Update on Insolvency Practitioners Loss of No Win No Fee
Posted on 22 March 2016
Shadow Justice Minister, Christina Rees tabled parliamentary questions on behalf of R3, the body which looks after the interest of Insolvency Practitioners.
Minister, Christina Rees asks the government their justification for ending the insolvency professions exemption to the 2012 LASPO.
To date the government had failed to provide an answer as to why it disagrees with the findings of Professor Walton's report on the likely impact of the reforms.
As previously stated it would appear that the real beneficiaries of the loss of the LASPO exemption will be rouge traders any others who refuse to pay creditors monies due.
It is essential that businesses and individuals seek early advice as it is often possible to avoid formal insolvency proceedings and implement a recovery plan
Subscribe via RSS
25 April 2016
22 March 2016
20 January 2016
- Head Office: Suite 3 Farleigh House, Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR
- Tel: 01275 464 038
Fax: 01275 462 937