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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Litigation Funding for the Property Industry

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ISBN13: 9781902375366
ISBN: 190237536X
Published: June 2002
Publisher: Chandos Publishing
Format: Paperback
Price: £59.95

Despatched in 11 to 13 days.

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.

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