Asked by: Lord Gold (Conservative - Life peer)
Question to the Ministry of Justice:
To ask His Majesty's Government what steps they intend to take, if any, to mitigate the impact of the Supreme Court's ruling in R (on the application of PACCAR Inc and others) (Appellants) v Competition Appeal Tribunal and others (Respondents) [2023] UKSC 28 on the legal finance sector in the UK.
Answered by Lord Bellamy - Parliamentary Under-Secretary (Ministry of Justice)
The Government is committed to mitigating the impacts of the UK Supreme Court judgment of PACCAR and returning to a pre-PACCAR regime for third party litigation funding at the first legislative opportunity. We are actively looking to find appropriate legislative vehicles.