Insolvency update: Move fast and settle things
In the onset of the Covid-19 pandemic, the business world was subject to huge disruption – with numerous companies ‘going to the wall’ and many others teetering on the brink. In the insolvency and restructuring arena, the government, insolvency practitioners and solicitors had to adapt fast. We take a look at developments.
ARAG appoints new CFO
Leading legal expenses and assistance provider ARAG has appointed Simon Barrett as the company’s next Chief Financial Officer, in preparation for the retirement of longstanding CFO Bob Moreton, next year.
Disbursement Funding – Being a Credit Intermediary
Alongside the numerous benefits of being able to offer Temple disbursement funding, it is understandable some solicitors may be concerned at the thought of being a credit intermediary when providing this service to their clients. In this article we provide straightforward guidance on what is required and what you have to do when taking on a role that has benefits both for your firm and clients.
Evaluating Litigation Crowdfunding against the framework of the Code of the Association of Litigation Funders
Using a platform, such as AxiaFunder, to fund commercial litigation is relatively innovative and therefore requires careful consideration by lawyers and claimants before engagement. One framework with which to assess litigation crowdfunding is the Code of the Association of Litigation Funders (ALF).
Record redundancies leave employment tribunals struggling to cope despite government measures
The record number of redundancies reported by the Office for National Statistics this week sits in stark contrast with today’s HMCTS data, which reveals a tribunal system unable to cope with a wave of employment claims that is only just beginning to flood in.
