Insolvency Litigation – Legal Aid, Sentencing and Punishment of Offenders Act 2012
No win no fee conditional fee arrangements (“CFAs”) have long been an important feature of insolvency litigation, enabling claims to be brought against delinquent directors and others for the benefit of creditors. The changes to CFAs brought in by the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (“LASPO”) had threatened the future of insolvency litigation. A short term exemption from LASPO for such proceedings was due to expire on 1 April 2015.
Winckworth Sherwood LLP is a limited liability partnership registered in England and Wales with the registered number OC334359 and
is authorised and regulated by the Solicitors Regulation Authority.
Our VAT registration number is 183 8680 66. A list of members is open
to inspection at the registered office, Minerva House, 5 Montague Close, London SE1 9BB. The term 'partner' is used to refer to a member.