Insolvency

(asked on 22nd March 2016) - View Source

Question to the Ministry of Justice:

To ask the Secretary of State for Justice, on what date his Department met Professor Walton to discuss the findings of his interim report on the insolvency litigation landscape, published on 10 December 2015.


Answered by
Dominic Raab Portrait
Dominic Raab
This question was answered on 12th April 2016

Ministry of Justice officials met Professor Walton and others on 12 October last year to discuss his report, but the Ministry of Justice did not agree with his conclusions. Our changes to no win no fee deals have tackled the increasing costs of litigation. We delayed bringing the law in for insolvency proceedings to allow the industry time to prepare. The no win no fee reforms in Part 2 of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 will come into force for insolvency proceedings on 6 April this year.

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