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18 June 2009 / Stephen Gold
Issue: 7374 / Categories: Features , Civil way , Procedure & practice
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Civil way: 19 June 2009

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CFO rates hit rock bottom; Ecstasy for tolerated trespassers; Master loses Rolls; Reduced assets

 

 

 

Civil way

CFO rates hit rock bottom; Ecstasy for tolerated trespassers; Master loses Rolls; Reduced assets

Not so special

Court Funds Office’s special account (mainly for investment of funds for children and others who lack capacity) and basic account (mainly for funds held on deposit during proceedings) saw their rates halved to 3% and 2% respectively on 1 February 2009. The reduced rates were halved again on 1 June 2009. For the innumerate, this means the special rate is down to 1.5% and the basic rate to 1%. Litigation friends may have a go at seeking to persuade the court to allow them to invest themselves. The special account change is of more than academic importance to personal injury pleaders as the rate is utilised in calculating interest on special losses in personal injury claims.

TA TA to the TT

The tolerated trespasser (TT) (a status described as “conceptually peculiar, even oxymoronic” by

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MOVERS & SHAKERS

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Sponsored by
Arc Pensions Law—Matthew Swynnerton

Arc Pensions Law—Matthew Swynnerton

Chair of the Association of Pension Lawyers joins as partner

Ampa Group—Kamal Chauhan

Ampa Group—Kamal Chauhan

Group names Shakespeare Martineau partner head of Sheffield office

Blake Morgan—four promotions

Blake Morgan—four promotions

Four legal directors promoted to partner across UK offices

NEWS
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NLJ this week: Renters’ Rights revolution begins—brace for tribunal chaos

The abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC

NLJ this week: Civil procedure gets a spring overhaul
Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation
NLJ this week: Why GP complaints are going nowhere
Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group
NLJ this week: Prenups meet a jurisdictional brick wall
A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
NLJ this week: Has Rylands v Fletcher come back from the dead?
An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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