Webinar presented by Maurice Power of Ferguson Litigation Funding Limited.
Article published in The Times’ The Brief by The Brief team
More than 90 per cent of insolvency litigation specialists consider using third-party funders in their actions, research published yesterday revealed.
Research by Ferguson Litigation Funding (FLF), has found that, 18-months after the removal of the exemption from the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO), 93% of Insolvency Practitioners say they are more likely to seek third party litigation funding, as supported by the Statements of Insolvency Practitioners (SIP) 2 para 11.
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”).