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May 2010 |
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Plans to cut conditional fee agreements (“CFA”) success fees for libel cases by up to 90 per cent have been dropped owing to lack of Parliamentary time.
The controversial plans, which were opposed by many claimant libel lawyers, would have capped the success fee chargeable in CFAs from a maximum 100 per cent to ten per cent. The reforms had previously failed to pass the committee stage in the House of Commons after four labour MPs joined opposition parties to vote it down.
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