Category : Latest News

REGULATION OF THIRD PARTY LITIGATION FUNDING

REGULATION OF THIRD PARTY LITIGATION FUNDING

Wednesday 15 February 2017

The Government has announced it has no current plans to move away from the current method of voluntary regulation of third party litigation funding. In responding this January to written parliamentary questions asked by Lord Hodgson of Astley Abbotts, the justice minister...

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Recovery of Litigation Funding Costs in Arbitration

Recovery of Litigation Funding Costs in Arbitration

Wednesday 23 November 2016

The High Court in England has upheld an arbitrator’s decision to award a claimant their costs of taking out third party litigation funding.In Essar Oilfields -v- Norscot [2016] EWHC 2361 (Comm) the court held that the phrase in s.59(1)(c) of the Arbitration...

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IPT increase to come into effect in October this year.

IPT increase to come into effect in October this year.

Friday 18 March 2016

 Tax rises earmarked to help with flood defences despite government pledging last year that there were no plans for a further rate rise. The standard rate of IPT will be increased from 9.5% to 10% with effect from 1 October 2016, according to Budget 2016 documents. The...

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Race for Life – 16th July 2016

Race for Life – 16th July 2016

Wednesday 16 March 2016

 We are currently helping Vanessa Andrews fundraise for Cancer Research UK and thought the mud run would be an excellent opportunity. We are sure that everyone is much aware of the increase of this disease in our world and together we can try and beat it by supporting this great...

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Recoverability of ATE Premiums for Insolvency Litigation ends of the 1st April 2016

Recoverability of ATE Premiums for Insolvency Litigation ends of...

Wednesday 27 January 2016

 Most Insolvency Practitioners will now be aware that the recoverability of ATE premiums and success fees are due to cease on the 1st of April 2016. Accordingly, clients who take out an insurance policy on or before 31st March 2016 will be able to recover the...

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Maxima launches new specialist Media Insurance.

Maxima launches new specialist Media Insurance.

Wednesday 14 October 2015

 With the ever-changing and rapid advancement of IT, Social Media, and online media services such as iTunes and Cloud Management to name but a few, the Media and Entertainment Industry is increasingly becoming exposed to higher risks of litigation. Whether companies and...

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Insurance Premium Tax Hike

Insurance Premium Tax Hike

Thursday 09 July 2015

 We were interested to read the reaction from The Telegraph in regard to the insurance premium tax hike set to hit business and consumers. Please see below for the following article wrote by Jon Yeomans. One of the less anticipated moves in today’s budget was...

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British Insurance Brokers’ Association

British Insurance Brokers’ Association

Monday 18 May 2015

 Jane Jones and Heather Pinchbeck of Maxima Litigation Solutions Ltd attended the annual British Insurance Brokers' Association Conference in Manchester, in which it gave us the chance to connect with the Insurance and Funding market but also provided us with an insight of the new...

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