Litigation/Dispute Resolution
FCA unveils motor finance plan and warns consumers off lawyers
The FCA yesterday confirmed that it would issue a consultation in early October on a motor finance compensation scheme, stressing that consumers need not use a law firm or CMC.
Misconduct by solicitor leading to civil restraint order “was not noble”
The Solicitors Disciplinary Tribunal has rejected an argument from a solicitor made subject to a general civil restraint order that his “underlying motivation” was “noble”.
Supreme Court finds for lenders on motor finance – with one exception
The Supreme Court this afternoon overturned the Court of Appeal’s ruling in the motor finance litigation – with one exception, the unfair relationship under the Consumer Credit Act.
Pogust Goodhead: Dam defendants “trying to put us out of business”
Class action practice Pogust Goodhead has accused the defendants in the Fundão Dam case of trying to “put an end” to the firm by settling claims directly with its clients.
CAT makes costs support and public funding agreements standard
People bringing collective actions should always instruct costs specialists to assist them with scrutinising their lawyers’ fees and also make their funding agreements public, the CAT has ruled.
SRA and FCA join forces to warn over motor finance misconduct
Regulators have issued a warning to law firms and claims management companies about their conduct of motor finance claims ahead of tomorrow’s Supreme Court ruling.
OPRC consults on inclusion framework and pre-action model
The Online Procedure Rule Committee has launched its first public consultation, on an inclusion framework and pre-action model that would set standards for digital services.
Partner struck off after sticking “head in the sand” over bill
A partner whose “head in the sand” approach meant a case spiralled out of control after he failed to serve points of dispute on a bill of costs in time has been struck off.
Supreme Court to rule on car finance cases on Friday – at 4.35pm
The Supreme Court is to take the highly unusual step of issuing its heavily anticipated ruling in the car finance cases at 4.35pm this Friday.
Uncertainty over advocates’ immunity could have “chilling effect”
A High Court ruling casting uncertainty over the immunity of advocates for what they say and do in court could have a “chilling effect”, the Bar Council has warned.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
