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Access to Justice update
04 March 2024
Type
Written Ministerial Statement
Department
Ministry of Justice
At a Glance
Issue Summary
The government is addressing the impacts of the UK Supreme Court's PACCAR judgment that rendered third-party litigation funding agreements unenforceable.
Action Requested
Legislation will be introduced in this parliamentary session to enhance access to justice and maintain the competitiveness of the England and Wales jurisdiction for commercial litigation, by allowing third-party litigation funding again.
Key Facts
- The UK Supreme Court judgment rendered third-party litigation funding agreements unenforceable in July 2023.
- Third-party litigation funding is crucial for big and complex claims against corporations.
- The Post Office Horizon scandal highlighted the importance of such funding for access to justice.
- The new legislation will apply to all proceedings and promote access to justice.
- The UK legal sector contributes over £34 billion per annum to the UK economy.
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Assessment & feedback
Summary accuracy