie Friends consultation and the review of ADR within the civil justice system in England and Wales.
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Case review 28 fev 2019
Should claimants be feeling insecure about periodical payments due to Brexit?
The question whether periodical payments by a 'passported' insurer are ‘reasonably secure’ pending the unknown future outcome of Brexit was considered in a recent case. The parties were agreed that the answer was in the affirmative, but the court had to satisfy itself when approving the settlement.
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Article 25 fev 2019
Online courts: a report on the first International Online Courts Forum
A report on the first International Online Courts Forum held in London in December 2018. The forum was organised by HM Courts & Tribunal Service (HMCTS) and SCL, a charity committed to greater understanding of the impact of IT on law and legal practice.
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Article 20 fev 2019
Discount rate - the light at the end of the tunnel
The road to reform on the personal injury discount rate has been long and winding but Deborah Newberry, our Head of Corporate and Public Affairs, suggests with the strict timetable in the law there is a light at the end of this tunnel.