Author : David Horsfall
Publisher : Chartridge Books Oxford
ISBN 13 : 190237536X
Total Pages : 161 pages
Book Rating : 4.9/5 (23 download)
Book Synopsis Litigation Funding for the Property Industry by : David Horsfall
Download or read book Litigation Funding for the Property Industry written by David Horsfall and published by Chartridge Books Oxford. This book was released on 2000-04-30 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The funding of litigation is now a major factor in the property industry. This book examines new legal developments in the field in the UK. The book provides technical detail and also practical examples to ensure the manager is in a better position to negotiate with his/her lawyers. The new Court rules combined with the stated aim of Government policy of removing legal aid and at the same time ensuring access of Justice through contingency fees has meant a revolution in the manner of funding litigation. But this has meant an even more acute conflict of interest between solicitor and client because the lawyer needs to be able to recoup funding the action by taking a share of the proceeds of the claim. The commercial client needs to be aware of the parameters to negotiate the conditional fee agreement. The aim of this book is to: provide a clear outline of the meaning of conditional fees and contingency fees; provide an outline of the costs that may be payable under the new regime; provide a breakdown by way of summary of different types of legal insurance available on the open market including after the event insurance; give an overview of the fast-track, small-track and multi-track procedures; relate litigation to service charge recovery programs for residential and commercial property.